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THE IMPLICATIONS OF NONMARKETABLE INCOME FOR CONSUMPTION-BASED MODELS OF ASSET PRICING
被引:3
作者
:
BROWN, DP
论文数:
0
引用数:
0
h-index:
0
BROWN, DP
机构
:
来源
:
JOURNAL OF FINANCE
|
1988年
/ 43卷
/ 04期
关键词
:
D O I
:
10.2307/2328140
中图分类号
:
F8 [财政、金融];
学科分类号
:
0202 ;
摘要
:
引用
收藏
页码:867 / 880
页数:14
相关论文
共 15 条
[1]
CAPITAL MARKET EQUILIBRIUM WITH RESTRICTED BORROWING
[J].
BLACK, F
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CHICAGO,GRAD SCH BUSINESS,CHICAGO,IL 60637
UNIV CHICAGO,GRAD SCH BUSINESS,CHICAGO,IL 60637
BLACK, F
.
JOURNAL OF BUSINESS,
1972,
45
(03)
:444
-455
[2]
INTERTEMPORAL ASSET PRICING MODEL WITH STOCHASTIC CONSUMPTION AND INVESTMENT OPPORTUNITIES
[J].
BREEDEN, DT
论文数:
0
引用数:
0
h-index:
0
机构:
Stanford University, Stanford
BREEDEN, DT
.
JOURNAL OF FINANCIAL ECONOMICS,
1979,
7
(03)
:265
-296
[3]
NON-STATIONARITY AND STAGE-OF-THE-BUSINESS-CYCLE EFFECTS IN CONSUMPTION-BASED ASSET PRICING RELATIONS
[J].
FERSON, WE
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
NYU,NEW YORK,NY 10003
FERSON, WE
;
MERRICK, JJ
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
NYU,NEW YORK,NY 10003
MERRICK, JJ
.
JOURNAL OF FINANCIAL ECONOMICS,
1987,
18
(01)
:127
-146
[4]
CONSUMPTION CORRELATEDNESS AND RISK MEASUREMENT IN ECONOMIES WITH NON-TRADED ASSETS AND HETEROGENEOUS INFORMATION
[J].
GROSSMAN, SJ
论文数:
0
引用数:
0
h-index:
0
机构:
YALE UNIV,NEW HAVEN,CT 06520
YALE UNIV,NEW HAVEN,CT 06520
GROSSMAN, SJ
;
SHILLER, RJ
论文数:
0
引用数:
0
h-index:
0
机构:
YALE UNIV,NEW HAVEN,CT 06520
YALE UNIV,NEW HAVEN,CT 06520
SHILLER, RJ
.
JOURNAL OF FINANCIAL ECONOMICS,
1982,
10
(02)
:195
-210
[5]
OPTIMAL INVESTMENT AND CONSUMPTION STRATEGIES UNDER RISK FOR A CLASS OF UTILITY FUNCTIONS
[J].
HAKANSSO.NH
论文数:
0
引用数:
0
h-index:
0
HAKANSSO.NH
.
ECONOMETRICA,
1970,
38
(05)
:587
-&
[6]
MARKET EQUILIBRIUM IN A MULTIPERIOD STATE PREFERENCE MODEL WITH LOGARITHMIC UTILITY
[J].
KRAUS, A
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV WASHINGTON,SEATTLE,WA 98105
KRAUS, A
;
LITZENBERGER, RH
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV WASHINGTON,SEATTLE,WA 98105
LITZENBERGER, RH
.
JOURNAL OF FINANCE,
1975,
30
(05)
:1213
-1227
[7]
THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS
[J].
LINTNER, J
论文数:
0
引用数:
0
h-index:
0
LINTNER, J
.
REVIEW OF ECONOMICS AND STATISTICS,
1965,
47
(01)
:13
-37
[8]
NONMARKETABLE ASSETS AND DETERMINATION OF CAPITAL ASSET PRICES IN ABSENCE OF A RISKLESS ASSET
[J].
MAYERS, D
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CALIF,GRAD SCH MANAGEMENT,LOS ANGELES,CA 90024
UNIV CALIF,GRAD SCH MANAGEMENT,LOS ANGELES,CA 90024
MAYERS, D
.
JOURNAL OF BUSINESS,
1973,
46
(02)
:258
-267
[9]
MAYERS D, 1976, STUDIES THEORY CAPIT
[10]
INTERTEMPORAL CAPITAL ASSET PRICING MODEL
[J].
MERTON, RC
论文数:
0
引用数:
0
h-index:
0
机构:
MIT,CAMBRIDGE,MA 02139
MIT,CAMBRIDGE,MA 02139
MERTON, RC
.
ECONOMETRICA,
1973,
41
(05)
:867
-887
←
1
2
→
共 15 条
[1]
CAPITAL MARKET EQUILIBRIUM WITH RESTRICTED BORROWING
[J].
BLACK, F
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CHICAGO,GRAD SCH BUSINESS,CHICAGO,IL 60637
UNIV CHICAGO,GRAD SCH BUSINESS,CHICAGO,IL 60637
BLACK, F
.
JOURNAL OF BUSINESS,
1972,
45
(03)
:444
-455
[2]
INTERTEMPORAL ASSET PRICING MODEL WITH STOCHASTIC CONSUMPTION AND INVESTMENT OPPORTUNITIES
[J].
BREEDEN, DT
论文数:
0
引用数:
0
h-index:
0
机构:
Stanford University, Stanford
BREEDEN, DT
.
JOURNAL OF FINANCIAL ECONOMICS,
1979,
7
(03)
:265
-296
[3]
NON-STATIONARITY AND STAGE-OF-THE-BUSINESS-CYCLE EFFECTS IN CONSUMPTION-BASED ASSET PRICING RELATIONS
[J].
FERSON, WE
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
NYU,NEW YORK,NY 10003
FERSON, WE
;
MERRICK, JJ
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
NYU,NEW YORK,NY 10003
MERRICK, JJ
.
JOURNAL OF FINANCIAL ECONOMICS,
1987,
18
(01)
:127
-146
[4]
CONSUMPTION CORRELATEDNESS AND RISK MEASUREMENT IN ECONOMIES WITH NON-TRADED ASSETS AND HETEROGENEOUS INFORMATION
[J].
GROSSMAN, SJ
论文数:
0
引用数:
0
h-index:
0
机构:
YALE UNIV,NEW HAVEN,CT 06520
YALE UNIV,NEW HAVEN,CT 06520
GROSSMAN, SJ
;
SHILLER, RJ
论文数:
0
引用数:
0
h-index:
0
机构:
YALE UNIV,NEW HAVEN,CT 06520
YALE UNIV,NEW HAVEN,CT 06520
SHILLER, RJ
.
JOURNAL OF FINANCIAL ECONOMICS,
1982,
10
(02)
:195
-210
[5]
OPTIMAL INVESTMENT AND CONSUMPTION STRATEGIES UNDER RISK FOR A CLASS OF UTILITY FUNCTIONS
[J].
HAKANSSO.NH
论文数:
0
引用数:
0
h-index:
0
HAKANSSO.NH
.
ECONOMETRICA,
1970,
38
(05)
:587
-&
[6]
MARKET EQUILIBRIUM IN A MULTIPERIOD STATE PREFERENCE MODEL WITH LOGARITHMIC UTILITY
[J].
KRAUS, A
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV WASHINGTON,SEATTLE,WA 98105
KRAUS, A
;
LITZENBERGER, RH
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV WASHINGTON,SEATTLE,WA 98105
LITZENBERGER, RH
.
JOURNAL OF FINANCE,
1975,
30
(05)
:1213
-1227
[7]
THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS
[J].
LINTNER, J
论文数:
0
引用数:
0
h-index:
0
LINTNER, J
.
REVIEW OF ECONOMICS AND STATISTICS,
1965,
47
(01)
:13
-37
[8]
NONMARKETABLE ASSETS AND DETERMINATION OF CAPITAL ASSET PRICES IN ABSENCE OF A RISKLESS ASSET
[J].
MAYERS, D
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CALIF,GRAD SCH MANAGEMENT,LOS ANGELES,CA 90024
UNIV CALIF,GRAD SCH MANAGEMENT,LOS ANGELES,CA 90024
MAYERS, D
.
JOURNAL OF BUSINESS,
1973,
46
(02)
:258
-267
[9]
MAYERS D, 1976, STUDIES THEORY CAPIT
[10]
INTERTEMPORAL CAPITAL ASSET PRICING MODEL
[J].
MERTON, RC
论文数:
0
引用数:
0
h-index:
0
机构:
MIT,CAMBRIDGE,MA 02139
MIT,CAMBRIDGE,MA 02139
MERTON, RC
.
ECONOMETRICA,
1973,
41
(05)
:867
-887
←
1
2
→