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st: Hansen-Jagannathan distance


From   Julio Alejandro Sarmiento Sabogal <[email protected]>
To   "[email protected]" <[email protected]>
Subject   st: Hansen-Jagannathan distance
Date   Wed, 12 Jun 2013 15:39:36 +0000

Dear Statalisters,


I would like to know if anybody has developed an .ado file with Hansen-Jagannathan distance (Hansen-Jagannathan 1997). I'm struggling trying to apply this method to test asset pricing models but my background doesn't allow me to develop this model by myself.


Thanks in advance,


Julio Sarmiento


HANSEN, L. P. & JAGANNATHAN, R. 1997. Assessing specification errors in stochastic discount factor models. The Journal of Finance, 52, 557-590.
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