phymath999
Sunday, November 9, 2014
stochastic discount factor (SDF) ineffi ciency of Brownian motions and heavier tailed
[PDF]
On the ineffi ciency of Brownian motions and heavier tailed ...
https://editorialexpress.com/cgi-bin/conference/download.cgi?db...
Cached
of the
Theory
of
Relativity
. In general, when facing such a ... Indeed, if zπ is the
stochastic discount factor
(
SDF
) of the pricing model, and. Log (zπ) is unbounded
, ...
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