Showing results 1 - 4 of 4
June 2020, Paper: "Using historical data on post-war financial crises around the world, we show that crises are substantially predictable. The combination of rapid credit and…
Extrapolation and Bubbles. Robin Greenwood, Andrei Shleifer, September 2015, Paper, "We present an extrapolative model of bubbles. In the model, many investors form their…
X-CAPM: An Extrapolative Capital Asset Pricing Model. Robin Greenwood, Andrei Shleifer, March 26, 2014, Paper. "Survey evidence suggests that many investors form beliefs about…
Expectations of Returns and Expected Returns. Robin Greenwood, Andrei Shleifer, January 11, 2014, Paper. "We analyze time series of investor expectations of future stock market…