Asset prices in a labor search model with confidence shocks

DOI10.1016/j.jedc.2022.104564zbMath1518.91293OpenAlexW4308888913MaRDI QIDQ6106629

Pavel Krivenko

Publication date: 3 July 2023

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2022.104564

zbMATH Keywords

stock marketambiguitybusiness cycleequity premiumlabor search

Mathematics Subject Classification ID

Interest rates, asset pricing, etc. (stochastic models) (91G30) Labor markets (91B39)

Cites Work

• Recursive multiple-priors.
• A theoretical foundation of ambiguity measurement
• Labor market search, endogenous disasters and the equity premium puzzle
• On booms that never bust: ambiguity in experimental asset markets with bubbles
• Rounding Probabilistic Expectations in Surveys