My essays deal with macro factors and the cross sectional asset prices. It consists of 4 essays. My first essay consider asset pricing in a monetary economy where liquid assets are held to lower transaction costs. The ensuing model extends the CAPM and the Consumption CAPM by deriving real money growth as an additional factor determining returns and they compare favorably to other theoretical asset pricing models. The paper further introduces a technique that facilitates derivation of dynamic asset pricing results in discrete time by generalizing Stein\u27s Lemma to multivariate cases. My second essay considers asset pricing from the production side. Relying on a general version of the traditional Real Business Cycle macro model we fi...
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
<p>In the first essay, I examine the role of personal and corporate income taxation on asset prices ...
This thesis contains three essays. Each essay discusses an aspect of the relationship between the st...
This thesis consists of three essays on empirical asset pricing around three themes: evaluating line...
This dissertation consists of three self-contained chapters at the intersection of theoretical and e...
University of Minnesota Ph.D. dissertation. May 2016. Major: Business Administration. Advisors: Jian...
My dissertation consists of three chapters which examine topics at the intersection of financial mar...
This thesis has three essays studying different topics in macroeconomics and asset pricing. My first...
My dissertation consists of three chapters which examine topics at the intersection of financial mar...
The dissertation consists of three essays in asset pricing. Chapter I is motivated by the recent sur...
This thesis studies the relationships between asset prices and economic conditions, with a particula...
This thesis collects three papers studying topics related to financial frictions and macroeconomics....
This thesis collects three papers studying topics related to financial frictions and macroeconomics....
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
<p>In the first essay, I examine the role of personal and corporate income taxation on asset prices ...
This thesis contains three essays. Each essay discusses an aspect of the relationship between the st...
This thesis consists of three essays on empirical asset pricing around three themes: evaluating line...
This dissertation consists of three self-contained chapters at the intersection of theoretical and e...
University of Minnesota Ph.D. dissertation. May 2016. Major: Business Administration. Advisors: Jian...
My dissertation consists of three chapters which examine topics at the intersection of financial mar...
This thesis has three essays studying different topics in macroeconomics and asset pricing. My first...
My dissertation consists of three chapters which examine topics at the intersection of financial mar...
The dissertation consists of three essays in asset pricing. Chapter I is motivated by the recent sur...
This thesis studies the relationships between asset prices and economic conditions, with a particula...
This thesis collects three papers studying topics related to financial frictions and macroeconomics....
This thesis collects three papers studying topics related to financial frictions and macroeconomics....
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a ...
<p>In the first essay, I examine the role of personal and corporate income taxation on asset prices ...