جزییات کتاب
Dynamic Choice and Asset Markets provides thorough models that analyze pricing and costs of all commodities. It considers the consumers' risks and opportunities. The authors begin with the theoretical background and develop the topics by integrating real-world, testable implications. This book is of value to students of finance and macroeconomics as well as researchers and economists using asset pricing models. Key Features* Analyzes theoretical properties of fully worked out equilibrium models* Describes alternative methods for testing the restrictions implied by these models* Analyzes empirical implications of the overlapping generations model* Describes econometric tests of restrictions implied by models for time series and panel data* Provides exercises throughout the book