Investor Information, Long-Run Risk, and the Term Structure of Equity

By Mariano Massimiliano Croce, Martin Lettau, Sydney C. Ludvigson. 2015

131 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/33170743b9b036492075e597186ff42f12d5adac

Citations in the corpus

• Higher-order effects in asset-pricing models with long-run risks (2018, unknown): “Economically, when shocks are highly persistent, agents can spend longer periods trapped in undesirable parts of the state 1Prominent exceptions that do not rely on log-linearized solutions are the studies by Croce et al. (2015) and Collin-Dufresne et al. (2016).”