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Nonexponential Discounting: A Direct Test and Perhaps a New Puzzle
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Nonexponential Discounting: A Direct Test and Perhaps a New Puzzle (2008)Nonexponential Discounting: A Direct Test…Equilibrium Yield Curves (2006)Equilibrium Yield CurvesConsumption Risk and the Cross-Section of Expected Returns (2005)Consumption Risk and the Cros…Estimating the Elasticity of Intertemporal Substitution When Instruments Are Weak (2004)Estimating the Elasticity of …Subjective Discounting in an Exchange Economy (2003)Subjective Discounting in an …“Economics and Psychology”? The Case of Hyperbolic Discounting* (2003)“Economics and Psychology”? T…Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Risks for the Long Run: A Pot…Testing term structure estimation methods (1996)Testing term structure estima…The real term structure and consumption growth (1988)The real term structure and c…The equity premium: A puzzle (1985)Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)Blunt Instruments: Avoiding Common Pitfalls in Identifying the Causes of Economic Growth (2013)MEASURING INTERTEMPORAL SUBSTITUTION: THE IMPORTANCE OF METHOD CHOICES AND SELECTIVE REPORTING (2015)Demographics and real interest rates: Inspecting the mechanism (2016)A Theory of the Term Structure of Interest Rates (1985)By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)Financial Markets and the Real Economy (2005)A Long-Run Risks Explanation of Predictability Puzzles in Bond and Currency Markets (2012)Good and bad uncertainty: Macroeconomic and financial market implications (2015)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)Myopia and Inconsistency in Dynamic Utility Maximization (1955)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Golden Eggs and Hyperbolic Discounting (1997)Resource Slack and Propensity to Discount Delayed Investments of Time Versus Money. (2005)Commitment Devices (2010)Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy (2010)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)A Consumption-Based Explanation of Expected Stock Returns (2005)Linearity-Generating Processes: A Modelling Tool Yielding Closed Forms for Asset Prices (2007)Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-Finance (2008)An Intertemporal Capital Asset Pricing Model (1973)Asset Prices in an Exchange Economy (1978)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)A No-Arbitrage Vector Autoregression of Term Structure Dynamics with Macroeconomic and Latent Variables (1999)A multivariate model of strategic asset allocation (2002)Time-varying short-horizon predictability☆ (2010)When Can Life Cycle Investors Benefit from Time-Varying Bond Risk Premia? (2009)Determinants of Euro Term Structure of Credit Spreads (2010)Price dispersion in OTC markets: A new measure of liquidity (2010)Investment Under Uncertainty and Time-Inconsistent Preferences (2005)Horizon-Dependent Risk Aversion and the Timing and Pricing of Uncertainty (2014)Horizon-Dependent Risk Aversion and the Timing and Pricing of Uncertainty (2024)
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References

  • 2000Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles4,249 cited
  • 1988The real term structure and consumption growth703 cited
  • 2003“Economics and Psychology”? The Case of Hyperbolic Discounting*506 cited
  • 2004Estimating the Elasticity of Intertemporal Substitution When Instruments Are Weak413 cited
  • 2006Equilibrium Yield Curves306 cited
  • 1996Testing term structure estimation methods203 cited
  • 2003Subjective Discounting in an Exchange Economy131 cited
  • 2005Consumption Risk and the Cross-Section of Expected Returns103 cited

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