NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies for the Macroeconomy

YiLi Chien, Harold L. Cole, Hanno Lustig

NBER Working Paper No. 20328
Issued in July 2014

---- Acknowledgments ----

We would like to thank the SED for giving us the opportunity to present our new aggregation result and our heterogeneous belief findings as part of the plenary lecture in Soul Korea in June of 2013. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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