We are concerned with the numerical solution of the eigenvalue problem Tφ = λφ, φ ≠ 0, where T is a linear operator in a Banach space. T may represent a bounded integral operator or a closed ...

We study in detail the log-linear return approximation introduced by Campbell and Shiller (1988a). First, we derive an upper bound for the mean approximation error, given stationarity of the log ...