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This paper considers the business cycle, asset pricing, and welfare e ects of increased risk aversion, while holding intertemporal substitution preferences constant. I show that increasing risk(More)
Invariant chain (Ii), a membrane glycoprotein, binds class II major histocompatibility complex (MHC) glycoproteins, probably via its class II-associated Ii peptide (CLIP) segment, and escorts them(More)
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