Empirical Asset Pricing and Statistical Power in the Presence of Weak Risk Factors
NBER Working Paper No. 13357
---- Acknowledgements -----
I am grateful to the National Science Foundation for financial support (SES-0516697). I thank John Cochrane, Martin Eichenbaum, Bjorn Eraker, Ron Gallant, Lars Hansen, Ravi Jagannathan, Sergio Rebelo, Barbara Rossi, George Tauchen, Mark Watson and Motohiro Yogo, for useful conversations, and seminar participants at Duke, Wharton, and the Board of Governors of the Federal Reserve System for comments. The usual disclaimer applies. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.