Asset Pricing with Idiosyncratic Risk and Overlapping Generations
By Kjetil Storesletten, Chris I. Telmer, Amir Yaron. 2000
483 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/2f7ba79b83975609566b527f37f36f250c66bd16
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Fatih Guvenen
- Tom Krebs
- Dirk Krueger
- Jae Song
- Serdar Ozkan
- Kjetil Storesletten
- Greg Kaplan
- Amir Yaron
In Economics and Econometrics
- Fatih Guvenen
- Tom Krebs
- Dirk Krueger
- Serdar Ozkan
- Kjetil Storesletten
- Jae Song
- Amir Yaron
- Chris I. Telmer
Citations in the corpus
- A parsimonious macroeconomic model for asset pricing (2009, methodology): “…unconditional moments in the context of production economies,2 some 2Jermann (1998), Boldrin, Christiano, and Fisher (2001), Danthine and Donaldson (2002), Storesletten, Telmer, and Yaron (2007), and Uhlig (2006), among others. aspects of asset price dynamics have proved more difficult to generate.”
- Asset Market Participation and Portfolio Choice over the Life-Cycle (2012, unknown): “and Goldstein 2007, Gomes, Kotlikoff, and Viceira 2008). Because markets are incomplete and labor income is uncertain and non-tradeable, these models do not have closed form solutions and have to be solved numerically. A representative example of this literature is Cocco, Gomes, and Maenhout (2005).”
- The Market Price of Aggregate Risk and the Wealth Distribution (2005, unknown): “The calibration of these labor income shocks was taken entirely from Storesletten, Telmer, and Yaron (2001)(see page 39 of Storesletten, Telmer, and Yaron (2001) for a detailed description of the calibration).”
- Entrepreneurial activity, risk, and the business cycle (2004, unknown): “…recently gotten attention in the asset pricing literature as one way to reconcile asset pricing models with empirical evidence on asset returns.3 3See Mankiw (1986) and Constantinides and Duffie (1996) and, for empirical evidence, Heaton and Lucas (1996) and Storesletten, Telmer, and Yaron (1999).”
- Assessing the accuracy of the aggregate law of motion in models with heterogeneous agents (2010, unknown): “But this is not true for all papers, For example, Storesletten, Telmer, and Yaron (2007) use 19 moments as explanatory variables and 20,000 observations.”