Business-cycle pattern of asset returns: a general equilibrium explanation Article

Kang, Qiang. (2019). Business-cycle pattern of asset returns: a general equilibrium explanation . Annals of Finance, 15(4), 539-561. 10.1007/s10436-019-00347-y

keywords

  • Business & Economics
  • Business, Finance
  • CONSUMPTION
  • Capital accumulation
  • Counter-cyclical variation
  • Decreasing returns to capital
  • EXPECTED RETURNS
  • HABIT
  • LONG-RUN
  • MARKET
  • Overlapping-generation model
  • PREDICTABILITY
  • RISK
  • STOCK RETURNS
  • Social Sciences
  • VOLATILITY

Digital Object Identifier (DOI)

start page

  • 539

end page

  • 561

volume

  • 15

issue

  • 4