Showing 1 - 10 of 13,106
Persistent link: https://www.econbiz.de/10003022405
Persistent link: https://www.econbiz.de/10003847993
We introduce long-run investment productivity risk in a two-sector production economy to explain the joint behavior of macroeconomic quantities and asset prices. Long-run productivity risk in both sectors, for which we provide economic and empirical justification, acts as a substitute for shocks...
Persistent link: https://www.econbiz.de/10011440249
Persistent link: https://www.econbiz.de/10001823282
Persistent link: https://www.econbiz.de/10011721016
Persistent link: https://www.econbiz.de/10003290930
Persistent link: https://www.econbiz.de/10001646494
Persistent link: https://www.econbiz.de/10001410989
Persistent link: https://www.econbiz.de/10003775249
Persistent link: https://www.econbiz.de/10009303207