Richard Hardy's user avatar
Richard Hardy's user avatar
Richard Hardy's user avatar
Richard Hardy
  • Member for 9 years
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  • Europe
1 vote
0 answers
19 views

FMA European conference vs. EFMA annual conference

1 vote
1 answer
102 views

Price discrepancy between the same company's stock on two exchanges

1 vote
1 answer
76 views

Optimality of the free market and game-theoretic arguments

1 vote
0 answers
27 views

Testing asset pricing models with Roll's critique in mind

0 votes
0 answers
25 views

How to value of a stock that cannot be sold for a fixed time period?

5 votes
1 answer
152 views

Trying to understand the notion of required return

0 votes
0 answers
103 views

Deriving the CAPM: going from utility of consumption to utility of asset returns

4 votes
2 answers
205 views

Applied financial econometrics textbook

1 vote
1 answer
130 views

Does doing nothing produce negative net present value? How can we show that?

7 votes
2 answers
99 views

Econometrics blogs (after Econometrics Beat has been closed)

3 votes
0 answers
41 views

Covered interest rate parity: the forward contract is not risk free

1 vote
2 answers
53 views

Impact of the corporate tax rate on the cost of equity (Modigliani & Miller Proposition II)

1 vote
1 answer
61 views

Confused about the idea and purpose of stock dividends

1 vote
0 answers
20 views

Dividend policy in terms of net profit or free cash flow?

2 votes
2 answers
36 views

Effect of tax on required return on debt (and equity)

1 vote
0 answers
32 views

Does this example involving WACC make sense?

2 votes
0 answers
37 views

Cost of debt: How to adjust YTM for the possibility of bankruptcy?

2 votes
0 answers
103 views

WACC: forward looking vs. backward looking

0 votes
1 answer
77 views

Cost of debt, taxes and WACC

1 vote
1 answer
101 views

Risk-free borrowing as an assumption for CAPM

3 votes
2 answers
367 views

Does the initial bond price equal the face value?

5 votes
1 answer
153 views

Time value of money: impatience, risk, inflation... and opportunity cost?

2 votes
1 answer
301 views

Relationship between nominal and real interest rates and inflation in a term structure model

3 votes
1 answer
776 views

Modigliani & Miller with taxes: how is this equation derived?

2 votes
1 answer
349 views

Understanding Modigliani & Miller: different graphs in different textbooks

2 votes
1 answer
341 views

Realistic examples of quantity competition

5 votes
1 answer
202 views

A large spike in home ownership in the U.S. in 2020: why?

6 votes
2 answers
108 views

Is this a case of nonseparable utility (across states of nature)?

4 votes
1 answer
189 views

Nonseparable utility across states of nature: an intuitive example

11 votes
3 answers
2k views

What is the consensus (if any) on Peters "The ergodicity problem in economics" (2019)?