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Heterogeneous beliefs and routes to complex dynamics in asset pricing models with price contingent contracts

Brock, William A. (contributor); Hommes, Cars H. (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001656894

Policy evaluation in uncertain economic environments

Brock, William A. (contributor); … - 2003 - [Elektronische Ressource],

Persistent link: https://www.econbiz.de/10001929210

Solving OLG models with many cohorts, asset choice and large shocks

Reiter, Michael - 2015

The paper presents a computationally efficient method to solve overlapping gener- ations models with asset choice. The method is used to study an OLG economy with many cohorts, up to 3 different assets, stochastic volatility, short-sale constraints, and subject to rather large technology shocks....

Persistent link: https://www.econbiz.de/10011416011

Agency costs and the monetary transmission mechanism

Reiter, Michael; Sveen, Tommy; Weinke, Lutz - 2017

Once New Keynesian (NK) theory (see, e.g., Woodford 2003) is combined with a standard model of investment (see, e … elasticity of investment, as implied by standard investment theory. In order to address this puzzle we develop a NK model …

Persistent link: https://www.econbiz.de/10011619174