Do survey expectations of stock returns reflect risk adjustments? / by Klaus Adam, Dmitry Matveev and Stefan Nagel.: FB3-5/2019-11E-PDF

"Motivated by the observation that survey expectations of stock returns are inconsistent with rational return expectations under real-world probabilities, we investigate whether alternative expectations hypotheses entertained in the literature on asset pricing are consistent with the survey evidence"--Abstract, page ii.

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Publication information
Department/Agency Bank of Canada.
Title Do survey expectations of stock returns reflect risk adjustments? / by Klaus Adam, Dmitry Matveev and Stefan Nagel.
Series title Bank of Canada staff working paper, 1701-9397 ; 2019-11
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "March 2019."
Includes bibliographical references (pages 27-29).
Includes abstract in French.
Publishing information Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2019.
©2019
Author / Contributor Adam, Klaus, 1971- author.
Matveev, Dmitry, author.
Nagel, Stefan, 1973- author.
Description 1 online resource (ii, 35 pages) : colour illustrations.
Catalogue number
  • FB3-5/2019-11E-PDF
Subject terms Stock markets
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