Excess volatility: beyond discount rates

DOI10.1093/QJE/QJX034MaRDI QIDQ4647451zbMATH OpenOpenAlexFDO

Authors Stefano Giglio, Bryan Kelly

Publication date 15 January 2019

Published in The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1093/qje/qjx034

zbMATH Keywords

discount ratesexcess volatilityoptionsstandard models of prices

Mathematics Subject Classification ID

Derivative securities (option pricing, hedging, etc.) (91G20)

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