AV Akademikerverlag ( 07.08.2019 )
€ 39,90
Recent studies tried to explain puzzles in asset pricing theory within a frame of disaster models. In my study I examine baseline parameters like probability of disaster and disaster size and try to make a better estimate for both of them. Furthermore I imply a standard constant probability disaster model for blocks of developed and less developed economies to challenge if disaster models can explain different equity premium rates and risk-free rates in different economies. I found that a constant probability disaster model cannot explain simultaneously high equity premiums and low risk-free rates even if I use a sample of split data for developed and less developed economies.
Buch Details: |
|
ISBN-13: |
978-620-2-22446-8 |
ISBN-10: |
6202224460 |
EAN: |
9786202224468 |
Buchsprache: |
English |
von (Autor): |
Iwona Lewicka |
Seitenanzahl: |
64 |
Veröffentlicht am: |
07.08.2019 |
Kategorie: |
Wirtschaft |