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Essays on Investor Beliefs and Asset Pricing

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Academic year: 2019

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Figure

Figure A.1: Gallup Investor Expectations and S&P 500 Index
Figure A.4: Calibrated Model Solutions: Rational Benchmark.
Figure A.6: Gallup Survey and Simulated Investor Sentiment.
Figure A.7: Interaction between Wealth and Investor Sentiment vs Degree of Ex-trapolation.
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