Automated Author Profile

Chien, YiLi

Current S-Index

3.8

Sum of Dataset Indices for all datasets

Average Dataset Index per Dataset

1.9

Average Dataset Index per dataset

Total Datasets

2

Total datasets for this author

Average FAIR Score

69.2%

Average FAIR Score per dataset

Total Citations

1

Total citations to the author's datasets

Total Mentions

0

Total mentions of the author's datasets

S-Index Interpretation

S-Index Over Time

Cumulative Citations Over Time

Cumulative Mentions Over Time

Datasets

Replication data for: Is the Volatility of the Market Price of Risk Due to Intermittent Portfolio Rebalancing? (Version: 1)

Our paper examines whether the failure of unsophisticated investors to rebalance their portfolios can help to explain the countercyclical volatility of aggregate risk compensation in financial markets. To answer this question, we set up a model in which a large mass of investors do not rebalance their portfolio shares in response to aggregate shocks, while a smaller mass of active investors do. We find that intermittent rebalancers more than double the effect of aggregate shocks on the time variation in risk premia by forcing active traders to sell more shares in good times and buy more shares in bad times. (JEL D14, E32, G11, G12)

Authors

  • Chien, YiLi ;
  • Cole, Harold ;
  • Lustig, Hanno
0 Citations0 Mentions69% FAIR1.7 Dataset Index
10.3886/e116108v1January 2012

Replication data for: Is the Volatility of the Market Price of Risk Due to Intermittent Portfolio Rebalancing? (Version: V0)

Our paper examines whether the failure of unsophisticated investors to rebalance their portfolios can help to explain the countercyclical volatility of aggregate risk compensation in financial markets. To answer this question, we set up a model in which a large mass of investors do not rebalance their portfolio shares in response to aggregate shocks, while a smaller mass of active investors do. We find that intermittent rebalancers more than double the effect of aggregate shocks on the time variation in risk premia by forcing active traders to sell more shares in good times and buy more shares in bad times. (JEL D14, E32, G11, G12)

Authors

  • Chien, YiLi ;
  • Cole, Harold ;
  • Lustig, Hanno
1 Citation0 Mentions69% FAIR2.0 Dataset Index
10.3886/e116108January 2012