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Elsevier

Handbook of the Economics of Finance

Financial Markets and Asset Pricing

  • 1st Edition, Volume 1B - November 4, 2003
  • Latest edition
  • Editors: G. Constantinides, Rene M. Stulz, M. Harris
  • Language: English

Volume 1B covers the economics of financial markets: the saving and investment decisions; the valuation of equities, derivatives, and fixed income securities; and market… Read more

Description

Volume 1B covers the economics of financial markets: the saving and investment decisions; the valuation of equities, derivatives, and fixed income securities; and market microstructure.

Table of contents

Arbitrage, State Prices and Portfolio Theory (P.H. Dybvig, S. Ross). Intertemporal Asset Pricing Theory (D. Duffie). Tests of Multi-Factor Pricing Models, Volatility, and Portfolio Performance (W.E. Ferson). Consumption-Based Asset Pricing (J.Y. Campbell). The Equity Premium in Retrospect (R. Mehra, E.C. Prescott). Anomalies and Market Efficiency (G.W. Schwert). Are financial assets priced locally or globally? (G.A. Karolyi, R. Stulz). Microstructure and Asset Pricing (D. Easley, M. O'Hara). A Survey of Behavioral Finance (N.C. Barberis, R.H. Thaler). Finance, Optimization, and the Irreducibly Irrational Component of Human Behavior (R.J. Shiller). Derivatives (R.E Whaley). Fixed Income Pricing (Q. Dai, K.Singleton).

Product details

  • Edition: 1
  • Latest edition
  • Volume: 1B
  • Published: November 4, 2003
  • Language: English

About the editors

GC

G. Constantinides

Affiliations and expertise
University of Chicago, Chicago, IL, USA

RS

Rene M. Stulz

Affiliations and expertise
The Ohio State University, Columbus, OH, USA

MH

M. Harris

Affiliations and expertise
University of Chicago, Chicago, IL, USA

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