Technological growth and asset pricing books

Technological growth and asset pricing garleanu 2012. We build a tractable generalequilibrium model within which we characterize the behavior of asset prices throughout the technologyadoption cycle. Dimitris papanikolaou faculty kellogg school of management. Asset management software market technological growth and. The paper by carlson, fisher, and giammarino 2004 is the most closely related to ours. Technological growth and asset pricing 1267 predictability from the leading consumptionbased approaches, whichas we showface challenges in explaining these facts. Technological growth and asset pricing by nicolae garleanu. Marketing and management scholars will find this new book an insightful read, as well as those generally interested in the worldwide phenomenon of private. And it includes new books, such as walter isaacsons tome on steve jobs, that are likely to be the new classics. Abstract in this paper we study the implications of generalpurpose technological growth for asset prices. In this paper we study the implications of generalpurpose technological growth for asset prices. Garleanu is with haas school of business, uc berkeley. Pricing strategy is a key variable in financial modeling, which determines the revenues achieved, the profits earned, and the amounts reinvested in the firms growth for its longterm survival. Panageas is with university of chicago booth school of business.

Share nov 07, 2019 market insight reports via comtex. The impact of technological waves on asset prices is the focus of this paper. Pdf technological growth and asset pricing jianfeng yu. Create a new profile or update your information in the northwestern directory to receive the latest kellogg news, publications, event invitations and alumni benefit updates. Asset pricing program, economic fluctuations and growth program in this paper we study the implications of generalpurpose technological growth for asset prices. Technological growth, asset pricing, and consumption risk.