Matches in SemOpenAlex for { <https://semopenalex.org/work/W3209402326> ?p ?o ?g. }
Showing items 1 to 77 of
77
with 100 items per page.
- W3209402326 endingPage "604" @default.
- W3209402326 startingPage "573" @default.
- W3209402326 abstract "This paper examines optimal consumption and portfolio choice for the agent concerned about a worst-case scenario with respect to external habit formation. Our agent more decreases stock investment as the volatility of consumption surplus increases more than an agent without model uncertainty. We theoretically derive the countercyclical uncer- tainty aversion, which is disentangled from the risk aversion. The better the economy, the lower the uncertainty aversion. We obtain both the Lucas style equilibrium asset price and risk-free rate, and we provide more plausible parameter choices to explain both the equity premium puzzle and the low risk-free rate puzzle." @default.
- W3209402326 created "2021-11-08" @default.
- W3209402326 creator A5034677537 @default.
- W3209402326 creator A5048882061 @default.
- W3209402326 date "2010-05-01" @default.
- W3209402326 modified "2023-09-23" @default.
- W3209402326 title "Robust Portfolio Choice with External Habit Formation and Countercyclical Uncertainty Aversion" @default.
- W3209402326 hasPublicationYear "2010" @default.
- W3209402326 type Work @default.
- W3209402326 sameAs 3209402326 @default.
- W3209402326 citedByCount "0" @default.
- W3209402326 crossrefType "journal-article" @default.
- W3209402326 hasAuthorship W3209402326A5034677537 @default.
- W3209402326 hasAuthorship W3209402326A5048882061 @default.
- W3209402326 hasConcept C101161028 @default.
- W3209402326 hasConcept C106159729 @default.
- W3209402326 hasConcept C127447990 @default.
- W3209402326 hasConcept C129915516 @default.
- W3209402326 hasConcept C138885662 @default.
- W3209402326 hasConcept C144024400 @default.
- W3209402326 hasConcept C149782125 @default.
- W3209402326 hasConcept C162324750 @default.
- W3209402326 hasConcept C175444787 @default.
- W3209402326 hasConcept C181236170 @default.
- W3209402326 hasConcept C205706631 @default.
- W3209402326 hasConcept C2780522230 @default.
- W3209402326 hasConcept C2780821815 @default.
- W3209402326 hasConcept C30772137 @default.
- W3209402326 hasConcept C36289849 @default.
- W3209402326 hasConcept C41895202 @default.
- W3209402326 hasConcept C91602232 @default.
- W3209402326 hasConceptScore W3209402326C101161028 @default.
- W3209402326 hasConceptScore W3209402326C106159729 @default.
- W3209402326 hasConceptScore W3209402326C127447990 @default.
- W3209402326 hasConceptScore W3209402326C129915516 @default.
- W3209402326 hasConceptScore W3209402326C138885662 @default.
- W3209402326 hasConceptScore W3209402326C144024400 @default.
- W3209402326 hasConceptScore W3209402326C149782125 @default.
- W3209402326 hasConceptScore W3209402326C162324750 @default.
- W3209402326 hasConceptScore W3209402326C175444787 @default.
- W3209402326 hasConceptScore W3209402326C181236170 @default.
- W3209402326 hasConceptScore W3209402326C205706631 @default.
- W3209402326 hasConceptScore W3209402326C2780522230 @default.
- W3209402326 hasConceptScore W3209402326C2780821815 @default.
- W3209402326 hasConceptScore W3209402326C30772137 @default.
- W3209402326 hasConceptScore W3209402326C36289849 @default.
- W3209402326 hasConceptScore W3209402326C41895202 @default.
- W3209402326 hasConceptScore W3209402326C91602232 @default.
- W3209402326 hasLocation W32094023261 @default.
- W3209402326 hasOpenAccess W3209402326 @default.
- W3209402326 hasPrimaryLocation W32094023261 @default.
- W3209402326 hasRelatedWork W1539901983 @default.
- W3209402326 hasRelatedWork W1579205354 @default.
- W3209402326 hasRelatedWork W1814949734 @default.
- W3209402326 hasRelatedWork W1966713262 @default.
- W3209402326 hasRelatedWork W2086364289 @default.
- W3209402326 hasRelatedWork W2121485824 @default.
- W3209402326 hasRelatedWork W2131639614 @default.
- W3209402326 hasRelatedWork W2168037746 @default.
- W3209402326 hasRelatedWork W3090731583 @default.
- W3209402326 hasRelatedWork W3108642645 @default.
- W3209402326 hasRelatedWork W3121562391 @default.
- W3209402326 hasRelatedWork W3121989581 @default.
- W3209402326 hasRelatedWork W3122274805 @default.
- W3209402326 hasRelatedWork W3122497171 @default.
- W3209402326 hasRelatedWork W3123897731 @default.
- W3209402326 hasRelatedWork W3125259213 @default.
- W3209402326 hasRelatedWork W3151931943 @default.
- W3209402326 hasRelatedWork W3153650813 @default.
- W3209402326 hasRelatedWork W3161076103 @default.
- W3209402326 hasRelatedWork W3203726528 @default.
- W3209402326 isParatext "false" @default.
- W3209402326 isRetracted "false" @default.
- W3209402326 magId "3209402326" @default.
- W3209402326 workType "article" @default.