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Consumption growth, preference for smoothing, changes in expectations and risk premium

Armada, Manuel José da Rocha; Sousa, Ricardo M.; … - In: The quarterly review of economics and finance : journal … 56 (2015), pp. 80-97

Persistent link: https://www.econbiz.de/10011574359

Greek government-debt crisis events and European financial markets : news surprises on Greek bond yields and inter-relations of European financial markets

Gillas, Konstantinos Gkillas; Katsiampa, Paraskevi; … - In: International journal of finance & economics : IJFE 28 (2023) 4, pp. 4037-4054

Persistent link: https://www.econbiz.de/10014429282

Luxury goods and the equity premium

Aït-Sahalia, Yacine; Parker, Jonathan A.; Yogo, Motohiro - 2002

Persistent link: https://www.econbiz.de/10001755283

Luxury goods and the equity premium

Aït-Sahalia, Yacine; Parker, Jonathan A.; Yogo, Motohiro - 2001

Persistent link: https://www.econbiz.de/10001603816

Luxury goods and the equity premium

Aït-Sahalia, Yacine; Parker, Jonathan A.; Yogo, Motohiro - In: The journal of finance : the journal of the American … 59 (2004) 6, pp. 2959-3004

Persistent link: https://www.econbiz.de/10002504180

Luxury Goods and the Equity Premium

Ait-Sahalia, Yacine - 2001

This paper evaluates the return on equity using novel data on the consumption of luxury goods. Specifying household utility as a nonhomothetic function of the consumption of both a luxury good and a basic good, we derive and evaluate the riskiness of equity in such a world. Household survey and...

Persistent link: https://www.econbiz.de/10012470302