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Original Articles

Another look at the rationality of the stock market

Pages 87-89 | Published online: 06 Oct 2010

References

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  • Lucas , R. E. Jr. 1978 . Asset prices in an exchange economy . Econometrica , 46 : 1429 – 1445 .
  • Marsh , T. R. and Merton , R. C. 1986 . Dividend variability and variance bounds tests for the rationality of stock prices . American Economic Review , 76 : 483 – 498 .
  • Sargent , T. J. 1987 . Dynamic Macroeconomic Theory , Cambridge, MA : Harvard University Press .
  • Shiller , R. J. 1989 . Market Volatility , Cambridge, MA : MIT Press .

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