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Gourio, François - In: The American economic review 102 (2012) 6, pp. 2734-2766

Persistent link: https://www.econbiz.de/10009710931

Gourio, Francois - 2010

probability of disaster leads to a collapse of investment and a recession, an increase in risk spreads, and a decrease in the … of business cycle dynamics, especially sharp downturns in investment and output such as 2008-IV …

Persistent link: https://www.econbiz.de/10013150731

Disaster Risk and Business Cycles

Gourio, Francois - 2010

prices. An increase in the risk of disaster leads to a collapse of investment and a recession, with no current or future … business cycle dynamics, especially sharp downturns in investment and output such as the last quarter of 2008. This is … risk premia has an important effect on investment and output …

Persistent link: https://www.econbiz.de/10013146622

Disasters Risk and Business Cycles

Gourio, François - 2009

Persistent link: https://www.econbiz.de/10012463250

Financial Market Shocks and the Macroeconomy

Subrahmanyam, Avanidhar - 2013

, by unobserved shocks to participation by informationless traders, and by real investment. The equilibrium relations …

Persistent link: https://www.econbiz.de/10013089186

Financial Market Shocks and the Macroeconomy

Subrahmanyam, Avanidhar - 2013

Feedback from stock prices to cash flows occurs because information revealed by firms' stock prices influences the actions of competitors. We explore the implications of feedback within a noisy rational expectations setting with incumbent publicly traded firms and privately held new entrants. In...

Persistent link: https://www.econbiz.de/10013076911