Labor Income Dynamics at Business-Cycle Frequencies:Implications for Portfolio Choice

By Anthony W. Lynch, Sinan Tan. 2011

144 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9b941d517fb8fb9277d27f7ceae8a7c256fa4cd6

Citations in the corpus

• Why Do Household Portfolio Shares Rise in Wealth (2010, unknown): “One branch of the literature is motivated by the observation that the consumption Euler equation need not hold for a representative household because only a subsample of the population actually owns stock (Mankiw and Zeldes 1991). Moreover, markets may be incomplete or risk aversion may be heterogen”