Consumption, aggregate wealth, and expected stock returns

Keyphrases

• Expected Stock Returns 100%
• Consumption-wealth Ratio 100%
• Asset Returns 66%
• Eternal Return 66%
• Asset Holdings 66%
• Market Portfolio 66%
• Strong Predictor 33%
• Human Capital 33%
• Popular 33%
• Excess Returns 33%
• Expected Returns 33%
• Aggregate Consumption 33%
• Dividend Yield 33%
• Labor Income 33%
• Data Market 33%
• Observable Variables 33%
• Forecaster 33%
• Stock Return Prediction 33%
• Consumer Behavior Model 33%
• Dividend Payout Ratio 33%
• Treasury Bill Rate 33%
• Real Stock Return 33%

Economics, Econometrics and Finance

• Government Securities 16%