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Multi-dimensional risk and the cost of business cycles
Krebs, Tom - In: Review of economic dynamics 9 (2006) 4, pp. 640-658
Persistent link: https://www.econbiz.de/10003387456
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Risk preferences and the welfare cost of business cycles
Dolmas, Jim - In: Review of economic dynamics 1 (1998) 3, pp. 646-676
Persistent link: https://www.econbiz.de/10001245249
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Layoff Risk, the Welfare Cost of Business Cycles, and Monetary Policy
Berger, David - 2019
The strongest predictor of changes in the Fed Funds rate in the period 1982–2008 was the layoff rate. That fact is puzzling from the perspective of representative-agent models of the economy, which imply that the welfare gains of stabilizing employment fluctuations are small. This paper...
Persistent link: https://www.econbiz.de/10012903995
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Model uncertainty, economic development, and welfare costs of business cycles
Okubo, Masakatsu - In: Journal of macroeconomics 76 (2023), pp. 1-17
Persistent link: https://www.econbiz.de/10014333972
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Is ignorance bliss? : the cost of business-cycle uncertainty
Brevik, Frode; D'Addona, Stefano - In: Macroeconomic dynamics 17 (2013) 4, pp. 728-746
Persistent link: https://www.econbiz.de/10009774993
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Fiscal uncertainty, informational externalities and the welfare cost of speculation
DeKock, Gabriel Stephanus Petrus; Grilli, Vittorio U. - 1988 - Rev
Persistent link: https://www.econbiz.de/10000763273
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New activities, the welfare cost of uncertainty and investment policies
Aizenman, Joshua - 1996
Persistent link: https://www.econbiz.de/10000613950
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Fiscal uncertainty, informational externalities and the welfare cost of speculation
DeKock, Gabriel Stephanus Petrus; Grilli, Vittorio U. - 1988
Persistent link: https://www.econbiz.de/10000124916
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Additive damages, fat-tailed climate dynamics, and uncertain discounting
Weitzman, Martin L. - 2009
This paper in applied theory argues that there is a loose chain of reasoning connecting the following three basic links …
Persistent link: https://www.econbiz.de/10003832132
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Additive damages, fat-tailed climate dynamics, and uncertain discounting
Weitzman, Martin L. - 2009
This paper in applied theory argues that there is a loose chain of reasoning connecting the following three basic links …
Persistent link: https://www.econbiz.de/10003904976