Cash flow and risk premium dynamics in an equilibrium asset-pricing model with recursive preferences
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More about this item
Keywords
Recursive preferences; Consumption risks;JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2016-04-04 (Macroeconomics)
- NEP-UPT-2016-04-04 (Utility Models and Prospect Theory)
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