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Diversification and its Discontents: Idiosyncratic and Entrepreneurial Risk in the Quest for Social Status

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  • Wharton School

    (University of Pennsylvania)

  • Nikolai Roussanov

Abstract

aggregate consumption growth.

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Bibliographic Info

Paper provided by Society for Economic Dynamics in its series 2008 Meeting Papers with number 924.

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Date of creation: 2008
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Handle: RePEc:red:sed008:924

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Cited by:
  1. Luigi Guiso & Paolo Sodini, 2012. "Household Finance. An Emerging Field," EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) 1204, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2012.
  2. Jessica A. Wachter & Motohiro Yogo, 2010. "Why Do Household Portfolio Shares Rise in Wealth?," NBER Working Papers 16316, National Bureau of Economic Research, Inc.
  3. Georgarakos, Dimitris & Haliassos, Michael & Pasini, Giacomo, 2012. "Household debt and social interactions," CFS Working Paper Series, Center for Financial Studies (CFS) 2012/05, Center for Financial Studies (CFS).
  4. Johnson, Timothy C., 2012. "Inequality risk premia," Journal of Monetary Economics, Elsevier, Elsevier, vol. 59(6), pages 565-580.
  5. Marco Bassetto & Marco Cagetti & Mariacristina De Nardi, 2013. "Credit Crunches and Credit Allocation in a Model of Entrepreneurship," NBER Working Papers 19296, National Bureau of Economic Research, Inc.
  6. Grammig, Joachim & Schrimpf, Andreas, 2009. "Asset ppricing with a reference level of consumption: New evidence from the cross-section of stock returns," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR) 07-05, University of Cologne, Centre for Financial Research (CFR).
  7. Smoluk, H.J. & Voyer, John, 2014. "The spirit of capitalism among the income classes," Review of Financial Economics, Elsevier, Elsevier, vol. 23(1), pages 1-9.
  8. Yili Chien & Harold Cole & Hanno Lustig, 2011. "A Multiplier Approach to Understanding the Macro Implications of Household Finance," Review of Economic Studies, Oxford University Press, vol. 78(1), pages 199-234.
  9. Leonid Kogan & Dimitris Papanikolaou & Noah Stoffman, 2013. "Technological Innovation: Winners and Losers," NBER Working Papers 18671, National Bureau of Economic Research, Inc.
  10. Panousi, Vasia, 2009. "Capital Taxation with Entrepreneurial Risk," MPRA Paper 24237, University Library of Munich, Germany.
  11. Jason DeBacker & Bradley Heim & Vasia Panousi & Shanthi Ramnath & Ivan Vidangos, 2012. "The properties of income risk in privately held businesses," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 2012-69, Board of Governors of the Federal Reserve System (U.S.).

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