Inequality, stock market participation, and the equity premium
By Jack Y Favilukis. 2013
155 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/b827c376bfdc6c7ba4502150edf1101dc5787676
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
Citations in the corpus
- Who Wears the Pants? Gender Identity Norms and Intrahousehold Financial Decision‐Making (2017, background): “Moreover, I examine stock market participation, an aspect of household financial decisions with important implications for wealth distribution in the economy (Guvenen (2009), Favilukis (2013)).”
- Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy (2016, background): “Gaĺı et al. (2007) study the transmission of government spending shocks when some households are spenders/hand-to-mouth consumers (do not participate in asset markets).”
- Socioeconomic Status and Macroeconomic Expectations (2017, unknown): “Moreover, non-participation of low-SES households could result in heterogeneity in wealth returns that is correlated with the level of wealth, which in turn plays a role in generating wealth inequality (Favilukis (2013), Gabaix, Lasry, Lions, and Moll (2016)).”