Muhammed Yönaç

City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance

17 Lexington Avenue

New York, NY 10010

United States

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Moody and Dissatisfied: A Possible Resolution of Asset Pricing Puzzles

Baruch College Zicklin School of Business Research Paper No. 2019-05-04
Number of pages: 39 Posted: 14 May 2019 Last Revised: 09 Dec 2019
Muhammed Yönaç
City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance
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Abstract:

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asset pricing, macro-finance, Lucas model, state-dependent utility, habit formation, equity premium puzzle, risk-free rate puzzle, term structure of equity