Estimation of consumption-capital asset pricing model (C-CAPM) with two clusters of consumption expenditures

Keyphrases

• Consumption-based Capital Asset Pricing Model (CCAPM) 100%
• Consumption Expenditure 100%
• Preference Parameters 50%
• Time Preference 50%
• Reasonable Value 50%
• Endogenous Consumption 50%
• Risk Aversion 50%

Economics, Econometrics and Finance

• CAPM 100%