Similar Search Results

Resurrecting the (C)CAPM : a cross-sectional test when risk premia are time-varying

Lettau, Martin; Ludvigson, Sydney C. - 1999

Persistent link: https://www.econbiz.de/10001445447

Consumption, aggregate wealth and expected stock returns

Lettau, Martin; Ludvigson, Sydney C. - 1999

Persistent link: https://www.econbiz.de/10001398353

A primer on the economics and time series econometrics of wealth effects : a comment

Lettau, Martin (contributor); … - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001590070

Resurrecting the (C)CAPM : a cross-sectional test when risk premia are time-varying

Lettau, Martin; Ludvigson, Sydney C. - In: Journal of political economy 109 (2001) 6, pp. 1238-1287

Persistent link: https://www.econbiz.de/10001631589

Understanding trend and cycle in asset values : reevaluating the wealth effect on consumption

Lettau, Martin; Ludvigson, Sydney C. - 2003

Persistent link: https://www.econbiz.de/10001776927

Time-varying risk premia and the cost of capital : an alternative implication of the Q theory of investment

Lettau, Martin; Ludvigson, Sydney C. - In: Journal of monetary economics 49 (2002) 1, pp. 31-66

Persistent link: https://www.econbiz.de/10001641074

Comment on: Time-varying risk premia and the cost of capital : an alternative implication of the Q theory of investment

Eberly, Janice C. - In: Journal of monetary economics 49 (2002) 1, pp. 67-74

Persistent link: https://www.econbiz.de/10001641088

tay's as good as cay: reply

Lettau, Martin; Ludvigson, Sydney C. - In: Finance research letters 2 (2005) 1, pp. 15-22

Persistent link: https://www.econbiz.de/10002685533

Understanding trend and cycle in asset values : reevaluating the wealth effect on consumption

Lettau, Martin; Ludvigson, Sydney C. - In: The American economic review 94 (2004) 1, pp. 276-299

Persistent link: https://www.econbiz.de/10002034948

Monetary Policy and Asset Valuation

Bianchi, Francesco; Lettau, Martin; Ludvigson, Sydney C. - 2021

We document large, longer-term, joint regime shifts in asset valuations and the real federal funds rate-r* spread. To interpret these findings, we estimate a novel macro-finance model of monetary transmission and find that the documented regimes coincide with shifts in the parameters of a policy...

Persistent link: https://www.econbiz.de/10013234115