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Inequality, stock market participation, and the equity premium
16 references·5 citing·48 second hop
Inequality, stock market participation, and the equity premium (2012)Inequality, stock market participation, a…The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis * (2009)The Consequences of Mortgage …The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Financial Literacy and Stock Market Participation (2007)Financial Literacy and Stock …Entrepreneurship, Frictions, and Wealth (2006)Entrepreneurship, Frictions, …The Equity Premium (2002)The Equity PremiumTechnical Change, Inequality, and the Labor Market (2002)Technical Change, Inequality,…Limited Asset Market Participation and the Elasticity of Intertemporal Substitution (2002)Limited Asset Market Particip…Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data (2002)Do Liquidity Constraints and …Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Risks for the Long Run: A Pot…Capital-skill Complementarity and Inequality: A Macroeconomic Analysis (2000)Capital-skill Complementarity…Income and Wealth Heterogeneity in the Macroeconomy (1998)Income and Wealth Heterogenei…Asset Pricing with Heterogeneous Consumers (1996)Asset Pricing with Heterogene…Uninsured Idiosyncratic Risk and Aggregate Saving (1994)Uninsured Idiosyncratic Risk …Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence (1989)Consumption, Income, and Inte…The equity premium: A puzzle (1985)The equity premium: A puzzleTime to Build and Aggregate Fluctuations (1982)Time to Build and Aggregate F…Does Finance Benefit Society? A Language Embedding Approach (2025)Does Finance Benefit Society?…Why do individuals not participate in the stock market? (2022)Why do individuals not partic…The Redistributive Effects of Bank Capital Regulation (2018)The Redistributive Effects of…Investor sophistication and capital income inequality (2018)Investor sophistication and c…On the Evolution of the US Consumer Wealth Distribution (2011)On the Evolution of the US Co…Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Theory ahead of business-cycle measurement (1986)Precautionary Saving in the Small and in the Large (1989)Interpreting the Evidence on Life Cycle Skill Formation (2005)Emerging Market Business Cycles: The Cycle Is the Trend (2007)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Presidential Address: Discount Rates (2011)Value and Momentum Everywhere (2013)… and the Cross-Section of Expected Returns (2015)Survey of current business (1921)Changes in Relative Wages, 1963-1987: Supply and Demand Factors (1992)Wage Inequality and the Rise in Returns to Skill (1993)Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality (1998)Changes in the Wage Structure and Earnings Inequality (1999)Technical Change, Inequality, and the Labor Market (2002)Aggregate Dynamics and Staggered Contracts (1980)Macroeconomics and Reality (1980)Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Production, growth and business cycles (1988)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)Investment, Capacity Utilization and the Real Business Cycle (1986)Occupational Choice and the Process of Development (1993)The Value Premium (2005)Transition Modeling and Econometric Convergence Tests (2007)Household Balance Sheets, Consumption, and the Economic Slump* (2013)An Intertemporal Capital Asset Pricing Model (1973)Asset Prices in an Exchange Economy (1978)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)Econometric policy evaluation: A critique (1976)An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks (2010)Trusting the Stock Market (2005)Household Finance (2006)Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth (2007)Financial literacy around the world: an overview (2011)Financial Literacy, Financial Education, and Downstream Financial Behaviors (2014)The Economic Importance of Financial Literacy: Theory and Evidence (2014)Credit Rationing in Markets with Imperfect Information (1981)House Prices, Home Equity–Based Borrowing, and the US Household Leverage Crisis (2011)Liquidity risk management and credit supply in the financial crisis (2011)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)
this work references cited by second hop

References

  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1982Time to Build and Aggregate Fluctuations5,933 cited
  • 1985The equity premium: A puzzle5,785 cited
  • 2000Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles4,249 cited
  • 2007Financial Literacy and Stock Market Participation3,545 cited
  • 1994Uninsured Idiosyncratic Risk and Aggregate Saving2,799 cited
  • 1998Income and Wealth Heterogeneity in the Macroeconomy2,299 cited
  • 2000Capital-skill Complementarity and Inequality: A Macroeconomic Analysis2,103 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 1989Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence1,820 cited
  • 2002Technical Change, Inequality, and the Labor Market1,765 cited
  • 2002The Equity Premium1,331 cited
  • 1996Asset Pricing with Heterogeneous Consumers1,197 cited
  • 2006Entrepreneurship, Frictions, and Wealth1,029 cited
  • 2002Limited Asset Market Participation and the Elasticity of Intertemporal Substitution1,011 cited

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2002
Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data
865 cited

Cited by

  • 2018Investor sophistication and capital income inequality81 cited
  • 2018The Redistributive Effects of Bank Capital Regulation31 cited
  • 2025Does Finance Benefit Society? A Language Embedding Approach31 cited
  • 2011On the Evolution of the US Consumer Wealth Distribution21 cited
  • 2022Why do individuals not participate in the stock market?20 cited