Ambiguity and Asset Markets
---- Acknowledgements -----
Epstein acknowledges financial support from the National Science Foundation (award SES-0917740). We thank Lorenzo Garlappi, Tim Landvoigt, Jianjun Miao, Monika Piazzesi and Juliana Salomao for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.