Business-cycle pattern of asset returns: a general equilibrium explanation

DOI10.1007/s10436-019-00347-yzbMath1431.91238OpenAlexW2948471641WikidataQ127791752 ScholiaQ127791752MaRDI QIDQ2292039

Qiang Kang

Publication date: 31 January 2020

Published in: Annals of Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10436-019-00347-y

zbMATH Keywords

capital accumulationoverlapping-generation modelcounter-cyclical variationdecreasing returns to capital

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50)

Cites Work

• Unnamed Item
• Indeterminacy in stochastic overlapping generations models: real effects in the long run
• Optimal consumption choices for a `large' investor
• Consumption choice and asset pricing with a non-price-taking agent
• Tobin's Marginal q and Average q: A Neoclassical Interpretation
• Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Life-Cycle Economies and Aggregate Fluctuations
• Optimal portfolio choice and stochastic volatility