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fluctuations in a pure exchange economy à la Lucas, with infinitely-lived households, under the hypothesis of spirit of capitalism … capitalism through preferences for wealth. Preferences for wealth are the key element of this paper in a twofold aspect. First … with the strongest spirit of capitalism are also the rich in terms of endowments, heterogeneity in endowments heightens the …
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asset pricing theory using the stochastic discount factor as an organizing framework, the paper discusses the joint …
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-- Consequences Unintended: The Bubble Act and American Independence -- Capitalism by Generalists: The Governance of the Ayr Bank and …
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