Felix Kubler
Biographic Data
| ID | 5731147 |
|---|---|
| NAME | Felix Kubler |
| GIVEN NAMES | Felix |
| FAMILY NAME | Kubler |
| SIGNATURE | KUBLER F |
| AFFILIATIONS | Stanford University |
| ORCID | 0000-0002-9404-878X |
| VERIFIED | Yes |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 4 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2002 |
| LATEST PUBLICATION YEAR | 2017 |
| H-INDEX | 0 |
What Are Asset Demand Tests of Expected Utility Really Testing
Assuming the classic contingent claim setting, a number of financial asset demand tests of Expected Utility have been developed and implemented in experimental settings. However the domain of preferences of these asset demand tests differ from the mixture space of distributions assumed in the traditional binary lottery laboratory tests of von Neumann-Morgenstern Expected Utility preferences. We derive new sets axioms that are necessary and suffic…
Borrowing Costs and the Demand for Equity over the Life Cycle
We construct a life cycle model that delivers realistic behavior for both equity holdings and borrowing. The key model ingredient is a wedge between the cost of borrowing and the risk-free investment return. Borrowing can either raise or lower equity demand, depending on the cost of borrowing. A borrowing rate equal to the expected return on equity—which we show roughly matches the data—minimizes the demand for equity. Alternative models with no …
Taxation, Incomplete Markets, and Social Security
Computational Methods for the Study of Dynamic Economies
First published in 1999, this collection of articles on the use of computational methods to solve for equilibria in dynamic macroeconomic models is now available as a paperback edition. The book has three parts: the first part contains articles on the use of linear methods; articles in the second part describes global nonlinear approximation methods while the last part of the book contains three articles that describe research topics in modern ma…
No prominent works on this page.
Computational Methods for the Study of Dynamic Economies
First published in 1999, this collection of articles on the use of computational methods to solve for equilibria in dynamic macroeconomic models is now available as a paperback edition. The book has three parts: the first part contains articles on the use of linear methods; articles in the second part describes global nonlinear approximation methods while the last part of the book contains three articles that describe research topics in modern ma…
Taxation, Incomplete Markets, and Social Security
Borrowing Costs and the Demand for Equity over the Life Cycle
We construct a life cycle model that delivers realistic behavior for both equity holdings and borrowing. The key model ingredient is a wedge between the cost of borrowing and the risk-free investment return. Borrowing can either raise or lower equity demand, depending on the cost of borrowing. A borrowing rate equal to the expected return on equity—which we show roughly matches the data—minimizes the demand for equity. Alternative models with no …
What Are Asset Demand Tests of Expected Utility Really Testing
Assuming the classic contingent claim setting, a number of financial asset demand tests of Expected Utility have been developed and implemented in experimental settings. However the domain of preferences of these asset demand tests differ from the mixture space of distributions assumed in the traditional binary lottery laboratory tests of von Neumann-Morgenstern Expected Utility preferences. We derive new sets axioms that are necessary and suffic…
Economics (4 works) · Computer Science (2 works) · Mathematical economics (2 works) · Mathematics (2 works) · Microeconomics (2 works) · Actuarial science (1 work) · Algorithm (1 work) · Asset (computer security) (1 work) · Axiom (1 work) · Computation (1 work)