Asset Pricing with Idiosyncratic Risk and Overlapping Generations

B-Tier
Journal: Review of Economic Dynamics
Year: 2007
Volume: 10
Issue: 4
Pages: 519-548

Authors (3)

Kjetil Storesletten (University of Minnesota) Chris Telmer (Carnegie Mellon University) Amir Yaron (University of Pennsylvania)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

Abstract

What is the effect of non-tradeable idiosyncratic risk on asset-market risk premiums? Constantinides and Duffie (1996) and Mankiw (1986) have shown that risk premiums will increase if the idiosyncratic shocks become more volatile during economic

Technical Details

RePEc Handle
repec:red:issued:06-70
Journal Field
Macro
Author Count
3
Added to Database
2026-01-29