Banks, James

Asset Holding and Consumption Volatility

Abstract: We investigate the possibility that limited participaion in asset markets, and the stock market in particyular might expalin the lacj of correspondence between the sample moments of the intertemporale marginal rate od substitution and asset returns in UK data
Cover  Asset Holding and Consumption Volatility
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Description Asset Holding and Consumption Volatility/ Banks, James - Tanner, Sara - Attanasio, orazio
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Sta in: Journal of Political Economy n. 4, August 2002, pp. 771-792
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ID file 53955
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Attanasio, Orazio