메뉴 건너뛰기




Volumn 29, Issue 12, 2005, Pages 3061-3073

Capital market equilibrium with externalities, production and heterogeneous agents

Author keywords

Externalities; General equilibrium with production; Heterogeneous investors; Social responsibility

Indexed keywords


EID: 28044455617     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2004.11.004     Document Type: Article
Times cited : (17)

References (13)
  • 1
    • 0037238508 scopus 로고    scopus 로고
    • The effects of a baby boom on stock prices and capital accumulation in the presence of Social Security
    • A.B. Abel The effects of a baby boom on stock prices and capital accumulation in the presence of Social Security Econometrica 71 2003 551-578
    • (2003) Econometrica , vol.71 , pp. 551-578
    • Abel, A.B.1
  • 2
    • 0003105445 scopus 로고
    • Asset prices in a production economy
    • J.J. McCall (Eds) University of Chicago Press Chicago
    • W.A. Brock Asset prices in a production economy in: J.J. McCall (Eds) The Economics of Information and Uncertainty 1982 University of Chicago Press Chicago 1-43
    • (1982) The Economics of Information and Uncertainty , pp. 1-43
    • Brock, W.A.1
  • 3
    • 0002519023 scopus 로고    scopus 로고
    • Have individual stocks become more volatile? An empirical exploration of idiosyncratic risk
    • J.Y. Campbell M. Lettau B.G. Malkiel Y. Xu Have individual stocks become more volatile? An empirical exploration of idiosyncratic risk Journal of Finance 56 2001 1-43
    • (2001) Journal of Finance , vol.56 , pp. 1-43
    • Campbell, J.Y.1    Lettau, M.2    Malkiel, B.G.3    Xu, Y.4
  • 4
    • 27144438099 scopus 로고    scopus 로고
    • From equity premium puzzle to expectations puzzle: A general equilibrium production economy with habit formation
    • Mimeo
    • Dai, Q., 2000. From equity premium puzzle to expectations puzzle: A general equilibrium production economy with habit formation. Mimeo.
    • (2000)
    • Dai, Q.1
  • 5
    • 0000842941 scopus 로고
    • Substitution, risk aversion, and the temporal behavior of consumption and asset returns: A theoretical framework
    • L. Epstein S. Zin Substitution, risk aversion, and the temporal behavior of consumption and asset returns: A theoretical framework Econometrica 57 1989 937-968
    • (1989) Econometrica , vol.57 , pp. 937-968
    • Epstein, L.1    Zin, S.2
  • 6
    • 0012869534 scopus 로고    scopus 로고
    • Long-term global market correlations
    • NBER working paper no. 8612
    • Goetzmann, W.N., Li, L., Rouwenhorst, K.G., 2001. Long-term global market correlations, NBER working paper no. 8612.
    • (2001)
    • Goetzmann, W.N.1    Li, L.2    Rouwenhorst, K.G.3
  • 7
    • 38249013007 scopus 로고
    • The effects of incomplete insurance markets and trading costs in a consumption-based asset pricing model
    • J. Heaton D. Lucas The effects of incomplete insurance markets and trading costs in a consumption-based asset pricing model Journal of Economic Dynamics and Control 16 1992 601-620
    • (1992) Journal of Economic Dynamics and Control , vol.16 , pp. 601-620
    • Heaton, J.1    Lucas, D.2
  • 8
    • 28044468094 scopus 로고    scopus 로고
    • Stock market boom and the productivity gains of the 1990s
    • Mimeo
    • Jermann, U., Quadrini, V., 2002. Stock market boom and the productivity gains of the 1990s. Mimeo.
    • (2002)
    • Jermann, U.1    Quadrini, V.2
  • 9
    • 0000150312 scopus 로고
    • Asset prices in an exchange economy
    • R.E. Lucas Asset prices in an exchange economy Econometrica 46 1978 1429-1445
    • (1978) Econometrica , vol.46 , pp. 1429-1445
    • Lucas, R.E.1
  • 10
    • 0013148655 scopus 로고
    • Interest rates and currency prices in a two-country world
    • R.E. Lucas Interest rates and currency prices in a two-country world Journal of Monetary Economics 10 1982 335-359
    • (1982) Journal of Monetary Economics , vol.10 , pp. 335-359
    • Lucas, R.E.1
  • 11
    • 84977707554 scopus 로고
    • A simple model of capital market equilibrium with incomplete information
    • R.C. Merton A simple model of capital market equilibrium with incomplete information Journal of Finance 42 1987 483-510
    • (1987) Journal of Finance , vol.42 , pp. 483-510
    • Merton, R.C.1
  • 12
    • 21844506720 scopus 로고
    • Asset prices in dynamic production economies with time-varying risk
    • V. Naik Asset prices in dynamic production economies with time-varying risk Review of Financial Studies 7 1994 781-801
    • (1994) Review of Financial Studies , vol.7 , pp. 781-801
    • Naik, V.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.