Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 4 of 4 for “"pricing puzzles"”.
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Essays on Asset Pricing
This dissertation studies asset pricing from three perspectives. The first chapter takes the view of a long-run buy-and-hold investor, and offers an an explanation to prominent cross-sectional return anomalies. A commonality shared by these anomalies is that their returns are negatively correlated …
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Essays on Macroeconomics and International Finance
… the long-run risks model designed to match asset pricing data. We document how these dynamics, combined with Epstein-Zin-Weil preferences, help explain a number of asset pricing puzzles. Chapter 3, written jointly with Neil R. Mehrotra, investigates the relationship between sector-specific shocks, …
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Three essays on financial economics
… and development (R&D) to tackle two asset pricing puzzles: the positive R&D-return relation and the positive competition-return relation. Using a standard model of R&D return dynamics, I establish that competition and R&D investments have a strong interaction effect on stock returns. It is …
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Essays in Financial Economics
<p>The central puzzles in financial economics commonly include</p><p>violations of the expectations hypotheses, predictability of excess returns, and the levels and volatilities of nominal bond yields, in addition to well-known equity premium and the risk-free rate puzzles.</p><p>Equally surprising …