Showing 1 - 10 of 11,841
Persistent link: https://www.econbiz.de/10011494169
Persistent link: https://www.econbiz.de/10003908498
This paper uses an estimated Heterogeneous Agent New Keynesian (HANK) model to evaluate the quantitative importance of two channels in driving aggre- gate consumption fluctuations in the US: (i) precautionary savings against un- employment risk and (ii) MPC heterogeneity. I find that MPC...
Persistent link: https://www.econbiz.de/10014308595
Persistent link: https://www.econbiz.de/10008934665
Persistent link: https://www.econbiz.de/10011758046
Persistent link: https://www.econbiz.de/10009551883
Persistent link: https://www.econbiz.de/10011805468
Persistent link: https://www.econbiz.de/10012667922
This paper studies the theoretical effects of changes in disaster risk on macroeconomic variables in five Latin American economies. It compares country-specific variants of the New Keynesian model with disaster risk developed by Isoré and Szczerbowicz (2017). Countries with higher price...
Persistent link: https://www.econbiz.de/10011853521
Persistent link: https://www.econbiz.de/10015070987