Learning with Rare Disasters

Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework

Larry G. Epstein, Stanley E. Zin · Econometrica · 1989 · 4.5K citations

Social Sciences, Economics, Finance +17

ARCH modeling in finance

Tim Bollerslev, Ray Yeutien Chou, Kenneth F. Kroner · Journal of Econometrics · 1992 · 4.4K citations

Business, Economics, Finance +12

Why Does Stock Market Volatility Change Over Time?

G. William Schwert · The Journal of Finance · 1989 · 3.6K citations

Business, Economics, History +16

An intertemporal asset pricing model with stochastic consumption and investment opportunities

Douglas T. Breeden · Journal of Financial Economics · 1979 · 2.8K citations

Business, Economics, Finance +16

Rare Disasters and Asset Markets in the Twentieth Century*

Robert J. Barro · The Quarterly Journal of Economics · 2006 · 2.4K citations · Full text

Business, Economics, Finance +17