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

Larry G. Epstein, Stanley E. Zin, Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework, Econometrica, Vol. 57, No. 4 (Jul., 1989)…

Larry G. Epstein, Stanley E. Zin
https://resea.org/10.2307/1913778
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Abstract

Larry G. Epstein, Stanley E. Zin, Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework, Econometrica, Vol. 57, No. 4 (Jul., 1989), pp. 937-969