Martin Lettau

Kruttschnitt Chair of Financial Institutions

Haas School of Business, UC Berkeley


New paper: "Estimating Latent Asset-Pricing Factors," with Markus Pelger

Transitory Component of Wealth

(Lettau and Ludvigson, "Understanding Trend and Cycle in Asset Values," American Economic Review 2004, pdf)

Contact Information:

Haas School of Business

545 Student Services Bldg., #1900

Berkeley, CA 94720-1900

lettau at

Phone: (510) 643-6349, Fax: (510) 643-1420