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- W4230650557 abstract "Asset pricing is a branch of financial economics that is rich in puzzles and anomalies – that is, stylized empirical facts not easily explained by the canonical asset pricing models. These range from the equity premium puzzle and the risk-free rate puzzle to the fact that stock returns are highly predictable. This article discusses different consumption-based asset pricing models that have been developed to resolve these puzzles, and it evaluates their empirical performance." @default.
- W4230650557 created "2022-05-11" @default.
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- W4230650557 date "2008-01-01" @default.
- W4230650557 modified "2023-09-23" @default.
- W4230650557 title "Consumption-Based Asset Pricing Models (Empirical Performance)" @default.
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- W4230650557 doi "https://doi.org/10.1057/978-1-349-95121-5_2198-1" @default.
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