Habits, Wealth and Equity Risk Premium

Author:

Giannikos Christos I.,Koimisis Georgios

Publisher

Elsevier BV

Subject

Finance

Reference16 articles.

1. Asset prices under habit formation and catching up with the joneses;Abel;American Economic Review,1990

2. Habit formation and the equity-premium puzzle: A sceptical view;Athanasoulis;Annals of Finance,2007

3. Precautionary portfolio behavior from a life-cycle perspective;Betraut;Journal of Economic Dynamics and Control,1997

4. By force of habit: A consumption-based explanation of aggregate stock market behavior;Campbell;Journal of Political Economy,1999

5. Habit formation: A resolution of the equity premium puzzle;Constantinides;Journal of Political Economy,1990

Cited by 3 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Equity Premium with Habits, Wealth Inequality and Background Risk;Journal of Risk and Financial Management;2021-07-12

2. Is domestic consumption dragged down by real estate sector?—Evidence from Chinese household wealth;International Review of Financial Analysis;2021-05

3. Equity premium puzzle or faulty economic modelling?;Review of Quantitative Finance and Accounting;2020-08-31

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