Tagged in

Investing

Genus Specious
Genus Specious
History of Logic / Philosophy of Economics
More information
Followers
52
Elsewhere
More, on Medium

Debt and Time: Another Puzzle

Again I don’t have time to work this out properly; again I’m throwing it up for helpful comments/corrections.

Here is a very simple textbook model for asset pricing. I won’t go through the whole thing, but here is the crucial equation giving us the…