How Long to Read External Habit Formation and Asset Prices

How Long Does it Take to Read External Habit Formation and Asset Prices?

It takes the average reader and 16 minutes to read External Habit Formation and Asset Prices by Julian Veil

Assuming a reading speed of 250 words per minute. Learn more

Description

Seminar paper from the year 2021 in the subject Business economics - Investment and Finance, grade: 1,0, University of Frankfurt (Main) (Finanzen), language: English, abstract: This paper aims to explain the countercyclical behavior of the equity risk premium and the stock return volatility by introducing an external habit formation feature in the standard representative-agent consumption-based asset pricing model, in form of the so called “catching up with the Joneses” preferences. These preferences imply that the relative risk aversion of the agents in the economy is constant over time and...

How long is External Habit Formation and Asset Prices?

External Habit Formation and Asset Prices by Julian Veil is 16 pages long, and a total of 4,096 words.

This makes it 5% the length of the average book. It also has 5% more words than the average book.

How Long Does it Take to Read External Habit Formation and Asset Prices Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 22 minutes to read External Habit Formation and Asset Prices aloud.

What Reading Level is External Habit Formation and Asset Prices?

External Habit Formation and Asset Prices is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy External Habit Formation and Asset Prices?

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