Author: Athanasios Bolmatis
Publisher:
ISBN: 9781109951912
Category : Business cycles
Languages : en
Pages : 246
Book Description
The purpose of this dissertation is twofold. First it studies the implications of limited capital mobility due to financial frictions for business cycles and asset prices, and; second, studies the importance of information for correctly pricing portfolios of assets. The first purpose is achieved by using the model of Azariadis and Kaas (2005) as a point of departure while for the second the current literature on multifactor asset pricing is extended by considering information based factors.