Explaining the poor performance of consumption-based asset pricing models
By: John Y. Campbell, John H. Cochrane.
Contributors: Cochrane, John H.; National Bureau of Economic Research.
Series: NBER working paper series -- no. 7237; Working paper series (National Bureau of Economic Research) -- working paper no. 7237.
Publisher: National Bureau of Economic Research
Published: 1999
Place of publication: Cambridge, MA
Language: eng
Number of pages: 17
Subjects: Assets (Accounting) -- Prices -- Forecasting -- Mathematical models.; Capital assets pricing model.; Consumption (Economics) -- Mathematical models.
Notes: "July 1999."

JEL no. G00.

Includes bibliographical references (p. 16-17)

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Electronic version available via the Internet at the NBER World Wide Web site.

Financial support from the National Science Foundation