DukeSpace will be down for maintenance at 9:15 AM EDT on Tuesday, July 29. Expected downtime is 20 minutes or less.

Show simple item record

dc.contributor.advisor Bansal, Ravi en_US
dc.contributor.author Kung, Howard Pan en_US
dc.date.accessioned 2012-05-25T20:15:42Z
dc.date.available 2012-05-25T20:15:42Z
dc.date.issued 2012 en_US
dc.identifier.uri http://hdl.handle.net/10161/5503
dc.description Dissertation en_US
dc.description.abstract <p>In my dissertation, I study the link between economic growth and asset prices in stochastic endogenous growth models. In these settings, long-term growth prospects are endogenously determined by innovation and R\&D. In equilibrium, R\&D endogenously drives a small, persistent component in productivity which generates long-run uncertainty about economic growth. With recursive preferences, this growth propagation mechanism helps reconcile a broad spectrum of equity and bond market facts jointly with macroeconomic fluctuations.</p> en_US
dc.subject Finance en_US
dc.subject Economics en_US
dc.subject Asset Pricing en_US
dc.subject Endogenous Growth en_US
dc.subject Recursive Preferences en_US
dc.title Essays in Financial Economics en_US
dc.type Dissertation en_US
dc.department Business Administration en_US

Files in this item

This item appears in the following Collection(s)

Show simple item record