Long Run Risks, the Macroeconomy, and Asset Prices

被引：53
作者：
Bansal, Ravi [1 ,2 ]
Kiku, Dana [3 ]
Yaron, Amir [2 ,3 ]
机构：
[1] Duke Univ, Fuqua Sch Business, Durham, NC 27708 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
[3] Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA
来源：
AMERICAN ECONOMIC REVIEW | 2010年 / 100卷 / 02期
关键词：
PRICING-MODELS; CONSUMPTION; RETURNS;
D O I：
10.1257/aer.100.2.542
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
引用
收藏
页码：542 / 546
页数：5
相关论文
共 17 条
  • [1] [Anonymous], 1987, Models of business cycles
  • [2] Consumption, dividends, and the cross section of equity returns
    Bansal, R
    Dittmar, RF
    Lundblad, CT
    [J]. JOURNAL OF FINANCE, 2005, 60 (04) : 1639 - 1672
  • [3] Interpretable asset markets?
    Bansal, R
    Khatchatrian, V
    Yaron, A
    [J]. EUROPEAN ECONOMIC REVIEW, 2005, 49 (03) : 531 - 560
  • [4] Risks for the long run: A potential resolution of asset pricing puzzles
    Bansal, R
    Yaron, A
    [J]. JOURNAL OF FINANCE, 2004, 59 (04) : 1481 - 1509
  • [5] Bansal R., 2009, 15504 NAT BUR EC RES
  • [6] Bansal R., 2007, RISKS LONG RUN ESTIM
  • [7] Rational pessimism, rational exuberance, and asset pricing models
    Bansal, Ravi
    Gallant, A. Ronald
    Tauchen, George
    [J]. REVIEW OF ECONOMIC STUDIES, 2007, 74 (04) : 1005 - 1033
  • [8] Cointegration and Consumption Risks in Asset Returns
    Bansal, Ravi
    Dittmar, Robert
    Kiku, Dana
    [J]. REVIEW OF FINANCIAL STUDIES, 2009, 22 (03) : 1343 - 1375
  • [9] Barro Robert J., 2009, CRISES RECOVER UNPUB
  • [10] CHEN H, J FINANCE IN PRESS
12