The study analyzes the response to financial asset prices and economic activity concerning
central bank independence (CBI) shocks in selected develo** countries. Financial asset …

Purpose This study aims to analyse the effects of Economic Policy Uncertainty (EPU) on the
return of growth/value and small/large-cap stocks during expansionary and recessionary …

Building on recent research that highlights the importance of macroeconomic volatility and
ambiguity aversion in explaining the dynamics of stock returns, in this paper we propose a …

Assuming an environment with rational and informed agents, where investors exhibit
recursive preferences and make their economic decisions embedding industry bubbles into …

In this paper, Bekaert et al.'s (2010) model is modified by allowing consumption growth to
depend on dividend yield rather than dividend growth. With a simplified inflation dynamic …

ESSAYS ON EMPIRICAL ASSET PRICING MODELS By SOMAYEH AHMADI A dissertation
submitted to the Graduate Faculty in Economics in part Page 1 ESSAYS ON EMPIRICAL ASSET …

Muchos son los meses que he dado vueltas a las líneas que estoy escribiendo en este
momento, y aun así tengo la sensación de que escriba lo que escriba no va a ser suficiente …

Abstract we develop a Consumption Capital Asset Pricing Model with Regret Aversion (R-
CCAPM) for stock returns. A representative investor determines allocation of wealth between …

Decision making on buying stock is a complex process. Comparing various companies
based on the industry they belong to and the identification of the superior industries through …

Les prix des actifs financiers reflètent-ils toutes les informations antérieures ainsi que toutes
celles qui sont publiques? La théorie de l'efficience informationnelle, dans une forme semi …