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  • Asset Pricing in a Production Economy with Chew–Dekel Preferences 

    Castro, Rui; CAMPANALE, Claudio; Clementi, Gian Luca (Université de Montréal. Département de sciences économiques., 2009-05)
    In this paper we provide a thorough characterization of the asset returns implied by a simple general equilibrium production economy with Chew–Dekel risk preferences and convex capital adjustment costs. When households display levels of disappointment ...