The Effects of Incomplete Insurance Markets and Trading Costs in a

Excerpt from The Effects of Incomplete Insurance Markets and Trading Costs in a Consumption-Based Asset Pricing Model Hansen. And Singleton (1983) and. Mehra and Prescott among others, identified the asset pricing puzzles in empirical investigations of the Lucas (1976) About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.