Excess Volatility and Predictability of Stock Prices in Autoregressive Dividend Models with Learning

DOI10.2307/2297792zbMath0864.90010OpenAlexW2016851953MaRDI QIDQ5689652

Allan G. Timmermann

Publication date: 7 January 1997

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297792

zbMATH Keywords

learningrational expectationsstock marketincomplete informationasymptotic convergence

Mathematics Subject Classification ID

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