A Consumption-Oriented Theory of the Demand for Financial Assets and the Term Structure of Interest Rates

DOI10.2307/2296724zbMath0197.46404OpenAlexW2039697226MaRDI QIDQ5595990

Joseph E. Stiglitz

Publication date: 1970

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2296724

zbMATH Keywords

operations research

Related Items (7)

Sharing idiosyncratic risk even though prices are ``wrong ⋮ On the non-existence of optimal programs in the Robinson-Solow-Srinivasan (RSS) model ⋮ The dynamics of the Stiglitz policy in the RSS model ⋮ Uncertainty, risk of default and the savings-consumption decision ⋮ A measure of the sensitivity of saving to interest rate uncertainty with non-expected preferences ⋮ A NON-SUBSTITUTION THEOREM WITH NON-CONSTANT RETURNS TO SCALE AND EXTERNALITIES ⋮ OPTIMAL CONSUMPTION AND PORTFOLIO DECISIONS WITH PARTIALLY OBSERVED REAL PRICES

This page was built for publication: A Consumption-Oriented Theory of the Demand for Financial Assets and the Term Structure of Interest Rates