Add to ORKGWe survey the recent literature on learning in financial markets. Our main theme is that many financial market phenomena that appear puzzling at first sight are easier to understand once we recognize that parameters in financial models are uncertain and subject to learning. We discuss phenomena related to the volatility and predictability of asset returns, stock price bubbles, portfolio choice, mutual fund flows, trading volume, and firm profitability, among others.Bayesian; bubble; predictability; uncertainty; volatility
We use learning in an equilibrium model to explain the puzzling predictive power of the volatility r...
This chapter studies financial bubbles by incorporating a learning effect into the coordination game...
This paper presents a simulative model of a financial market, based on a fully operating order book ...
Two of the most discussed anomalies in the financial literature are the predictability of excess ret...
Introducing learning into a standard consumption based asset pricing model with constant discount fa...
I study the role of learning in asset pricing and corporate finance applications. Firstly, I develop...
Abstract:- A critical issue in financial markets ’ research is the debate between the academic ortho...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This dissertation studies the effect of parameter uncertainty on the return predictability and volat...
Increasingly, it has become difficult to explain economic phenomena within the neo-classical framewo...
We use learning in an equilibrium model to explain the puzzling predictive power of the volatility r...
This thesis is structured around three main chapters which study investors' belief dispersion and le...
We use learning in an equilibrium model to explain the puzzling predictive power of the volatility r...
This chapter studies financial bubbles by incorporating a learning effect into the coordination game...
This paper presents a simulative model of a financial market, based on a fully operating order book ...
Two of the most discussed anomalies in the financial literature are the predictability of excess ret...
Introducing learning into a standard consumption based asset pricing model with constant discount fa...
I study the role of learning in asset pricing and corporate finance applications. Firstly, I develop...
Abstract:- A critical issue in financial markets ’ research is the debate between the academic ortho...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles ...
This dissertation studies the effect of parameter uncertainty on the return predictability and volat...
Increasingly, it has become difficult to explain economic phenomena within the neo-classical framewo...
We use learning in an equilibrium model to explain the puzzling predictive power of the volatility r...
This thesis is structured around three main chapters which study investors' belief dispersion and le...
We use learning in an equilibrium model to explain the puzzling predictive power of the volatility r...
This chapter studies financial bubbles by incorporating a learning effect into the coordination game...
This paper presents a simulative model of a financial market, based on a fully operating order book ...