A Risk-Centric Model of Demand Recessions and Speculation*
© 2020 The Author(s) 2020. Published by Oxford University Press on behalf of President and Fellows of Harvard College. We provide a continuous-time "risk-centric"representation of the New Keynesian model, which we use to analyze the interactions between asset prices, financial speculation,...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Oxford University Press (OUP),
2022-08-26T12:43:37Z.
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Subjects: | |
Online Access: | Get fulltext |