Volatility, the Macroeconomy and Asset Prices
NBER Working Paper No. 18104
---- Acknowledgements -----
We thank seminar participants at NBER Spring 2012 Asset-Pricing Meeting, AFA 2012, SED 2011, Arizona State University, Duke University, London School of Economics, NYU-Five Star conference, The Wharton School, Vanderbilt University, University of British Columbia, University of New South Wales, University of Sydney, and University of Technology Sydney for their comments. Shaliastovich and Yaron thank the Rodney White Center for financial support The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.