RECENT RESEARCH:


Responses from the American Finance Association Nobel Laureate Panel

Nobel Lecture: Uncertainty Outside and Inside Economic Models ; Slides

Examining Macroeconomic Models Through the Lens of Asset Pricing

Pricing Growth-Rate Risk

Challenges in Identifying and Measuring Systemic Risk

Risk Pricing Over Alternative Investment Horizons

Underidentification?

Three Types of Ambiguity

Stochastic Compounding and Uncertain Valuation

Dynamic Valuation Decomposition Within Stochastic Economies


Recursive Utility in a Markov Environment With Stochastic Growth

 OTHER AFFILIATIONS: