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A Parsimonious Macroeconomic Model for Asset Pricing
16 references·16 citing·45 second hopsampled
A Parsimonious Macroeconomic Model for Asset Pricing (2009)A Parsimonious Macroeconomic Model for As…Reconciling conflicting evidence on the elasticity of intertemporal substitution: A macroeconomic perspective (2006)Reconciling conflicting evide…Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Nominal Rigidities and the Dy…Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices (2002)Catching Up with the Joneses:…Habit Persistence, Asset Returns, and the Business Cycle (2001)Habit Persistence, Asset Retu…Stock Market Wealth and Consumption (2000)Stock Market Wealth and Consu…Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Risks for the Long Run: A Pot…By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)By Force of Habit: A Consumpt…Asset pricing in production economies (1998)Asset pricing in production e…An Equilibrium Model with Restricted Stock Market Participation (1998)An Equilibrium Model with Res…Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study (1997)Preference Parameters and Beh…Consumer demand and the life-cycle allocation of household expenditures (1993)Consumer demand and the life-…The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…Why Does Stock Market Volatility Change Over Time? (1989)Why Does Stock Market Volatil…Stock Prices, Earnings, and Expected Dividends (1988)Stock Prices, Earnings, and E…Investment, Capacity Utilization and the Real Business Cycle (1986)Investment, Capacity Utilizat…The equity premium: A puzzle (1985)The equity premium: A puzzleWho Wears the Pants? Gender Identity Norms and Intrahousehold Financial Decision‐Making (2021)Who Wears the Pants? Gender I…Rich Pickings? Risk, Return, and Skill in Household Wealth (2020)Rich Pickings? 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References

  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 1985The equity premium: A puzzle5,785 cited
  • 1999By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior5,088 cited
  • 2000Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles4,249 cited
  • 1989Why Does Stock Market Volatility Change Over Time?3,433 cited
  • 1988Stock Prices, Earnings, and Expected Dividends2,457 cited
  • 1997Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study2,399 cited
  • 1986Investment, Capacity Utilization and the Real Business Cycle2,127 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • 1998Asset pricing in production economies1,083 cited
  • 2001Habit Persistence, Asset Returns, and the Business Cycle1,049 cited
  • 2000Stock Market Wealth and Consumption702 cited
  • 1998An Equilibrium Model with Restricted Stock Market Participation591 cited
  • 2006Reconciling conflicting evidence on the elasticity of intertemporal substitution: A macroeconomic perspective457 cited
  • 1993Consumer demand and the life-cycle allocation of household expenditures

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455 cited
  • 2002Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices437 cited
  • Cited by

    • 2020Rich Pickings? Risk, Return, and Skill in Household Wealth289 cited
    • 2009Quantitative Macroeconomics with Heterogeneous Households270 cited
    • 2014Young, Old, Conservative, and Bold: The Implications of Heterogeneity and Finite Lives for Asset Pricing264 cited
    • 2007Asymmetric stock market volatility and the cyclical behavior of expected returns220 cited
    • 2013Asset Prices with Heterogeneity in Preferences and Beliefs213 cited
    • 2014Financial Crises and Risk Premia196 cited
    • 2007Explaining Asset Prices with External Habits and Wage Rigidities in a DSGE Model172 cited
    • 2012Inequality, stock market participation, and the equity premium156 cited
    • 2012Inventory investment and the cost of capital139 cited
    • 2012Macroeconomic determinants of stock volatility and volatility premiums136 cited
    • 2013Local Risk, Local Factors, and Asset Prices135 cited
    • 2017Impact of pension system structure on international financial capital allocation109 cited
    • 2010Asset Prices with Heterogeneity in Preferences and Beliefs107 cited
    • 2018Limited Stock Market Participation Among Renters and Homeowners103 cited
    • 2021Who Wears the Pants? Gender Identity Norms and Intrahousehold Financial Decision‐Making101 cited
    • 2020Review Article: Perspectives on the Future of Asset Pricing100 cited