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Asset Pricing in OLG Economies With Borrowing Constraints and Idiosyncratic Income Risk 

Harenberg, Daniel (2018-09-17)
This paper analyzes how the combination of borrowing constraints and idiosyncratic risk affects the equity premium in an overlapping generations economy. I find that introducing a zero-borrowing constraint in an economy ...
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PSID 

Unknown author
The Panel Study of Income Dynamics (PSID) is the longest running longitudinal household survey in the world. The study began in 1968 with a nationally representative sample of over 18,000 individuals living in 5,000 families ...
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BEA NIPA 

Unknown author
BEA's national economic accounts provide a comprehensive picture of the U.S. economy and feature many macroeconomic statistics.
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HMD 

Unknown author
The Human Mortality Database (HMD) contains original calculations of death rates and life tables for national populations (countries or areas), as well as the input data used in constructing those tables. The input data ...
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AuthorHarenberg, Daniel (1)Research AreaMacro Finance (4)Household Finance (3)Financial Institutions (2)... View MoreJEL ClassificationD91 (4)
G12 (4)
C68 (3)... View MoreTopic
Monetary Policy (4)
Consumption (2)Stability and Regulation (2)... View MoreKeyword
aggregate risk (4)
equity premium (4)
idiosyncratic risk (4)
... View MoreDate Issued2018 (1)Has File(s)Yes (4)
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Leibniz Gemeinschaft
About  Data Protection