Fri frakt över 249 kr
•
Snabba leveranser
•
Billiga böcker

Fynda 4 pocketböcker till priset av 3 →

Economic Foundation of Asset Price Processes

AvErik Paul Lüders

Häftad, Engelska, 2004

Del i serien ZEW Economic Studies

1 080 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt över 249 kr.

Fler format och utgåvor

1 416 kr

Beskrivning

In this book the relation between the characteristics of investors' preferences and expectations and equilibrium asset price processes are analysed.

Produktinformation

Utgivningsdatum:2004-02-03
Mått:155 x 235 x 8 mm
Vikt:206 g
Format:Häftad
Språk:Engelska
Serie:ZEW Economic Studies
Antal sidor:121
Förlag:Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN:9783790801491

Utforska kategorier

Mikroekonomi inom Ekonomi och Ledarskap
Finansiering inom Ekonomi och Ledarskap

Innehållsförteckning

1 Introduction.- 2 Arbitrage-Free Markets and the Pricing Kernel.- 2.1 Implications of Arbitrage-Free Markets.- 2.2 The Representative Agent Economy.- 2.3 Summary of Chapter 2.- 3 The Information Process.- 3.1 Characterization of the Economy.- 3.2 Complete Information and Constant Coefficients of the Book Value Process.- 3.3 Complete Information and Random Coefficients of the Book Value Process.- 3.4 Unknown Drift of the Book Value Process.- 3.5 Summary of Chapter 3.- 4 Literature Review.- 4.1 Empirical Literature.- 4.2 Theoretical Literature.- 4.3 Summary of Chapter 4.- 5 Asset Returns with Non-Constant Elasticity of the Pricing Kernel.- 5.1 Implications for Asset Returns in Continuous-Time.- 5.2 Implications for Asset Returns in Discrete-Time.- 5.3 The Explanatory Power of Multiples.- 5.4 Summary of Chapter 5.- 6 Analytical Asset Price Processes.- 6.1 A New Class of Pricing Kernels.- 6.2 HARA-Preferences.- 6.3 Summary of Chapter 6.- 7 Asset Returns Given Stochastic Volatility of the Information Process.- 7.1 The Model.- 7.2 Summary of Chapter 7.- 8 Summary.- A Appendix.- A.1 Theorem of Feynman-Kac.- A.2 Lemma 2 of Decamps and Lazrak.- A.3 Technical Discussion of Viability in Two-Factor Models.- A.4 Proof of Lemma 1.- A.5 Proof of Corollary 1.- A.6 Proof of Proposition 4.- A.7 Derivation of Equation 6.3.- A.8 Proof of Proposition 8.- A.9 Derivation of Equation 6.17.- A.10 Proof of Corollary 2.- A.11Proof of Proposition 9.- A.12 Proof of Proposition 10.- B Appendix: Figures.- References.

Mer från samma serie

Gunnar Lang - Macro Attractiveness and Micro Decisions in the Mutual Fund Industry, Inbunden

Del 47

Macro Attractiveness and Micro Decisions in the Mutual Fund Industry

Gunnar Lang

Inbunden, 2013

559 kr

Thomas Walter - Germany's 2005 Welfare Reform, Häftad

Del 46

Germany's 2005 Welfare Reform

Thomas Walter

Häftad, 2014

1 112 kr

Kai Hüschelrath, Heike Schweitzer - Public and Private Enforcement of Competition Law in Europe, Inbunden

Del 48

Public and Private Enforcement of Competition Law in Europe

Kai Hüschelrath, Heike Schweitzer

Inbunden, 2014

993 kr

Gunnar Lang - Macro Attractiveness and Micro Decisions in the Mutual Fund Industry, Häftad

Del 47

Macro Attractiveness and Micro Decisions in the Mutual Fund Industry

Gunnar Lang

Häftad, 2016

559 kr

Kai Hüschelrath, Heike Schweitzer - Public and Private Enforcement of Competition Law in Europe, Häftad

Del 48

Public and Private Enforcement of Competition Law in Europe

Kai Hüschelrath, Heike Schweitzer

Häftad, 2016

993 kr

Elke Wolf - What Hampers Part-Time Work?, Häftad

What Hampers Part-Time Work?

Elke Wolf

Häftad, 2002

559 kr

Paolo Cecchini, Friedrich Heinemann, Mathias Jopp - Incomplete European Market for Financial Services, Häftad

Del 19

Incomplete European Market for Financial Services

Paolo Cecchini, Friedrich Heinemann, Mathias Jopp

Häftad, 2003

543 kr

Christoph Böhringer, Andreas Löschel - Empirical Modeling of the Economy and the Environment, Häftad

Del 20

Empirical Modeling of the Economy and the Environment

Christoph Böhringer, Andreas Löschel

Häftad, 2003

1 112 kr

Klaus Rennings, Thomas Zwick - Employment Impacts of Cleaner Production, Häftad

Del 21

Employment Impacts of Cleaner Production

Klaus Rennings, Thomas Zwick

Häftad, 2003

559 kr

Oliver Bürgel, Andreas Fier, Georg Licht, Gordon Murray - Internationalisation of Young High-Tech Firms, Häftad

Del 22

Internationalisation of Young High-Tech Firms

Oliver Bürgel, Andreas Fier, Georg Licht, Gordon Murray

Häftad, 2003

1 112 kr

Du kanske också är intresserad av

Erik Paul Luders - Economic Foundation of Asset Price Processes, E-bok

Economic Foundation of Asset Price Processes

Erik Paul Luders

E-bok

2012

1 416 kr

Felix Hüfner - Foreign Exchange Intervention as a Monetary Policy Instrument, Häftad

Del 23

Foreign Exchange Intervention as a Monetary Policy Instrument

Felix Hüfner

Häftad, 2003

559 kr

Matthias Meitner - Market Approach to Comparable Company Valuation, Häftad

Del 35

Market Approach to Comparable Company Valuation

Matthias Meitner

Häftad, 2006

1 080 kr

Marcus Kappler, Andreas Sachs - Business Cycle Synchronisation and Economic Integration, Inbunden

Del 45

Business Cycle Synchronisation and Economic Integration

Marcus Kappler, Andreas Sachs

Inbunden, 2012

559 kr

Christoph Spengel, Andreas Oestreicher - Common Corporate Tax Base in the EU, Häftad

Del 43

Common Corporate Tax Base in the EU

Christoph Spengel, Andreas Oestreicher

Häftad, 2011

559 kr

H. Legler, G. Licht, A. Spielkamp - Germany’s Technological Performance, Häftad

Del 8

Germany’s Technological Performance

H. Legler, G. Licht, A. Spielkamp

Häftad, 2000

559 kr

Jens Köke - Corporate Governance in Germany, Häftad

Corporate Governance in Germany

Jens Köke

Häftad, 2002

559 kr

Thiess Büttner - Agglomeration, Growth, and Adjustment, Häftad

Del 2

Agglomeration, Growth, and Adjustment

Thiess Büttner

Häftad, 1998

559 kr

Marcus Kappler, Andreas Sachs - Business Cycle Synchronisation and Economic Integration, Häftad

Del 45

Business Cycle Synchronisation and Economic Integration

Marcus Kappler, Andreas Sachs

Häftad, 2014

559 kr

Christina Elschner, Robert Schwager - Effective Tax Burden on Highly Qualified Employees, Häftad

Effective Tax Burden on Highly Qualified Employees

Christina Elschner, Robert Schwager

Häftad, 2005

559 kr