NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Asset Pricing Implications of Macroeconomic Interventions An Application to Climate Policy

Rajnish Mehra

NBER Working Paper No. 19146
Issued in June 2013

---- Acknowledgements -----

I thank Stephen DeCanio, George Constantinides, John Donaldson, Bob Litterman, Robert Pindyck and Edward Prescott for invaluable feedback and comments. I also thank the participants of the conference on Pricing Climate Risk: Refocusing the Climate Policy Debate at ASU for their comments and Yan Chen for his research assistance. The usual caveat applies. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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