We acknowledge financial support from the National Science Foundation (Chen and Ludvigson) and from the Alfred P. Sloan Foundation (Ludvigson). We are grateful to Orazio Attanasio, Richard Blundell, Darrel Duffie, Lars Hansen, Monika Piazzesi, Annette Vissing-Jorgensen, Gianluca Violante, Motohiro Yogo, Stanley Zin, and to seminar participants at NYU, UC Berkeley, the University of Chicago, the June 2007 SED Annual Meetings, the July 2007 NBER Summer Institute Methods and Applications for Dynamic, Stochastic General Equilibrium Models Workshop, and the September 2007 CMU Conference in Honor of Hansen–Singleton's 1982 paper for helpful comments. We also thank Annette Vissing-Jorgensen for help with the stockholder consumption data. Any errors or omissions are the responsibility of the authors and do not necessarily reflect the views of the National Science Foundation.
An estimation of economic models with recursive preferences
Article first published online: 12 MAR 2013
Copyright © 2013 Xiaohong Chen, Jack Favilukis, and Sydney C. Ludvigson
Volume 4, Issue 1, pages 39–83, March 2013
How to Cite
Chen, X., Favilukis, J. and Ludvigson, S. C. (2013), An estimation of economic models with recursive preferences. Quantitative Economics, 4: 39–83. doi: 10.3982/QE97
- Issue published online: 12 MAR 2013
- Article first published online: 12 MAR 2013
- Submitted July, 2010. Final version accepted October, 2012.