Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
1. Introduction Stock markets incorporate investors’ forward-looking expectations. According to the classic Intertemporal Capital Asset Pricing Model (ICAPM), asset prices are fundamentally determined by solving the representative agent’s intertemporal consumption–investment problem (Merton 1973). However, the extent of the forward-looking behavior displayed by the representative agent and its consequent impact on asset prices remain empirical questions.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
