Beschreibung
Asset pricing is one of the most interesting fields of finance. We focus our attention towards assessing consumption based asset pricing model with the help of US stock market data. We present the theoretical framework and empirical analysis in lucid manner. The Lettau and Ludvigson conditioning variable is used in linear form in their study. We introduce the non linear form of cay variable in asset pricing model to assess its impact on the explanatory power of the CCAPM.
Autorenporträt
The author is holding Ph.D degree in Finance from University of Delhi.He studied MSc. in Finance and Investment from University of Edinburgh, UK. The author has keen interest in empirical finance. The author has participated in national and international conferences.
Herstellerkennzeichnung:
BoD - Books on Demand
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