On the Range of the Risk-Free Interest Rate in Incomplete Markets
Year of publication: |
2003-11
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Authors: | Hara, Chiaki ; Kajii, Atsushi |
Institutions: | Institute of Economic Research, Kyoto University |
Subject: | The risk-free rate puzzle | constant absolute risk aversion | incomplete markets | general equilibrium |
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Number 577 23 pages |
Classification: | D52 - Incomplete Markets ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; E21 - Consumption; Saving ; E44 - Financial Markets and the Macroeconomy ; G12 - Asset Pricing |
Source: |
-
Asset Prices and Insurance Loadings
Malamud, Semyon, (2007)
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Risk-Free Bond Prices in Incomplete Markets with Recursive Utility Functions and Multiple Beliefs
Hara, Chiaki, (2004)
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On the Range of the Risk-Free Interest Rate in Incomplete Markets
Hara, Chiaki, (2004)
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Asset Prices, Trading Volumes, and Investor Welfare in Markets with Transaction Costs
Hara, Chiaki, (2013)
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Efficient Risk-Sharing Rules with Heterogeneous Risk Attitudes and Background Risks
Hara, Chiaki, (2006)
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Heterogeneous Impatience in a Continuous-Time Model
Hara, Chiaki, (2009)
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