Showing 1 - 10 of 531
Persistent link: https://www.econbiz.de/10003946165
Persistent link: https://www.econbiz.de/10011641025
Persistent link: https://www.econbiz.de/10008906886
Persistent link: https://www.econbiz.de/10003952045
This paper measures the effects on the primary U.S. mortgage market of the large-scale asset purchase (LSAP) program in which the Federal Reserve bought $1.25 trillion of mortgagebacked securities in 2009 and 2010. We use an event-study approach and measure the movements in both prices and...
Persistent link: https://www.econbiz.de/10008657935
Shiller (2003) and others have argued for the creation of financial instruments that allow households to insure risks associated with their lifetime labor income. In this paper, we argue that while the purpose of such assets is to smooth consumption across states of nature, one must also...
Persistent link: https://www.econbiz.de/10008658455
Persistent link: https://www.econbiz.de/10009376166
Persistent link: https://www.econbiz.de/10009305606
Persistent link: https://www.econbiz.de/10009489551
Persistent link: https://www.econbiz.de/10011289291