7Shiller R.J. Do Stock Prices Move Too Much to be justified by Subsequent Changes in Dividends.'? [ J ] . American Economic Review, 1981, (71) : 421 -436.
8Leroy, S. , Porter, R. The Present- Value Relation: Test Based on Implied Variance Bounds [ J] . Eeonometrica, 1981, (3) : 555 - 574.
9Mehra, IL , and Prescott, E.C. The Equity Premium: A Puzzle [ J] . Journal of Monetary Economics, 1985, (15) : 145 - 161.
10Lueas, R.E. Asset Prices in an Exchange Economy [J] . Econ- nmetrica, 1978, (76) : 1429 - 1446.