Asset Pricing Theory (PhD)
Hi! This page hosts my notes on Asset Pricing Theory.
- Consumption-Based Pricing
- Using stochastic discount factor (SDF) in a 2-period settings.
- Consumption-Based Pricing Extended
- Extending to broader time horizons and more economic settings.
- Contingent Claims
- Introducing the concept of contingent claims and connections to previous pricing models.
- Macroeconomic Allocation