Construct · 1 fields · 1 citations

Fed model: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
Fed model1 CONSTRUCTFed modelASNESS · ASSET PRICING

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Asset pricing

a market valuation rule comparing the stock market earnings yield with the long-term government bond yield, tested as a guide to expected returns.

In asset pricing, Fed model refers to a market valuation rule comparing the stock market earnings yield with the long-term government bond yield, tested as a guide to expected returns. This meaning comes from Asness (2003) in Fight the Fed Model: The Relationship between Stock Market Yields, Bond Market Yields, and Future Returns.[1]

Unit
Recovery means
Measured by

Next

Run it through the Collider, or take the citations with you.

See how Fed model sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in ColliderExport BibTeXReport this entry

Nearby constructs

asset2 fields · 2 citationsjingle · one word, two constructsbond2 fields · 2 citationsjingle · one word, two constructsfuture3 fields · 6 citationsjingle · one word, three constructs

References

  1. Asness, C. S. (2003). Fight the Fed Model: The Relationship between Stock Market Yields, Bond Market Yields, and Future Returns. Elsevier BV. https://doi.org/10.2139/ssrn.381480

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct