Details about Felix Kubler

Access statistics for papers by Felix Kubler.

Last updated 2018-04-01. Update your information in the RePEc Author Service.

Short-id: pku6

Working Papers

2017

1. Re-Use of Collateral: Leverage, Volatility, and Welfare
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Also in 2017 Meeting Papers, Society for Economic Dynamics (2017)

2015

2. The identification of beliefs from asset demand
   CRETA Online Discussion Paper Series, Centre for Research in Economic Theory and its Applications CRETA
   Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2015)
   See also Journal Article in Econometrica (2017)

2014

3. Margin regulation and volatility
   Working Paper Series, European Central Bank
   See also Journal Article in Journal of Monetary Economics (2015)
4. Why is too much leverage bad for the economy?
   2014 Meeting Papers, Society for Economic Dynamics

2013

5. Applying Negishi's method to stochastic models with overlapping generations
   2013 Meeting Papers, Society for Economic Dynamics
6. Collateral requirements and asset prices
   Discussion Papers, Deutsche Bundesbank View citations (2)
   Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (2)
   2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (4)
   See also Journal Article in International Economic Review (2015)

2012

7. Dynamic Competitive Economies with Complete Markets and Collateral Constraints
   Economics Working Papers, European University Institute View citations (2)
   Also in 2012 Meeting Papers, Society for Economic Dynamics (2012)
   See also Journal Article in Review of Economic Studies (2015)
8. Life-Cycle Portfolio Choice, the Wealth Distribution and Asset Prices
   2012 Meeting Papers, Society for Economic Dynamics View citations (1)
   Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2010) View citations (3)
9. Margin Requirements and Asset Prices
   2012 Meeting Papers, Society for Economic Dynamics

2011

10. Recursive Contracts, Lotteries and Weakly Concave Pareto Sets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in 2011 Meeting Papers, Society for Economic Dynamics (2011)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2010) View citations (8)
    See also Journal Article in Review of Economic Dynamics (2012)

2009

11. Social Security and Risk Sharing
    Economics Working Papers, European University Institute View citations (4)
    Also in Working Papers, Department of Economics, University of Venice "Ca' Foscari" (2006) View citations (3)
    CESifo Working Paper Series, CESifo Group Munich (2006) View citations (13)
    2007 Meeting Papers, Society for Economic Dynamics (2007)
    See also Journal Article in Journal of Economic Theory (2011)

2007

12. Computing Stochastic Dynamic Economic Models with a Large Number of State Variables: A Description and Application of a Smolyak-Collocation Method
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in NBER Technical Working Papers, National Bureau of Economic Research, Inc (2007) View citations (12)
13. Non-parametric counterfactual analysis in dynamic general equilibrium
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (1)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
    See also Journal Article in Economic Theory (2010)

2006

14. Bond Portfolios and Two-Fund Separation in the Lucas Asset-Pricing Model
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
15. Collateralized Borrowing And Life-Cycle Portfolio Choice
    2006 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (6)
    Public Policy Discussion Paper, Federal Reserve Bank of Boston (2006) View citations (6)

2005

16. Approximate Generalizations in Applied Equilibrium Analysis
    2005 Meeting Papers, Society for Economic Dynamics View citations (3)
17. Borrowing costs and the demand for equity over the life cycle
    Working Papers, Federal Reserve Bank of Boston View citations (31)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (5)
    See also Journal Article in The Review of Economics and Statistics (2006)
18. Pareto Improving Social Security Reform when Financial Markets Are Incomplete
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (18)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2005) View citations (6)
    See also Journal Article in American Economic Review (2006)

2004

19. Approximate Versus Exact Equilibria
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (1)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (2003)
20. Ex Ante Optimality and Social Security
    2004 Meeting Papers, Society for Economic Dynamics View citations (3)
21. Leverage, Incomplete Markets and Crises
    2004 Meeting Papers, Society for Economic Dynamics View citations (4)

2003

22. Approximate CAPM When Preferences Are CRRA
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR)
    Also in Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (2003)
    See also Journal Article in Computational Economics (2007)
23. Dollar Denominated Debt and Optimal Security Design
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University

2002

24. Computing Equilibria in Finance Economies
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (6)
    Also in GE, Growth, Math methods, EconWPA (2001) View citations (1)
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (2000) View citations (2)
    See also Journal Article in Mathematics of Operations Research (2002)
25. Testable Implications of General Equilibrium Theory: a differentiable approach
    Working Papers, Brown University, Department of Economics View citations (12)
    See also Journal Article in Journal of Mathematical Economics (2004)

2001

26. Asset Pricing in Models with incomplete markets and default
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (6)
27. Intergenerational Risk Sharing: Myth or Possibility
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (2)
28. Stationary Equilibria in Asset-Pricing Models with Incomplete Markets and Collateral
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (16)
    See also Journal Article in Econometrica (2003)

2000

29. Asset Trading Volume with Dynamically Complete Markets and Heterogeneous Agents
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
    See also Journal Article in Journal of Finance (2003)
30. INCOMPLETE MARKETS, TRANSITORY SHOCKS AND WELFARE
    Computing in Economics and Finance 2000, Society for Computational Economics View citations (2)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (2000) View citations (10)
    Levine's Working Paper Archive, David K. Levine (2000) View citations (3)
    See also Journal Article in Review of Economic Dynamics (2001)
31. The Identification of Preferences from Equilibrium Prices
    Working Papers, HAL
    Also in Working Papers, HAL (1999)
    CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (2000) View citations (7)
32. The Identification of Preferences from Equilibrium Prices under Uncertainty
    Working Papers, HAL
    Also in Les Cahiers de Recherche, HEC Paris (2000) View citations (10)
    CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (2000) View citations (5)
    See also Journal Article in Journal of Economic Theory (2002)
33. The Robustness of CAPM-A Computational Approach
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (2)
34. The Robustness of the CAPM-A Computational Approach
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (2)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1999)

Undated

35. Bond Ladders and Optimal Portfolios
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute
    See also Journal Article in Review of Financial Studies (2011)

Journal Articles

2017

1. Recursive Equilibria in Dynamic Economies With Stochastic Production
   Econometrica, 2017, 85, 1467-1499
2. The Identification of Beliefs From Asset Demand
   Econometrica, 2017, 85, 1219-1238
   See also Working Paper (2015)
3. What Are Asset Demand Tests of Expected Utility Really Testing?
   Economic Journal, 2017, (601), 784-808

2015

4. COLLATERAL REQUIREMENTS AND ASSET PRICES
   International Economic Review, 2015, 56, 1-25 View citations (4)
   See also Working Paper (2013)
5. Dynamic Competitive Economies with Complete Markets and Collateral Constraints
   Review of Economic Studies, 2015, 82, (3), 1119-1153 View citations (9)
   See also Working Paper (2012)
6. Margin regulation and volatility
   Journal of Monetary Economics, 2015, 75, (C), 54-68 View citations (2)
   See also Working Paper (2014)

2014

7. Asset Demand Based Tests of Expected Utility Maximization
   American Economic Review, 2014, 104, (11), 3459-80 View citations (5)
8. When Is a Risky Asset "Urgently Needed"?
   American Economic Journal: Microeconomics, 2014, 6, (2), 131-62 View citations (1)

2013

9. Inferior Good and Giffen Behavior for Investing and Borrowing
   American Economic Review, 2013, 103, (2), 1034-53 View citations (3)

2012

10. Financial Innovation and Asset Price Volatility
    American Economic Review, 2012, 102, (3), 147-51 View citations (5)
11. Recursive Contracts, Lotteries and Weakly Concave Pareto Sets
    Review of Economic Dynamics, 2012, 15, (4), 479-500 View citations (7)
    See also Working Paper (2011)
12. Regulating collateral-requirements when markets are incomplete
    Journal of Economic Theory, 2012, 147, (2), 450-476 View citations (20)

2011

13. Bond Ladders and Optimal Portfolios
    Review of Financial Studies, 2011, 24, (12), 4123-4166
    See also Working Paper
14. Social security and risk sharing
    Journal of Economic Theory, 2011, 146, (3), 1078-1106 View citations (12)
    See also Working Paper (2009)
15. Solving the multi-country real business cycle model using a Smolyak-collocation method
    Journal of Economic Dynamics and Control, 2011, 35, (2), 229-239 View citations (34)
16. Verifying Competitive Equilibria in Dynamic Economies
    Review of Economic Studies, 2011, 78, (4), 1379-1399 View citations (1)

2010

17. Competitive equilibria in semi-algebraic economies
    Journal of Economic Theory, 2010, 145, (1), 301-330 View citations (11)
18. Non-parametric counterfactual analysis in dynamic general equilibrium
    Economic Theory, 2010, 45, (1), 181-200 View citations (3)
    See also Working Paper (2007)
19. Tackling Multiplicity of Equilibria with Gröbner Bases
    Operations Research, 2010, 58, (4-part-2), 1037-1050 View citations (4)
20. Uniqueness of Steady States in Models with Overlapping Generations
    Journal of the European Economic Association, 2010, 8, (2-3), 635-644 View citations (4)

2007

21. Approximate CAPM When Preferences are CRRA
    Computational Economics, 2007, 29, (1), 13-31
    See also Working Paper (2003)
22. Approximate Generalizations and Computational Experiments
    Econometrica, 2007, 75, (4), 967-992 View citations (2)

2006

23. Borrowing Costs and the Demand for Equity over the Life Cycle
    The Review of Economics and Statistics, 2006, 88, (2), 348-362 View citations (43)
    See also Working Paper (2005)
24. Pareto-Improving Social Security Reform when Financial Markets are Incomplete!?
    American Economic Review, 2006, 96, (3), 737-755 View citations (91)
    See also Working Paper (2005)
25. Reply to "Asset trading volume in infinite-horizon economies with dynamically complete markets and heterogeneous agents: Comment"
    Finance Research Letters, 2006, 3, (2), 102-105 View citations (2)

2005

26. Approximate versus Exact Equilibria in Dynamic Economies
    Econometrica, 2005, 73, (4), 1205-1235 View citations (16)
27. Brown and Kubler on Brainard and Scarf
    American Journal of Economics and Sociology, 2005, 64, (1), 85-87

2004

28. Computing equilibrium in OLG models with stochastic production
    Journal of Economic Dynamics and Control, 2004, 28, (7), 1411-1436 View citations (77)
29. Is intertemporal choice theory testable?
    Journal of Mathematical Economics, 2004, 40, (1-2), 177-189 View citations (5)
30. Stationary Markov equilibria for overlapping generations
    Economic Theory, 2004, 24, (3), 623-643 View citations (23)
31. Testable implications of general equilibrium theory: a differentiable approach
    Journal of Mathematical Economics, 2004, 40, (1-2), 105-119 View citations (18)
    See also Working Paper (2002)

2003

32. Asset Trading Volume with Dynamically Complete Markets and Heterogeneous Agents
    Journal of Finance, 2003, 58, (5), 2203-2218 View citations (18)
    See also Working Paper (2000)
33. Foreword to the Symposium in Honor of Mordecai Kurz
    Economic Theory, 2003, 21, (2), 215-216
34. Generic inefficiency of equilibria in the general equilibrium model with incomplete asset markets and infinite time
    Economic Theory, 2003, 22, (1), 1-15 View citations (5)
35. Observable restrictions of general equilibrium models with financial markets
    Journal of Economic Theory, 2003, 110, (1), 137-153 View citations (17)
36. Stationary Equilibria in Asset-Pricing Models with Incomplete Markets and Collateral
    Econometrica, 2003, 71, (6), 1767-1793 View citations (88)
    See also Working Paper (2001)

2002

37. Computing Equilibria in Finance Economies
    Mathematics of Operations Research, 2002, 27, (4), 637-646
    See also Working Paper (2002)
38. Intergenerational Risk-Sharing via Social Security when Financial Markets Are Incomplete
    American Economic Review, 2002, 92, (2), 407-410 View citations (36)
39. RECURSIVE EQUILIBRIA IN ECONOMIES WITH INCOMPLETE MARKETS
    Macroeconomic Dynamics, 2002, 6, (02), 284-306 View citations (41)
40. The Identification of Preferences from Equilibrium Prices under Uncertainty
    Journal of Economic Theory, 2002, 102, (2), 403-420 View citations (17)
    See also Working Paper (2000)

2001

41. Computable general equilibrium with financial markets
    Economic Theory, 2001, 18, (1), 73-96 View citations (3)
42. Incomplete Markets, Transitory Shocks, and Welfare
    Review of Economic Dynamics, 2001, 4, (4), 747-766 View citations (9)
    See also Working Paper (2000)

2000

43. Computing Equilibria in Stochastic Finance Economies
    Computational Economics, 2000, 15, (1-2), 145-72 View citations (7)
44. Computing equilibria in infinite-horizon finance economies: The case of one asset
    Journal of Economic Dynamics and Control, 2000, 24, (5-7), 1047-1078 View citations (8)

Books

2008

1. Computational Aspects of General Equilibrium Theory
   Lecture Notes in Economics and Mathematical Systems, Springer View citations (1)

Editor

1. Journal of Mathematical Economics
   Elsevier