We are extremely grateful to the discussants appointed by the co-editors of Journal of Financial Econometrics for their thorough and constructive comments on our paper. Lars P. Hansen has chosen to set the focus on the population analysis while Patrick Gagliardini and Diego Ronchetti have co-authored an impressive contribution mainly devoted to (statistical) comparison of estimators. Furthermore, Sydney Ludvigson, on the one hand, Raymond Kan and Cesare Robotti, on the other, have shared their discussion between the two dual issues of population analysis and inferential methods. We are also grateful to Rachidi Kotchoni for his discussion at the 2018 CIREQ Econometrics Conference on “Recent Advances in the Method of Moments” that was insightful about identification issues.

中文翻译：

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重新加入：有条件资产定价模型中的伪真SDF *

我们非常感谢《金融计量经济学杂志》（Journal of Financial Econometrics）的共同编辑所任命的讨论者对我们的论文进行了全面而建设性的评论。拉尔斯·汉森（Lars P. 此外，一方面是悉尼·路德维森（Sydney Ludvigson），另一方面是雷蒙德·坎（Raymond Kan）和塞萨尔·罗伯蒂（Cesare Robotti），他们在人口分析和推论方法这两个双重问题之间进行了讨论。我们也感谢Rachidi Kotchoni在2018年CIREQ计量经济学会议上就“识别方法的最新进展”进行的讨论。