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Credit search and credit cycles
Dong, Feng; Wang, Pengfei; Wen, Yi - In: Economic theory : official journal of the Society for … 61 (2016) 2, pp. 215-239
Persistent link: https://www.econbiz.de/10011479813
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Credit search and credit cycles
Dong, Feng; Wang, Pengfei; Wen, Yi - 2015 - This version: August 2015
Persistent link: https://www.econbiz.de/10011392252
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Flight to what? : dissecting liquidity shortages in the financial crisis
Dong, Feng; Wen, Yi - 2017 - This version: August, 2017
We endogenize the liquidity and the quality of private assets in a tractable incomplete-market model with heterogeneous agents. The model decomposes the convenience yield of government bond into a "liquidity premium" (flight to liquidity) and a "safety premium" (flight to quality) over the...
Persistent link: https://www.econbiz.de/10011780935
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Comment on Long and Plosser meet Bewley and Lucas
Khan, Aubhik - In: Journal of monetary economics 102 (2019), pp. 93-95
Persistent link: https://www.econbiz.de/10012264884
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Sentiments and aggregate demand fluctuations
Benhabib, Jess; Wang, Pengfei; Wen, Yi - In: Econometrica : journal of the Econometric Society, an … 83 (2015) 2, pp. 549-585
Persistent link: https://www.econbiz.de/10011350646
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Financial development and economic volatility : a unified explanation
Wang, Pengfei; Wen, Yi - 2009
Persistent link: https://www.econbiz.de/10003831935
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What inventories tell us about aggregate fluctuations : a tractable approach to (S,s) policies
Wang, Pengfei; Wen, Yi; Xu, Zhiwei - 2012
Persistent link: https://www.econbiz.de/10009667723
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Sentiments and aggregate demand fluctuations
Benhabib, Jess; Wang, Pengfei; Wen, Yi - 2012
Persistent link: https://www.econbiz.de/10009625499
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Sentiments and aggregate demand fluctuations
Benhabib, Jess; Wang, Pengfei; Wen, Yi - 2012
Persistent link: https://www.econbiz.de/10009633279
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What inventories tell us about aggregate fluctuations : a tractable approach to (S,s) policies
Wang, Pengfei; Wen, Yi; Xu, Zhiwei - In: Journal of economic dynamics & control 44 (2014), pp. 196-217
Persistent link: https://www.econbiz.de/10010473564