MacroeconomicsJohns Hopkins UniversityContent License: Creative Commons Attribution 4.0 International (CC-BY-4.0)Credit must be given to the creatorDownloadsDownloadRisk Premia and Precautionary PremiaAuthorsAffiliationsChristopher D. CarrollJohns Hopkins University Econ-ARK Lujan Solis, Alan E.Johns Hopkins University Econ-ARK Figure 1:Risk Premia and Precautionary Saving Premia