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Global imbalances and currency wars at the ZLB

Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, … - 2015

Persistent link: https://www.econbiz.de/10011416957

Safe asset scarcity and aggregate demand

Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, … - 2016

Persistent link: https://www.econbiz.de/10011451779

Global imbalances and currency wars at the ZLB

Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, … - 2015

Persistent link: https://www.econbiz.de/10011399217

Rents, technical change, and risk premia : accounting for secular trends in interest rates, returns on capital, earning yields, and factor shares

Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, … - 2017

Persistent link: https://www.econbiz.de/10011615768

Rents, technical change, and risk premia : accounting for secular trends in interest rates, returns on capital, earning yields, and factor shares

Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, … - 2017

Persistent link: https://www.econbiz.de/10011636255

Rents, technical change, and risk premia : accounting for secular trends in interest rates, returns on capital, earning yields, and factor shares

Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, … - 2017

The secular decline in safe interest rates since the early 1980s has been the subject of considerable attention. In this short paper, we argue that it is important to consider the evolution of safe real rates in conjunction with three other first-order macroeconomic stylized facts: the relative...

Persistent link: https://www.econbiz.de/10011689324