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Time-inconsistent preferences in a general equilibrium model

โœ Scribed by P. Jean-Jacques Herings; Kirsten I. M. Rohde


Publisher
Springer
Year
2005
Tongue
English
Weight
301 KB
Volume
29
Category
Article
ISSN
0938-2259

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Risk and return in a dynamic general equ
โœ Levent Akdeniz ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 231 KB

In this paper we examine the relationship between risk and return on productive assets using the intertemporal general equilibrium model of Brock (1982, Asset Prices in a Production Economy, the University of Chicago Press, Chicago, pp. 1}42) as a basis for a simulation study. Current computational