Zobrazeno 1 - 10
of 39
pro vyhledávání: '"Alexander W. Richter"'
Publikováno v:
Review of Economic Dynamics. 44:225-243
Macroeconomic uncertainty regularly fluctuates in the data. Theory suggests complementarity between capital and labor inputs in production can generate time-varying endogenous uncertainty because the concavity in the production function influences ho
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::90f038bfaf6ebc4d36de7a636868017a
https://doi.org/10.1016/j.red.2021.03.003
https://doi.org/10.1016/j.red.2021.03.003
Publikováno v:
QUANTITATIVE ECONOMICS
The recent asset pricing literature finds valuation risk is an important determinant of key asset pricing moments. Valuation risk is modelled as a time preference shock within Epstein-Zin recursive utility preferences. While this form of valuation ri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d1f936e469f86bc74eab015968ab53e5
https://doi.org/10.3982/qe1779
https://doi.org/10.3982/qe1779
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c4573ae7e357eac4e299d6ec08b615e4
https://doi.org/10.2139/ssrn.4361693
https://doi.org/10.2139/ssrn.4361693
Publikováno v:
Journal of Monetary Economics. 115:249-264
During the Great Recession, many central banks lowered their policy rate to its zero lower bound (ZLB), creating a kink in the policy rule and calling into question linear estimation methods. There are two promising alternatives: estimate a fully non
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3cd50f70af40874f2459d525c9b2f624
https://doi.org/10.1016/j.jmoneco.2019.06.007
https://doi.org/10.1016/j.jmoneco.2019.06.007
Publikováno v:
Federal Reserve Bank of Dallas, Working Papers. 2021
This paper uses a battery of calibrated and estimated structural models to determine the causal drivers of the negative correlation between output and aggregate uncertainty. We find the transmission of uncertainty shocks to output is weak, while aggr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::58dc7d17d3e2e2ce2582a8d0583d55b3
https://doi.org/10.24149/wp2109
https://doi.org/10.24149/wp2109
Autor:
Bernhard Kölmel, Philip Buthmann, Jonas Wirth, Hochschule Pforzheim, Lukas Waidelich, Alexander W. Richter
Publikováno v:
ERP Management. 2019:28-31
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::aee2cbe8b2f9f34b1313e86d488f0bfe
https://doi.org/10.30844/erp19-3_28-31
https://doi.org/10.30844/erp19-3_28-31
Publikováno v:
Federal Reserve Bank of Dallas, Working Papers. 2021
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f13d4aefa85c337419cb781d8a01d199
https://doi.org/10.24149/wp2106
https://doi.org/10.24149/wp2106
Publikováno v:
Federal Reserve Bank of Dallas, Working Papers. 2020
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ad0ced52eec663f7a887f99868b443ee
https://doi.org/10.24149/wp2018r1
https://doi.org/10.24149/wp2018r1
Publikováno v:
Federal Reserve Bank of Dallas, Working Papers. 2020
This paper estimates a real business cycle model with unemployment driven by shocks to labor productivity and the job separation rate. We make two contributions. First, we develop a new identification scheme based on the matching elasticity that allo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::be8fc25b6a6f983a3d05e4bb4132f874
https://doi.org/10.24149/wp2026
https://doi.org/10.24149/wp2026
Publikováno v:
Federal Reserve Bank of Dallas, Working Papers. 2020
This paper examines the response of the U.S. labor market to a large and persistent job separation rate shock, motivated by the ongoing economic effects of the COVID-19 pandemic. We use nonlinear methods to analytically and numerically characterize t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::991bf8e4446975bed867c5994d61e976
https://doi.org/10.24149/wp2010
https://doi.org/10.24149/wp2010