Is there evidence of pessimism and doubt in subjective distributions? Implications for the equity premium puzzle
DOI10.1016/J.JEDC.2005.05.001zbMATH Open1200.91250OpenAlexW3125788924MaRDI QIDQ956541FDOQ956541
Authors: Paul Söderlind, Paolo Giordani 
Publication date: 25 November 2008
Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)
Full work available at URL: https://www.alexandria.unisg.ch/8738/1/AbelComm200504.pdf
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equity premiumaggregation of beliefsLivingston surveyriskfree ratesurvey of professional forecasters
Cites Work
Cited In (7)
- Equity premium with distorted beliefs: a puzzle
- Do Investors Suffer from Money Illusion? A Direct Test of the Modigliani–Cohn Hypothesis*
- An exploration of the effects of pessimism and doubt on asset returns.
- Measuring and adjusting for overconfidence
- Uncertainty measures from partially rounded probabilistic forecast surveys
- Biased Bayesian learning with an application to the risk-free rate puzzle
- On Abel's concept of doubt and pessimism
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