Report
Elasticities of substitution in real business cycle models with home production
Ludvigson, Sydney; Campbell, John Y. (1997)
Recently, there has been considerable interest in modifying the standard real business cycle model to include home production. In this paper, we construct a simple model of home production that demonstrates the connection between the intertemporal elasticity of substitution (IES), and the elasticity of substitution between home and market consumption. Understanding this connection is important because there is much larger body of empirical evidence on the size of the IES than there is on the size of the static home-market substitution elasticity. We use this framework to shed light on the ...
Research Paper , Paper 9733

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U.S. corporate leverage: developments in 1987 and 1988
Campbell, John Y.; Bernanke, Ben S.; Whited, Toni M. (1990)
Finance and Economics Discussion Series , Paper 113

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Remarks: some thoughts on systemic risk
Campbell, John Y. (1995)
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By force of habit: a consumption-based explanation of aggregate stock market behavior
Campbell, John Y.; Cochrane, John H. (1994)
Working Papers , Paper 94-17

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Models of the term structure of interest rates
MacKinlay, A. Craig; Lo, Andrew W.; Campbell, John Y. (1994)
Working Papers , Paper 94-10