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Asset Pricing 9780691121376

Course Codes : FINM8006
ISBN : 9780691121376
Publisher : Princeton University Press
Author(s) :
Publication Date :
Edition : Rev ed
Overview He translates between the discount factor, GMM, and state-space language and the beta, mean-variance, and regression language common in empirical work and earlier theory. The book also includes a review of recent empirical work on return predictability, value and other puzzles in the cross section, and equity premium puzzles and their resolution. Written to be a summary for academics and professionals as well as a textbook, this book condenses and advances recent scholarship in financial economics.



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