Matches in SemOpenAlex for { <https://semopenalex.org/work/W1996189898> ?p ?o ?g. }
- W1996189898 endingPage "1832" @default.
- W1996189898 startingPage "1803" @default.
- W1996189898 abstract "ABSTRACT The representative agent theory of asset pricing is modified to incorporate heterogeneous agents and incomplete markets. The model features two types of agents who differ up to a nontradable, idiosyncratic component in their endowment processes. Numerical solutions indicate that individuals are able to diversify a substantial portion of their idiosyncratic income risk through riskless borrowing and lending alone. Restrictions on the variability of intertemporal marginal rates of substitution ( Hansen and Jagannathan (1991) ) are used to argue that incomplete markets, as modeled here, cannot account for the properties of asset returns that are anomalous from the perspective of representative agent theory." @default.
- W1996189898 created "2016-06-24" @default.
- W1996189898 creator A5086841480 @default.
- W1996189898 date "1993-12-01" @default.
- W1996189898 modified "2023-10-12" @default.
- W1996189898 title "Asset-pricing Puzzles and Incomplete Markets" @default.
- W1996189898 cites W1508145215 @default.
- W1996189898 cites W1571944717 @default.
- W1996189898 cites W1574786337 @default.
- W1996189898 cites W1780438474 @default.
- W1996189898 cites W1981950478 @default.
- W1996189898 cites W1982521196 @default.
- W1996189898 cites W1985018066 @default.
- W1996189898 cites W2003750502 @default.
- W1996189898 cites W2004232920 @default.
- W1996189898 cites W2010681793 @default.
- W1996189898 cites W2013534161 @default.
- W1996189898 cites W2016971820 @default.
- W1996189898 cites W2020364121 @default.
- W1996189898 cites W2021104708 @default.
- W1996189898 cites W2025948785 @default.
- W1996189898 cites W2027063727 @default.
- W1996189898 cites W2028382716 @default.
- W1996189898 cites W2030691535 @default.
- W1996189898 cites W2035505185 @default.
- W1996189898 cites W2038367498 @default.
- W1996189898 cites W2046182980 @default.
- W1996189898 cites W2049512289 @default.
- W1996189898 cites W2059294417 @default.
- W1996189898 cites W2081308191 @default.
- W1996189898 cites W2083697222 @default.
- W1996189898 cites W2088336173 @default.
- W1996189898 cites W2092371901 @default.
- W1996189898 cites W2096136442 @default.
- W1996189898 cites W2107260812 @default.
- W1996189898 cites W2117338258 @default.
- W1996189898 cites W2119143694 @default.
- W1996189898 cites W2135378292 @default.
- W1996189898 cites W2146000914 @default.
- W1996189898 cites W2159013641 @default.
- W1996189898 cites W2570834760 @default.
- W1996189898 cites W2943795285 @default.
- W1996189898 cites W3122056477 @default.
- W1996189898 cites W3122433429 @default.
- W1996189898 cites W3123005743 @default.
- W1996189898 cites W3124203466 @default.
- W1996189898 cites W3124704119 @default.
- W1996189898 cites W3126125364 @default.
- W1996189898 doi "https://doi.org/10.1111/j.1540-6261.1993.tb05129.x" @default.
- W1996189898 hasPublicationYear "1993" @default.
- W1996189898 type Work @default.
- W1996189898 sameAs 1996189898 @default.
- W1996189898 citedByCount "264" @default.
- W1996189898 countsByYear W19961898982012 @default.
- W1996189898 countsByYear W19961898982013 @default.
- W1996189898 countsByYear W19961898982014 @default.
- W1996189898 countsByYear W19961898982015 @default.
- W1996189898 countsByYear W19961898982016 @default.
- W1996189898 countsByYear W19961898982017 @default.
- W1996189898 countsByYear W19961898982018 @default.
- W1996189898 countsByYear W19961898982019 @default.
- W1996189898 countsByYear W19961898982020 @default.
- W1996189898 countsByYear W19961898982021 @default.
- W1996189898 countsByYear W19961898982022 @default.
- W1996189898 countsByYear W19961898982023 @default.
- W1996189898 crossrefType "journal-article" @default.
- W1996189898 hasAuthorship W1996189898A5086841480 @default.
- W1996189898 hasBestOaLocation W19961898982 @default.
- W1996189898 hasConcept C10138342 @default.
- W1996189898 hasConcept C106159729 @default.
- W1996189898 hasConcept C109354906 @default.
- W1996189898 hasConcept C111472728 @default.
- W1996189898 hasConcept C12713177 @default.
- W1996189898 hasConcept C136969773 @default.
- W1996189898 hasConcept C138551086 @default.
- W1996189898 hasConcept C138885662 @default.
- W1996189898 hasConcept C145197507 @default.
- W1996189898 hasConcept C154945302 @default.
- W1996189898 hasConcept C162324750 @default.
- W1996189898 hasConcept C175444787 @default.
- W1996189898 hasConcept C181236170 @default.
- W1996189898 hasConcept C19244329 @default.
- W1996189898 hasConcept C38652104 @default.
- W1996189898 hasConcept C41008148 @default.
- W1996189898 hasConcept C76178495 @default.
- W1996189898 hasConcept C80212096 @default.
- W1996189898 hasConceptScore W1996189898C10138342 @default.
- W1996189898 hasConceptScore W1996189898C106159729 @default.
- W1996189898 hasConceptScore W1996189898C109354906 @default.
- W1996189898 hasConceptScore W1996189898C111472728 @default.
- W1996189898 hasConceptScore W1996189898C12713177 @default.
- W1996189898 hasConceptScore W1996189898C136969773 @default.
- W1996189898 hasConceptScore W1996189898C138551086 @default.
- W1996189898 hasConceptScore W1996189898C138885662 @default.
- W1996189898 hasConceptScore W1996189898C145197507 @default.
- W1996189898 hasConceptScore W1996189898C154945302 @default.
- W1996189898 hasConceptScore W1996189898C162324750 @default.
- W1996189898 hasConceptScore W1996189898C175444787 @default.