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| Author: | Gollier, C. |
| Title: | Wealth inequality and asset pricing |
| Journal: | Review of Economic Studies
2001 : JAN, VOL. 68:1(234), p. 181-203 |
| Index terms: | ASSET VALUATION INEQUALITY WEALTH |
| Language: | eng |
| Abstract: | In an Arrow-Debreu exchange economy with identical agents except for their initial endowment, the authors examine how wealth inequality affects the equilibrium level of the equity premium and risk-free rate. |
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