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Asset Prices in a Production Economy

Brock, William A. (1979) Asset Prices in a Production Economy. Social Science Working Paper, 275. California Institute of Technology , Pasadena, CA. (Unpublished) http://resolver.caltech.edu/CaltechAUTHORS:20171016-153838640

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Additional Information:Revised. Originally dated to June 1978. This research was partially supported financially by NSF Grant SOC74-19692 to the University of Chicago. Part of this paper was written while I was at the Australian National University, Summer 1977. The stimulating research environment at the Australian National University was very helpful. The paper was finished at the California Institute of Technology where I was a Fairchild Scholar. This work has been presented at the Australian Graduate School of Management, the University of Texas Business School at Austin, the University of Houston Department of Economics, the University of Wisconsin, Madison Workshop on Economic Theory, and the Graduate School of Industrial Administration, Carnegie-Mellon University. I would like to thank T. Bewley, S. Bhattacharya, R. Lucas, S. Magee, M. Magill, L. McKenzie, M. Miller, E. Prescott, J. Scheinkman, R. Kihlstrom, L. Mirman, S. Richard, and M. Rothschild for helpful comments. Most of all, I would like to thank F. R. Chang for a careful reading of this paper and for finding errors. I also thank Editor McCall and the conference participants for helpful comments. None of the above are responsible for any errors or shortcomings of this paper. This paper is half of my "An Integration of Stochastic Growth Theory and the Theory of Finance," February 9, 1978. The other half of the February 9, 1978 paper is Brock (1978). Published as Brock, William A. "Asset prices in a production economy." The Economics of Information and Uncertainty. University of Chicago Press, 1982. 1-46.
Group:Social Science Working Papers
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NSFSOC74-19692
Sherman Fairchild FoundationUNSPECIFIED
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Deposited By: Jacquelyn Bussone
Deposited On:17 Oct 2017 23:28
Last Modified:20 Nov 2017 23:39

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