Does Market Incompleteness Matter for Asset Prices?
Journal of the European Economic Association · 2006
被引 17
人大 AABS 4
Fatih Guvenen· 罗切斯特大学
Burhanettin Kuruşçu· 得克萨斯大学奥斯汀分校
中文导读
论证了由有限股市参与导致的市场不完全性，对理解资产价格行为至关重要。
Abstract
In this paper we argue that market incompleteness resulting from limited stock market participation is important for understanding the behavior of asset prices.