Essays in Financial Economics

Essays in Financial Economics

This dissertation presents three essays. The first essay finds that the household risky ratio, the ratio of high risk assets over low risk assets directly owned by households, is a strong negative predictor of the equity premium on the US stock market. The predictability is robust to definition of...

Full description

Bibliographic Details
Main Author: Zhang, Fan
Other Authors: Campbell, John Y.
Language:en_US
Published: Harvard University 2014
Subjects:
Finance
Economics
Economic theory
ceo pay
executive compensation
feedback trading
household assets
household tilt
risky ratio
Online Access:http://dissertations.umi.com/gsas.harvard:11327
http://nrs.harvard.edu/urn-3:HUL.InstRepos:12274634

Internet

http://dissertations.umi.com/gsas.harvard:11327
http://nrs.harvard.edu/urn-3:HUL.InstRepos:12274634

Similar Items