Title of article
Volatility and stock prices: implications from a production model of asset pricing
Author/Authors
Basu، Parantap نويسنده , , Samanta، Prodyot نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
-228
From page
229
To page
0
Abstract
The general equilibrium foundation for the inverse association between return volatility and stock price is explored using a production model of asset pricing. The return volatility obeys the well-known constant elasticity of variance (CEV) diffusion process.
Keywords
FCC auctions
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
21636
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