Stochastic Volatility in General Equilibrium
Author:
- George E. TauchenGTGeorge E. Tauchen
Preprint
- 1 January 2004
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
The connections between stock market volatility and returns are studied within the context of a general equilibrium framework. The framework rules out it a prioKeywords
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