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,...

Full description

Bibliographic Details
Main Authors: Caballero, Ricardo J (Author), Simsek, Alp (Author)
Format: Article
Language:English
Published: Oxford University Press (OUP), 2022-08-26T12:43:37Z.
Subjects:
Online Access:Get fulltext