文章基本信息

标题：Dependent background risks and asset prices
本地全文：下载
作者：Yusuke Osaki
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2005
卷号：4
出版社：Economics Bulletin
摘要：Dependent background risks which have functional forms are introduced into Lucas economies. This paper determines the conditions on preferences to guarantee the monotonicity of asset prices, when dependent background risks satisfy the monotonicity and the single crossing conditions.
关键词：Asset price