Moving costs, nondurable consumption and portfolio choice

DOI10.1016/J.JET.2009.10.008zbMath1195.91133OpenAlexW2117462358MaRDI QIDQ2653924

Nancy L. Stokey

Publication date: 15 January 2010

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2009.10.008

zbMATH Keywords

equity premium puzzleportfolio choicedurable goodshousingadjustment cost

Mathematics Subject Classification ID

Models of societies, social and urban evolution (91D10)

Related Items (3)

Intertemporal preference with loss aversion: consumption and risk-attitude ⋮ HOUSING OVER TIME AND OVER THE LIFE CYCLE: A STRUCTURAL ESTIMATION ⋮ The Analytic Theory of a Monetary Shock

Cites Work

• Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods

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