I wish to thank Neil Rankin and Frank Smets for useful discussions and Sandrine Corvoisier for excellent research assistance. I also thank an anonymous referee and seminar participants at the EEA 2003 Meetings and at IGIER for useful comments and suggestions. The opinions expressed are personal and should not be attributed to the European Central Bank.
Model Misspecification, the Equilibrium Natural Interest Rate, and the Equity Premium
Article first published online: 15 SEP 2009
© 2009 The Ohio State University
Journal of Money, Credit and Banking
Volume 41, Issue 7, pages 1453–1479, October 2009
How to Cite
TRISTANI, O. (2009), Model Misspecification, the Equilibrium Natural Interest Rate, and the Equity Premium. Journal of Money, Credit and Banking, 41: 1453–1479. doi: 10.1111/j.1538-4616.2009.00263.x
- Issue published online: 15 SEP 2009
- Article first published online: 15 SEP 2009
- Received January 10, 2005; and accepted in revised form June 2, 2009.
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