Long-run versus short-run news and the term structure of equity
Sign Up to like & getrecommendations! Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2019.101336
Abstract: Abstract We study the impact of rational learning on the term structures of equity risk premia and bond yields when the quality of available information about short-run and long-run news is asymmetric. Under full information,… read more here.
Keywords: equity; term; short run; run news ... See more keywords