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The Equity Premium: It's Still a Puzzle
16 references·16 citing·34 second hopsampled
The Equity Premium: It's Still a Puzzle (2016)The Equity Premium: It's Still a PuzzleBy Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)By Force of Habit: A Consumpt…Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis (1991)Substitution, Risk Aversion, …The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…Asset Prices under Habit Formation and Catching up with the Joneses (1990)Asset Prices under Habit Form…Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Substitution, Risk Aversion, …Precautionary Saving in the Small and in the Large (1989)Precautionary Saving in the S…Consumption and Liquidity Constraints: An Empirical Investigation (1989)Consumption and Liquidity Con…A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)A New Approach to the Economi…The equity risk premium a solution (1988)The equity risk premium a sol…The equity premium: A puzzle (1985)The equity premium: A puzzleAn intertemporal asset pricing model with stochastic consumption and investment opportunities (1979)An intertemporal asset pricin…Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Stochastic Implications of th…Prices of State-Contingent Claims Implicit in Option Prices (1978)Prices of State-Contingent Cl…Asset Prices in an Exchange Economy (1978)Asset Prices in an Exchange E…The Valuation of Uncertain Income Streams and the Pricing of Options (1976)The Valuation of Uncertain In…Income, Saving and the Theory of Consumer Behavior. (1950)Income, Saving and the Theory…The Pricing Kernel Puzzle: Survey and Outlook (2016)The Pricing Kernel Puzzle: Su…Parameter Learning in General Equilibrium: The Asset Pricing Implications (2012)Parameter Learning in General…Doing Our Best: Optimization and the Management of Risk (2012)Doing Our Best: Optimization …Discount rates, social judgments, individuals’ risk preferences, and uncertainty (2011)Discount rates, social judgme…Factor Models in Portfolio and Asset Pricing Theory (2009)Factor Models in Portfolio an…Stock market expectations and portfolio choice of American households (2008)Stock market expectations and…Is forward-looking inflation targeting destabilizing? The role of policy's response to current output under endogenous investment (2008)Is forward-looking inflation …Wycena papierów wartościowych na rynku kapitałowym w świetle finansów behawioralnych (2007)Wycena papierów wartościowych…The consumption-based determinants of the term structure of discount rates (2007)The consumption-based determi…The Equity Premium: Consistent with GDP Growth and Portfolio Insurance (2006)The Equity Premium: Consisten…What Drives the Property Price-Trading Volume Correlation? Evidence from a Commercial Real Estate Market (2005)What Drives the Property Pric…The Value of a Statistical Life and the Coefficient of Relative Risk Aversion (2005)The Value of a Statistical Li…Determinants of stock market volatility and risk premia (2005)Determinants of stock market …On user costs of risky monetary assets (2004)On user costs of risky moneta…Portfolio choice with endogenous utility: a large deviations approach (2003)Portfolio choice with endogen…Taxes, Regulations, and Asset Prices (2001)Taxes, Regulations, and Asset…The Dual Theory of Choice under Risk (1987)Dynamic Asset Pricing Theory. (1993)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Investor Psychology and Asset Pricing (2001)Theory of Value (1959)Implied Binomial Trees (1994)Implied Volatility Functions: Empirical Tests (1998)Resurrecting the (C)CAPM: A Cross‐Sectional Test When Risk Premia Are Time‐Varying (2001)Theory of rational option pricing (2005)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Trends and random walks in macroeconmic time series (1982)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)ARCH modeling in finance (1992)Introductory Econometrics for Finance (2008)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)A Theory of the Term Structure of Interest Rates (1985)Efficient Capital Markets: II (1991)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Common risk factors in the returns on stocks and bonds (1993)Rational Expectations and the Theory of Price Movements (1961)Aspects of the Theory of Risk-Bearing. (1966)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Economic Forces and the Stock Market (1986)An Intertemporal Capital Asset Pricing Model (1973)Time to Build and Aggregate Fluctuations (1982)Noise Trader Risk in Financial Markets (1990)Satisfaction and comparison income (1996)The analysis of household surveys (1997)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)Testing for a Unit Root in Time Series Regression (1988)Prospect Theory and Asset Prices (2001)Investor Psychology and Security Market Under‐ and Overreactions (1998)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1989A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle9,681 cited
  • 1985The equity premium: A puzzle5,785 cited
  • 1999By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior5,088 cited
  • 1978Asset Prices in an Exchange Economy5,057 cited
  • 1989Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework4,270 cited
  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 1979An intertemporal asset pricing model with stochastic consumption and investment opportunities2,694 cited
  • 1978Prices of State-Contingent Claims Implicit in Option Prices2,209 cited
  • 1950Income, Saving and the Theory of Consumer Behavior.2,197 cited
  • 1990Asset Prices under Habit Formation and Catching up with the Joneses2,021 cited
  • 1989Consumption and Liquidity Constraints: An Empirical Investigation1,933 cited
  • 1991Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis1,703 cited
  • 1976The Valuation of Uncertain Income Streams and the Pricing of Options1,620 cited
  • 1989Precautionary Saving in the Small and in the Large1,498 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1988The equity risk premium a solution1,397 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • Cited by

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    • 2012Parameter Learning in General Equilibrium: The Asset Pricing Implications86 cited
    • 2001Taxes, Regulations, and Asset Prices71 cited
    • 2007The consumption-based determinants of the term structure of discount rates66 cited
    • 2005What Drives the Property Price-Trading Volume Correlation? Evidence from a Commercial Real Estate Market65 cited
    • 2016The Pricing Kernel Puzzle: Survey and Outlook62 cited
    • 2011Discount rates, social judgments, individuals’ risk preferences, and uncertainty61 cited
    • 2005Determinants of stock market volatility and risk premia57 cited
    • 2004On user costs of risky monetary assets45 cited
    • 2008Stock market expectations and portfolio choice of American households45 cited
    • 2012Doing Our Best: Optimization and the Management of Risk43 cited
    • 2007Wycena papierów wartościowych na rynku kapitałowym w świetle finansów behawioralnych42 cited
    • 2009Factor Models in Portfolio and Asset Pricing Theory36 cited
    • 2006The Equity Premium: Consistent with GDP Growth and Portfolio Insurance33 cited
    • 2008Is forward-looking inflation targeting destabilizing? The role of policy's response to current output under endogenous investment28 cited