Essays on Productivity Risks in Asset Pricing
| Author | : Nam Gang Lee |
| Publisher | : |
| Total Pages | : 133 |
| Release | : 2018 |
| ISBN-10 | : OCLC:1083126725 |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis Essays on Productivity Risks in Asset Pricing by : Nam Gang Lee
Download or read book Essays on Productivity Risks in Asset Pricing written by Nam Gang Lee and published by . This book was released on 2018 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation analyzes the effect of productivity risk on economic fluctuations and asset prices in a production economy. My analysis is based on the direct estimation of various specifications regarding productivity, a key driver of fluctuations in macro quantities and asset prices, and seeks to avoid being the error of reverse-engineering the exogenous productivity process to match asset-pricing data.
