|
EconStor >
Cardiff University >
Cardiff Business School, Cardiff University >
Cardiff Economics Working Papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/65836
|
| | |
| Title: | | Can behavioral finance models account for historical asset prices?  |
| Authors: | | ap Gwilym, Rhys |
| Issue Date: | | 2009 |
| Series/Report no.: | | Cardiff Economics Working Papers E2009/17 |
| Abstract: | | I construct a behavioral model of asset pricing in which agents choose whether to base their expectations on chartist or fundamental forecasts. I simulate the model in order to test its efficacy in explaining the moments and time series properties of the FTSE All-Share index, and find that the model cannot be rejected as the data generating process. |
| Subjects: | | Behavioral finance Asset pricing |
| JEL: | | G12 D03 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Cardiff Economics Working Papers
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/65836
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|