Santiago, CA 00000
Central Bank of Chile
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Heterogeneous information, limits to arbitrage, information wedge
Information aggregation, Information wedge, Heterogeneous beliefs, Modigliani-Miller theorem, Bubbles
This is a CEPR Discussion Paper. CEPR charges a fee of $5.00 for this paper.
File name: DP9291.
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asset prices, information aggregation, Modigliani-Miller Theorem, skewness
Business cycle, funding constraints, information aggregation, uncertainty
Investment horizons, asymmetric information, asset prices
Comovement, property rights protection, information acquisition
This is a National Bureau of Economic Research Paper. NBER charges a fee of
$5.00 for this paper.
File name: nber.
File name: DP12045.
Affine models, risk neutral rates, term premium, spillovers
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