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What Level of Fixed Costs Can Reconcile Consumption and Stock Returns?

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Author Info
Erzo G. J. Luttmer
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File URL: http://www.journals.uchicago.edu/cgi-bin/resolve?JPEv107p969PDF
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Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 107 (1999)
Issue (Month): 5 (October)
Pages: 969-997
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Handle: RePEc:ucp:jpolec:v:107:y:1999:i:5:p:969-997

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