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 ...

AI-powered crypto trading bots have changed the world of crypto investments for a global audience – ranging from first-time investors to experienced traders and professionals. Automated strategies, ...

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in ...