Book of Donmon Teith

In my dissertation, I focus on theoretical asset pricing models and the development of Bayesian econometric methods to estimate them, particularly in the area o

This dissertation consists of four essays in macro-finance, focusing on the cause and effect of asset prices, inequality, and welfare. In particular, these essa

This dissertation consists of three parts. The first documents that more innovative firms earn higher risk-adjusted equity returns and proposes a model to expla