Blar i NHH Brage på forfatter "Zhou, Hong Cheng"
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Option implied risk aversion
Zhou, Hong Cheng (Master thesis, 2012)Risk aversion has been empirically estimated using different equilibrium models [Hansen and Singleton (1982, 1983), Mehra and Prescott (1985)]. However, the results are controversial. Jackwerth (2000) and Ait-Sahalia and ...