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Consumer theory / Microeconomics / Business cycle / Welfare cost of business cycles / Equity premium puzzle / Elasticity of intertemporal substitution / Economic model / Epstein-Zin preferences / Isoelastic utility / Economics / Macroeconomics / Utility
Date: 2015-04-08 13:04:15
Consumer theory
Microeconomics
Business cycle
Welfare cost of business cycles
Equity premium puzzle
Elasticity of intertemporal substitution
Economic model
Epstein-Zin preferences
Isoelastic utility
Economics
Macroeconomics
Utility

Welfare Cost of Business Cycles with Idiosyncratic Consumption Risk and a Preference for Robustness∗ Martin Ellison Thomas J. Sargent

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