This book provides a comprehensive and critical analysis of research outcomes on the
equity home bias puzzle–that people overinvest in domestic stocks relative to the …

This paper proposes a new theoretical framework aimed at understanding the link between
technological change, skill premium, and employment. We build an endogenous growth …

We propose a two-country model in which preferences change endogenously as a function
of the popularity of traded goods. In equilibrium, expected returns and return volatility vary …

This paper derives an optimal portfolio equilibrium using a two-country DSGE model with
non-separable utility and two assets (home and foreign equities). We solve the model using …

In this paper, I explore the dynamics of real estate market fluctuations and business cycle co-
movements in a neoclassical setting. Applying a dynamic stochastic general equilibrium …