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Excess Asset Returns with Limited Enforcement

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  • Costas Azariadis
  • Luisa Lambertini

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Suggested Citation

  • Costas Azariadis & Luisa Lambertini, 2002. "Excess Asset Returns with Limited Enforcement," American Economic Review, American Economic Association, vol. 92(2), pages 135-140, May.
    • Handle: RePEc:aea:aecrev:v:92:y:2002:i:2:p:135-140
    Note: DOI: 10.1257/000282802320189131
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    References listed on IDEAS

    as
    1. George M. Constantinides & John B. Donaldson & Rajnish Mehra, 2002. "Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(1), pages 269-296.
    2. Fernando Alvarez & Urban J. Jermann, 2000. "Efficiency, Equilibrium, and Asset Pricing with Risk of Default," Econometrica, Econometric Society, vol. 68(4), pages 775-798, July.
    3. Costas Azariadis & Luisa Lambertini, 2003. "Endogenous Debt Constraints in Lifecycle Economies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(3), pages 461-487.
    4. Timothy J. Kehoe & David K. Levine, 1993. "Debt-Constrained Asset Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(4), pages 865-888.
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    Cited by:

    1. Gao, Xiang, 2009. "Private Debt with Default Risk within and across Border," MPRA Paper 17126, University Library of Munich, Germany.
    2. Gao, Xiang, 2011. "essays in international economics," ISU General Staff Papers 201101010800003244, Iowa State University, Department of Economics.

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