Narrow search
Showing 1 - 10 of 149
Cover Image
The dynamics of work and debt
Campbell, Jeffrey R. (contributor);  … - 2004 - [Elektronische Ressource]
of interest, so it would otherwise finance increased current consumption by borrowing against future wages. Collateral …
Persistent link: https://www.econbiz.de/10001952270
Cover Image
The pitfalls in inferring risk from financial market data
Bliss, Robert R. (contributor) - 2000 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001658371
Cover Image
AIG in Hindsight
McDonald, Robert; Paulson, Anna L. - Federal Reserve Bank of Chicago - 2014
The near-failure on September 16, 2008, of American International Group (AIG) was an iconic moment in the financial crisis. The decision to rescue AIG was controversial at the time and remains so. Large bets on real estate pushed AIG to the brink of bankruptcy. In one case, AIG used securities...
Persistent link: https://www.econbiz.de/10011093787
Cover Image
Human Capital Risk, Contract Enforcement, and the Macroeconomy
Krebs, Tom; Kuhn, Moritz; Wright, Mark L. J. - Federal Reserve Bank of Chicago - 2014
households with children are under-insured against the risk that an adult member of the household dies. We develop a tractable … macroeconomic model with human capital risk, age-dependent returns to human capital investment, and endogenous borrowing constraints … capital risk. A calibrated version of the model can quantitatively account for the life-cycle variation of life …
Persistent link: https://www.econbiz.de/10011093784
Cover Image
U.S. Economic Outlook
Moskow, Michael H. - Federal Reserve Bank of Chicago - 2007
Remarks by Michael H. Moskow President and Chief Executive Officer Federal Reserve Bank of Chicago. University Club of Chicago - Learn at Lunch Lecture - 76 E. Monroe St., Chicago, IL. A speech delivered on February 16, 2007 in Chicago, Illinois.
Persistent link: https://www.econbiz.de/10010747531
Cover Image
Economic perspectives
Federal Reserve Bank of Chicago - Chicago, Ill. : Research Dept. of the Federal Reserve Bank - 1.1977 - 6.1982; 13.1989 -
Persistent link: https://www.econbiz.de/10000361175
Cover Image
Platform competition in two-sided markets : the case of payment networks
Chakravorti, Sujit (contributor); Roson, Roberto (contributor) - 2004
Persistent link: https://www.econbiz.de/10002677519
Cover Image
Firing costs and business cycle fluctuations
Veracierto, Marcelo (contributor) - 2003 - [Elektronische Ressource]
"This paper evaluates to what extent the introduction of firing costs can affect the aggregate dynamics of a neoclassical growth model with hetrogeneous establishments. Similarly to the previous literature, firing costs are found to have large steady- state effcts. However, they have no...
Persistent link: https://www.econbiz.de/10001909318
Cover Image
The immediacy implications of exchange organization
Moser, James T. (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001697094