Sources of Entropy in Representative Agent Models

Material TypeArticleLanguageEnglish
TitleSources of Entropy in Representative Agent Models Author(S)MIKHAIL CHERNOV (Author)
Abstract  We propose two data-based performance measures for asset pricing models and apply them to models with recursive utility and habits. ...Paginationp 51–99
SubjectEconomicsDescriptorsEconomics
Journal TitleThe Journal of Finance  
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