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Average debt and equity returns: puzzling?

McGrattan, Ellen R.; Prescott, Edward C. - 2003

"Mehra and Prescott (1985) found the difference between average equity and debt returns puzzling because it was too large to be a premium for bearing nondiversifiable aggregate risk. Here, we re-examine this puzzle, taking into account some factors ignored by Mehra and Prescott--taxes,...

Persistent link: https://www.econbiz.de/10001729063

Can sticky price models generate volatile and persistent real exchange rates?

Chari, Varadarajan V.; Kehoe, Patrick J.; McGrattan, … - In: The review of economic studies 69 (2002) 3, pp. 533-563

Persistent link: https://www.econbiz.de/10001700148

Accounting for great depression

Chari, Varadarajan V.; Kehoe, Patrick J.; McGrattan, … - In: The American economic review 92 (2002) 2, pp. 22-27

Persistent link: https://www.econbiz.de/10001705486

Business cycle accounting

Chari, Varadarajan V. (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001717170

Taxes, regulations, and the value of US corporations : a general equilibrium analysis

McGrattan, Ellen R.; Prescott, Edward C. - 2002

Persistent link: https://www.econbiz.de/10001689845

The stock market crash of 1929 : Irving Fisher was right!

McGrattan, Ellen R.; Prescott, Edward C. - 2001 - Rev.

Persistent link: https://www.econbiz.de/10001640908

The stock market crash of 1929 : Irving Fisher was right!

McGrattan, Ellen R.; Prescott, Edward C. - 2001

Persistent link: https://www.econbiz.de/10001617291

Taxes, regulations and asset prices

McGrattan, Ellen R.; Prescott, Edward C. - 2001

Persistent link: https://www.econbiz.de/10001629116

The stock market crash of 1929 : Irving Fisher was right!

McGrattan, Ellen R.; Prescott, Edward C. - 2001

Persistent link: https://www.econbiz.de/10001629451

Can sticky price models generate volatile and persistent real exchange rates?

Chari, Varadarajan V.; Kehoe, Patrick J.; McGrattan, … - 2001 - Rev

Persistent link: https://www.econbiz.de/10001630667

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