2 citations · 2 across the 4 of their papers we have counts for
Showing 2026Show all
2 papers · 1 filter
econ.TH2026
An Irrelevance Theorem for Risk Aversion and Time-Varying Risk
Andrew Chen, Francisco Palomino
We provide a theorem on the role of risk and risk attitudes in macroeconomic models that clarifies and extends the Tallarini (2000) separation result. Under (1) separation of inter…
q-fin.GN2026
Hedging the Singularity
Andrew Y. Chen
AI stocks trade at extraordinary valuations. We develop an asset pricing model in which investors use AI stocks to hedge against an AI singularity that displaces their consumption.…