• Title of article

    Asset pricing with jump/diffusion permanent income shocks

  • Author/Authors

    Mark Freeman، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2002
  • Pages
    8
  • From page
    1
  • To page
    8
  • Abstract
    By assuming that all uninsurable risk is permanent, a closed form multi-period, multiple agent and multiple asset incomplete market asset pricing model is presented that allows for jump as well as diffusion risk to personal income.
  • Keywords
    Incomplete markets , Asset pricing theory
  • Journal title
    Economics Letters
  • Serial Year
    2002
  • Journal title
    Economics Letters
  • Record number

    435013