NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Rational Attention Allocation Over the Business Cycle

Marcin Kacperczyk, Stijn Van Nieuwerburgh, Laura Veldkamp

NBER Working Paper No. 15450
Issued in October 2009

---- Acknowledgements ----

We thank John Campbell, Joseph Chen, Xavier Gabaix, Vincent Glode, Lars Hansen, Christian Hellwig, Ralph Koijen, Jeremy Stein, Matthijs van Dijk, Robert Whitelaw, as well as three anonymous referees, and participants in several seminars and conferences for valuable comments and suggestions. We thank Isaac Baley and Nic Kozeniauskas for outstanding research assistance. Finally, we thank the Q-group for their generous financial support. A previous version of this paper was entitled “Rational Attention Allocation over the Business Cycle”. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

return to bibliography page

 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us