Asset prices and real investment

Article Abstract:

A model of a production economy in which real investment is irreversible and subject to convex adjustment costs is developed and presented. The tests based on empirical subjects support the findings of predictions for conditional volatility but not for expected returns.

Methods, Investment analysis, Securities analysis

---

Market price of risk specifications for affine models: theory and evidence

Article Abstract:

The feasibility of using market price of risk specification for affine yield models and other asset pricing models is analyzed.

Capital funds & cash flow, Models, Risk (Economics), Valuation, Yield (Investments)

---

Investor attention, overconfidence and category learning

Article Abstract:

A study on the role of investor attention in determination of asset prices with relation to learning process is presented.

Psychological aspects, Investors, Attentional bias

Similar abstracts:

• Abstracts: Asset pricing and the role of money in an intergenerational economy. The risk and price volatility of stock options in general equilibrium
• Abstracts: Multiproject contact in research joint ventures: evidence and theory. A theory of haste
• Abstracts: Price ceilings as focal points for tacit collusion: evidence from credit cards. Simple menus of contracts in cost-based procurement and regulation
• Abstracts: Enterprise finance and investment in listed Hungarian firms. Comparing individual wage determinants in Western and Central Europe: on the way to convergence? The cases of France and Hungary
• Abstracts: Schumpeterian patterns of innovation. Investment, finance and the business cycle: evidence from the Dutch manufacturing sector

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.