The following text field will produce suggestions that follow it as you type.

Popular Categories

Financial Asset Pricing Theory by Claus Munk, Paperback | Indigo Chapters

Compare Financial Asset Pricing Theory by Claus Munk, Paperback | Indigo Chapters

Claus Munk

$99.99

Financial Asset Pricing Theory offers a comprehensive overview of the classic and the current research in theoretical asset pricing. Asset pricing is developed around the concept of a state-price deflator which relates the price of any asset to its future (risky) dividends and thusincorporates how to adjust for both time and risk in asset valuation. The willingness of any utility-maximizing investor to shift consumption over time defines a state-price deflator which provides a link between optimal consumption and asset prices that leads to the Consumption-based Capital AssetPricing Model (CCAPM). A simple version of the CCAPM cannot explain various stylized asset pricing facts, but these asset pricing 'puzzles' can be resolved by a number of recent extensions involving habit formation, recursive utility, multiple consumption goods, and long-run consumption risks. Othervaluation techniques and modelling approaches (such as factor models, term structure models, risk-neutral valuation, and option pricing models) are explained and related to state-price deflators. The book will serve as a textbook for an advanced course in theoretical financial economics in a PhD or a quantitative Master of Science program. It will also be a useful reference book for researchers and finance professionals. The presentation in the book balances formal mathematical modelling andeconomic intuition and understanding. Both discrete-time and continuous-time models are covered. The necessary concepts and techniques concerning stochastic processes are carefully explained in a separate chapter so that only limited previous exposure to dynamic finance models is required. | Financial Asset Pricing Theory by Claus Munk, Paperback | Indigo Chapters

Compare more products to Claus Munk

Financial Asset Pricing Theory by Claus Munk, Paperback | Indigo Chapters
Loading Inventory...

Financial Asset Pricing Theory by Claus Munk, Paperback | Indigo Chapters

Coles

Current price: $99.99
Dynamic Asset Pricing Theory by Darrell Duffie, Hardcover | Indigo Chapters
Loading Inventory...

Dynamic Asset Pricing Theory by Darrell Duffie, Hardcover | Indigo Chapters

Indigo

Current price: $163.00
Dynamic Asset Pricing Theory by Darrell Duffie, Hardcover | Indigo Chapters
Loading Inventory...

Dynamic Asset Pricing Theory by Darrell Duffie, Hardcover | Indigo Chapters

Coles

Current price: $163.00
Finance Theory and Asset Pricing by Frank Milne, Paperback | Indigo Chapters
Loading Inventory...

Finance Theory and Asset Pricing by Frank Milne, Paperback | Indigo Chapters

Indigo

Current price: $78.95
Finance Theory and Asset Pricing by Frank Milne, Paperback | Indigo Chapters
Loading Inventory...

Finance Theory and Asset Pricing by Frank Milne, Paperback | Indigo Chapters

Coles

Current price: $78.95
Finance Theory and Asset Pricing by Frank Milne, Hardcover | Indigo Chapters
Loading Inventory...

Finance Theory and Asset Pricing by Frank Milne, Hardcover | Indigo Chapters

Indigo

Current price: $337.50
Finance Theory and Asset Pricing by Frank Milne, Hardcover | Indigo Chapters
Loading Inventory...

Finance Theory and Asset Pricing by Frank Milne, Hardcover | Indigo Chapters

Coles

Current price: $337.50
Central Banking Asset Prices and Financial Fragility by Éric Tymoigne, Paperback | Indigo Chapters
Loading Inventory...

Central Banking Asset Prices and Financial Fragility by Éric Tymoigne, Paperback | Indigo Chapters

Coles

Current price: $87.50
Central Banking Asset Prices and Financial Fragility by Éric Tymoigne, Paperback | Indigo Chapters
Loading Inventory...

Central Banking Asset Prices and Financial Fragility by Éric Tymoigne, Paperback | Indigo Chapters

Indigo

Current price: $87.50
The Liquidity Theory of Asset Prices by Gordon Pepper, Hardcover | Indigo Chapters
Loading Inventory...

The Liquidity Theory of Asset Prices by Gordon Pepper, Hardcover | Indigo Chapters

Coles

Current price: $99.00
The Liquidity Theory of Asset Prices by Gordon Pepper, Hardcover | Indigo Chapters
Loading Inventory...

The Liquidity Theory of Asset Prices by Gordon Pepper, Hardcover | Indigo Chapters

Indigo

Current price: $99.00
Asset Pricing and Portfolio Choice Theory by Kerry E. Back, Hardcover | Indigo Chapters
Loading Inventory...

Asset Pricing and Portfolio Choice Theory by Kerry E. Back, Hardcover | Indigo Chapters

Indigo

Current price: $104.50
Asset Pricing and Portfolio Choice Theory by Kerry E. Back, Hardcover | Indigo Chapters
Loading Inventory...

Asset Pricing and Portfolio Choice Theory by Kerry E. Back, Hardcover | Indigo Chapters

Coles

Current price: $104.50
Machine Learning In Asset Pricing by Stefan Nagel, Hardcover | Indigo Chapters
Loading Inventory...

Machine Learning In Asset Pricing by Stefan Nagel, Hardcover | Indigo Chapters

Indigo

Current price: $69.00
Machine Learning In Asset Pricing by Stefan Nagel, Hardcover | Indigo Chapters
Loading Inventory...

Machine Learning In Asset Pricing by Stefan Nagel, Hardcover | Indigo Chapters

Coles

Current price: $69.00
Powered by Adeptmind