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Rational expectations / Economic model / Economics / Financial economics / Ethics / Futures contract / Risk


The Market Price of Risk and the Equity Premium: A Legacy of the Great Depression?∗ Timothy Cogley† Thomas J. Sargent‡
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Document Date: 2015-04-08 13:04:13


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Columbia / United States / /

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George Washington University / University of California / New York University / /

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control tools / /

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Et mt / /

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European Central Bank / Universitat Aut`onoma de Barcelona / George Washington University / New York University / Universitat Pompeu Fabra / Hoover Institution / Bank of England / NYU / University of California / Davis / Eta / /

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Thomas J. Sargent / Timothy Cogley† Thomas / Martin Ellison / /

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Rt / distorted beta-binomial probability model for learning about consumption growth / representative / model / hidden Markov model for consumption growth estimated by CLM / model for preferences / /

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California / /

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nhl / /

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Adam / /

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