Displacement risk and asset returns

Journal of Financial Economics

Volumn 105, Issue 3, 2012, Pages 491-510

  Gârleanu, Nicolae ^a,b,c   Kogan, Leonid ^b,d   Panageas, Stavros ^b,e  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c CEPR   (United Kingdom)

^d MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^e UNIVERSITY OF CHICAGO   (United States)

Author keywords

Consumption based asset pricing; Displacement risk; Equity premium; Incomplete markets; Value premium

Indexed keywords

EID: 84862764105     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2012.04.002     Document Type: Article

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