Book of Donmon Teith

This dissertation consists of two essays on production-based asset pricing. The first essay studies the asset pricing implications of investment and disinvestme

Chapter 3 examines general restrictions on production technologies implied by asset prices. It shows that representative firm models which are consistent with a

Christian Funke aims at developing a better understanding of a central asset pricing issue: the stock price discovery process in capital markets. Using U.S. cap

My dissertation investigates the driving forces behind the time-series movements and the cross-sectional variation of asset prices and stock returns. It contain