New approach to testing Merton's intertemporal asset pricing model to enhance risk management and reduce complexity in financial markets globally

测试默顿跨期资产定价模型的新方法，以增强风险管理并降低全球金融市场的复杂性

• 批准号: DE120101452
• 负责人: A/Prof M. Shumi Akhtar
• 金额: $ 26.91万
• 依托单位: The University of Sydney
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Early Career Researcher Award
• 财政年份: 2012
• 资助国家: 澳大利亚
• 起止时间: 2012-01-05 至 2016-12-31
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DE120101452
• 关键词: New; approach; testing; Merton; intertemporal

Asset mispricing during the global meltdown caused $127 trillion losses worldwide. This novel, forefront asset pricing approach will enable vastly improved understanding of financial market risk-return trade-offs, thereby allowing more informed advice to investors, vital to Australia's aging population who rely so critically on their investments.

全球金融危机期间的资产错误定价导致全球损失 127 万亿美元。这种新颖、前沿的资产定价方法将大大提高对金融市场风险回报权衡的理解，从而为投资者提供更明智的建议，这对于严重依赖投资的澳大利亚老龄化人口至关重要。