Deborah J Lucas
Biographic Data
| ID | 10330574 |
|---|---|
| NAME | Deborah J Lucas |
| GIVEN NAMES | Deborah J |
| FAMILY NAME | Lucas |
| SIGNATURE | LUCAS D J |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 7 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1996 |
| LATEST PUBLICATION YEAR | 1996 |
| H-INDEX | 1 |
Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing
The authors examine an economy with aggregate and idiosyncratic income risk in which agents cannot contract on future labor income. Agents trade financial securities to buffer idiosyncratic shocks but the extent of trade is limited by borrowing constraints and transactions costs. The effect of frictions on the equity premium is decomposed into two components: a direct effect due to the equation of net-of-costs margins and an indirect effect due t…
Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing
The authors examine an economy with aggregate and idiosyncratic income risk in which agents cannot contract on future labor income. Agents trade financial securities to buffer idiosyncratic shocks but the extent of trade is limited by borrowing constraints and transactions costs. The effect of frictions on the equity premium is decomposed into two components: a direct effect due to the equation of net-of-costs margins and an indirect effect due t…
Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing
The authors examine an economy with aggregate and idiosyncratic income risk in which agents cannot contract on future labor income. Agents trade financial securities to buffer idiosyncratic shocks but the extent of trade is limited by borrowing constraints and transactions costs. The effect of frictions on the equity premium is decomposed into two components: a direct effect due to the equation of net-of-costs margins and an indirect effect due t…
Aggregate income (1 works) · Asset (computer security (1 works) · Consumption (sociology (1 works) · Dividend (1 works) · Economic theories and models (1 works) · Economics (1 works) · Equity (law (1 works) · Equity premium puzzle (1 works) · Finance (1 works) · Finance (1 works)