The market price of aggregate risk and the wealth distribution YL Chien, H Lustig The Review of Financial Studies 23 (4), 1596-1650, 2010 | 284* | 2010 |
A multiplier approach to understanding the macro implications of household finance YL Chien, H Cole, H Lustig The Review of Economic Studies 78 (1), 199-234, 2011 | 124 | 2011 |
Is the volatility of the market price of risk due to intermittent portfolio rebalancing? YL Chien, H Cole, H Lustig American Economic Review 102 (6), 2859-2896, 2012 | 118 | 2012 |
Understanding the distributional impact of long‐run inflation G Camera, YL Chien Journal of Money, Credit and Banking 46 (6), 1137-1170, 2014 | 45 | 2014 |
Why are exchange rates so smooth? A household finance explanation YL Chien, H Lustig, K Naknoi Journal of Monetary Economics 112, 129-144, 2020 | 21 | 2020 |
Household participation in stock market varies widely by state Y Chien, P Morris The Regional Economist 3, 4-5, 2017 | 20 | 2017 |
Why are Exchange Rates So Smooth?: A Segmented Asset Markets Explanation YL Chien, H Lustig, K Naknoi Federal Reserve Bank of St. Louis, Research Division, 2015 | 18 | 2015 |
The risk premium and long-run global imbalances YL Chien, K Naknoi Journal of Monetary Economics 76, 299-315, 2015 | 17 | 2015 |
Implications of heterogeneity in preferences, beliefs and asset trading technologies in an endowment economy YL Chien, H Cole, H Lustig Review of Economic Dynamics 20, 215-239, 2016 | 15 | 2016 |
Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited Y Chen, YL Chien, CC Yang FRB St. Louis Working Paper, 2017 | 14 | 2017 |
Externality cost of capital investment in limited commitment YL Chien, J Lee KDI Journal of Economic Policy 34 (2), 17-40, 2012 | 12* | 2012 |
The determination of public debt under both aggregate and idiosyncratic uncertainty YL Chien, Y Wen Journal of Economic Theory 203, 105474, 2022 | 10 | 2022 |
Optimal Ramsey taxation in heterogeneous agent economies with quasi-linear preferences YL Chien, Y Wen FRB St. Louis Working Paper, 2019 | 10 | 2019 |
Optimal Ramsey Capital Income Taxation—A Reappraisal YL Chien, Y Wen FRB St. Louis Working Paper, 2017 | 9 | 2017 |
Time-inconsistent optimal quantity of debt YL Chien, Y Wen European Economic Review 140, 103913, 2021 | 8 | 2021 |
Two monetary models with alternating markets G Camera, YL Chien Journal of Money, Credit and Banking 48 (5), 1051-1064, 2016 | 8* | 2016 |
Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies for the Macroeconomy YL Chien, HL Cole, H Lustig National Bureau of Economic Research, 2014 | 7 | 2014 |
Why Tax Capital Y Chien, J Lee Purdue University Working Paper, 2008 | 7 | 2008 |
The large gap in stock market participation between black and white households J Bennett, YL Chien Economic Synopses, 2022 | 6 | 2022 |
Should capital be taxed? Y Chen, YL Chien, Y Wen, CC Yang Economics Letters 200, 109746, 2021 | 6 | 2021 |