Inequality, stock market participation, and the equity premium
J Favilukis - Journal of Financial Economics, 2013 - Elsevier
The last 30 years saw substantial increases in wealth inequality and stock market
participation, smaller increases in consumption inequality and the fraction of indebted …
participation, smaller increases in consumption inequality and the fraction of indebted …
Equilibrium Computation with Heterogeneous Firms and Bounded Rationality
J O'Donovan - Available at SSRN 4639398, 2023 - papers.ssrn.com
I propose an algorithm to solve for general equilibrium with heterogeneous firms and
bounded rationality. The algorithm uses a histogram-based approximation of the firm …
bounded rationality. The algorithm uses a histogram-based approximation of the firm …
[PDF][PDF] Are there any spillovers between household and firm financing frictions? a dynamic general equilibrium analysis
BD Solomon - New York Times, 2008 - cireqmontreal.com
Economic commentators frequently imply the existence of positive spillovers between the
financing frictions affecting households and firms, suggesting another way in which credit …
financing frictions affecting households and firms, suggesting another way in which credit …
Essais sur les frictions financières dans les modèles d'équilibre général dynamique
BD Solomon - 2010 - papyrus.bib.umontreal.ca
Cette thèse examine les effets des imperfections des marchés financiers sur la
macroéconomie. Plus particulièrement, elle se penche sur les conséquences de la faillite …
macroéconomie. Plus particulièrement, elle se penche sur les conséquences de la faillite …
[图书][B] Essays on household heterogeneity and asset pricing
J Favilukis - 2007 - search.proquest.com
Over the last 25 years stock market participation has increased and the equity premium has
declined. One may think this would lead to a decrease in wealth inequality. However, just …
declined. One may think this would lead to a decrease in wealth inequality. However, just …