| dc.contributor | 金融系 | |
| dc.creator (作者) | Huo, Teh-Ming | |
| dc.creator (作者) | 霍德明 | zh_TW |
| dc.date (日期) | 1996 | |
| dc.date.accessioned | 19-Oct-2015 11:52:53 (UTC+8) | - |
| dc.date.available | 19-Oct-2015 11:52:53 (UTC+8) | - |
| dc.date.issued (上傳時間) | 19-Oct-2015 11:52:53 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/78990 | - |
| dc.description.abstract (摘要) | Three issues are studied in this paper: the existence of sunspot equilibria; the excessive volatility of asset prices; and the possibility that assets may be undervalued relative to their market fundamentals. We show that (i) stationary sunspot equilibria exist in a very general environment; (ii) asset prices may fluctuate despite a constant stream of dividends; and (iii) assets may be undervalued. JEL: 021, 023, 131. | |
| dc.format.extent | 577675 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | International Review of Economics and Finance, 5(4), 363-376 | |
| dc.title (題名) | Monetary Confidence and Asset Prices | |
| dc.type (資料類型) | article | en |
