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By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior We present a consumption-based model that explains the procyclical ...

Find in a Library: Stock market cycles : a practical explanation
English Book • By: Steven E Bolten • Publisher: Westport, Conn. : Quorum Books, 2000. • ISBN: 1567203205 ... Document Type: Book • Subjects: Stock exchanges • Contents: Introduction -- Causal valuation ...

Dynamical Explanation for the Emergence of Power Law in a Stock...
Dynamical Explanation for the Emergence of Power Law in a Stock Market Model Dynamical Explanation for the Emergence of Power Law in a Stock Market Model Power laws are found in a wide range of different systems: from sand piles to word ...

 

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