Asset Prices
Asset prices and fiscal balances
... anticipated asset price changes and to analysing recent asset price ...should asset price ...to asset price changes and ...Equilibrium asset prices are unknown (and any changes ...
47
Asset Prices and Hyperbolic Discounting
... for asset prices and rates of ...stock prices and interest rates are affected by ...stock prices and raises the risk-free ...stock prices, relative to the exponential ...
18
Capital Flows and Asset Prices
... The asset price falls because the interest rate is higher as well as the user cost of the asset is lower persistently due to ...the asset price hurts the productive agents more than the unproductive ...
67
Corporate policies and asset prices
... We follow a structural estimation approach to identify of both direct and indirect costs of issuance. In fact, model- implied estimates in Hennessy and Whited [2007] are larger than the ones reported in studies that ...
205
Securitisation and asset prices
... of asset-backed securitization leads to a statistically and economically significant drop in term spreads, equity and bond premium and contribute to explain their ...and asset prices seem to hold also ...
58
Monetary policy and asset prices
... model. Asset prices are assumed to affect consumer price inflation through an aggregate demand ...particular, asset prices can influence aggregate demand and hence con- sumer price inflation ...
27
Fiscal policy and asset prices
... Asset prices constitute a critical link between macroeconomic, monetary and …nancial stability (Ra…q and Mallick, 2008; Sousa, 2010a, ...in asset prices, from their long-run equilibrium ...
36
Happiness Maintenance and Asset Prices
... documented asset pricing puzzles, such as the risk-free rate, equity premium and volatility puzzles and offers an intuitive rationale for why business cycles entail nonnegligible welfare ...of asset returns ...
66
Learning, monetary policy and asset prices
... The London School of Economics and Political Science Learning, Monetary Policy and Asset Prices Alberto Locarno A thesis submitted to the Department of Economics of the London School of Economics and[.] ...
203
Asset Prices in the Measurement of Inflation
... employ asset prices in the measurement of current inflation and the purchasing power of money, consider the simplest possible case of what we will call pure ...all prices change proportionally, then ...
40
Generalized Disappointment Aversion and Asset Prices
... and asset prices in the post-war US econ- omy have led researchers to explore models of intertemporal preferences that generalize the well-developed time-additive-expected-utility specification used in the ...
40
News shocks and asset prices
... of view, our results speak about how many quarters in advance are the main drivers of business cycles anticipated. Our estimation assigns a prominent role to the four-quarter-anticipated news ( 4 x,t , x = a, ω) about ...
36
Risk, Uncertainty and Asset Prices
... stock prices within the confines of rational pricing ...stock prices and risk premiums in a Lucas (1978) general equilibrium model, with the perhaps surprising result that increased riskiness only lowers ...
55
Money, Asset Prices and the Liquidity Premium
... secondary asset markets, and, often- times, they are used directly as means of ...their prices are higher than those of illiquid assets with comparable safety and maturity ...liquid asset ...
32
Liquidity and asset prices: a VECM approach
... of asset and financial stability valuation ...between asset prices and monetary or credit aggregates seems appealing but only after the recent financial crisis arrived satisfactory ...
15
Money, Asset Prices and the Liquidity Premium
... to asset prices which are derived in the traditional asset pricing models where assets are only used as a store of value: the asset prices equal the present discount value of their ...
33
Fiscal Policy and Asset Prices
... Asset prices constitute a critical link between macroeconomic, monetary and …nancial stability (Ra…q and Mallick, 2008; Sousa, 2010a, ...in asset prices, from their long-run equilibrium ...
39
Asset Prices and Real Investment
... or prices must adjust in response to a demand ...then prices must ...and prices of financial assets must adjust to absorb the ...Therefore, asset prices are relatively volatile and ...
30
Financial institutions and asset prices
... risky asset and a riskless ...risky asset by delegating her wealth to the fund manager, and the manager is allowed to divert a fraction of the realized profit of the fund ...
191
Money, Asset Prices and the Liquidity Premium
... to asset prices which are derived in the traditional asset pricing models where assets are only used as a store of value and their supply does not affect their prices: the asset ...
35