Can idiosyncratic risk explain the equity premium? We revisit this question using a novel measure of imperfect risk sharing, implied by a large class of heterogeneous-agent models, constructed using ...

In my Sex, Drugs, and Artificial Intelligence class, I have strived to take a balanced look at various topics, including ...

As 2026 begins, Java Burn reviews are once again climbing search results, not because of hype alone, but because ...