The welfare cost of excess volatility in incomplete markets with sunspots
Minwook Kang
| Year of publication: |
2019
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|---|---|
| Authors: | Kang, Minwook |
| Published in: |
Macroeconomic dynamics. - Cambridge : Cambridge Univ. Press, ISSN 1365-1005, ZDB-ID 1412233-9. - Vol. 23.2019, 3, p. 1062-1073
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| Subject: | Excess Volatility | Market Incompleteness | Price-Level Volatility | Sunspots | Welfare Cost | Unvollkommener Markt | Incomplete market | Volatilität | Volatility | Theorie | Theory | Wohlfahrtsanalyse | Welfare analysis | Soziale Kosten | Social costs | Finanzmarkt | Financial market | Rationale Erwartung | Rational expectations |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1017/S1365100517000141 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012126879