{"provider_name":"Hatena Blog","author_name":"himaginary","image_url":null,"url":"https://himaginary.hatenablog.com/entry/20240528/There_is_No_Excess_Volatility_Puzzle","published":"2024-05-28 23:49:13","width":"100%","categories":["\u7d4c\u6e08"],"blog_url":"https://himaginary.hatenablog.com/","author_url":"https://blog.hatena.ne.jp/himaginary/","provider_url":"https://hatena.blog","version":"1.0","type":"rich","height":"190","html":"<iframe src=\"https://hatenablog-parts.com/embed?url=https%3A%2F%2Fhimaginary.hatenablog.com%2Fentry%2F20240528%2FThere_is_No_Excess_Volatility_Puzzle\" title=\"\u904e\u5ea6\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306e\u30d1\u30ba\u30eb\u306f\u5b58\u5728\u3057\u306a\u3044 - himaginary\u2019s diary\" class=\"embed-card embed-blogcard\" scrolling=\"no\" frameborder=\"0\" style=\"display: block; width: 100%; height: 190px; max-width: 500px; margin: 10px 0px;\"></iframe>","title":"\u904e\u5ea6\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306e\u30d1\u30ba\u30eb\u306f\u5b58\u5728\u3057\u306a\u3044","description":"\u3068\u3044\u3046NBER\u8ad6\u6587\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3002\u539f\u984c\u306f\u300cThere is No Excess Volatility Puzzle\u300d\u3067\u3001\u8457\u8005\u306fAndrew Atkeson\uff08UCLA\uff09\u3001Jonathan Heathcote\uff08\u30df\u30cd\u30a2\u30dd\u30ea\u30b9\u9023\u9280\uff09\u3001Fabrizio Perri\uff08\u540c\uff09\u3002 \u4ee5\u4e0b\u306f\u305d\u306e\u8981\u65e8\u3002 We present two valuation models that we use to account for the annual data on price per share and dividends per share for the CRSP Value-Weighted Index from 19\u2026","blog_title":"himaginary\u2019s diary"}