{"has_more":true,"total_items":38,"items":[{"issue":3,"vg_id":0,"published_date":2006,"journal":"J. Econ","volume":121,"title":"Rare Disasters and Asset Markets in the Twentieth Century","authors":[{"author_name":"Robert J Barro"}],"doi":"https://doi.org/10.1162/qjec.121.3.823"},{"vg_id":0,"published_date":1988,"journal":"Tractable Rare Disaster Probability and Options-Pricing","volume":117,"title":"The Equity Risk Premium: A Solution, 22","authors":[{"author_name":"J Robert"},{"author_name":" Barro & Gordon"},{"author_name":" Liao"}]},{"vg_id":0,"published_date":1985,"journal":"The Equity Premium: A Puzzle, 15 J. Monetary Econ","title":"The extent to which \"rare disasters\" resolve the equity premium puzzle is of course disputed and the \"puzzle\" is still open. Nevertheless it seems certainly the case that the prospect of extreme shocks -which repetitively recur albeit in different ways -is indeed a systematic risk factor. Given the state of asset pricing models","authors":[{"author_name":"Rajnish Mehra"},{"author_name":"& Edward"},{"author_name":"C Prescott"}]},{"vg_id":0,"journal":"The effort to quantify the return effects of extreme downside risk has been the subject of several recent papers"}]}