Parameter Learning in General Equilibrium: The Asset Pricing Implications
NBER Working Paper No. 19705
---- Acknowledgements -----
We thank David Backus, Mikhail Chernov, Darrell Duffie, Lars Hansen, Espen Henriksen, Stavros Panageas, Stanley Zin, and seminar participants at The Chicago Initiative in Theory and Empirics (CITE conference 2012), Columbia, London School of Economics, NBER SI Asset Pricing meeting 2012, Ohio State, Stanford, UC Davis, UCLA, and the University of Minnesota for helpful comments. Any errors or omissions are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.