Zobrazeno 1 - 10
of 57
pro vyhledávání: '"Alp Simsek"'
Publikováno v:
American Economic Review. 111:1613-1657
We provide evidence of the stock market consumption wealth effect by using a local labor market analysis. An increase in local stock wealth driven by aggregate stock prices increases local employment and payroll in nontradable industries and in total
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::353c34c8ddaab0755758da409dea38d2
https://doi.org/10.1257/aer.20200208
https://doi.org/10.1257/aer.20200208
Publikováno v:
American Economic Journal: Macroeconomics. 13:333-372
Financial innovations in recent decades have vastly expanded investors'portfolio choice. We theoretically analyze the eect of gerater choice on investors'savings and asset returns in a model in which investors have possibly heterogeneous beliefs abou
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::40cca364a8283a587c0ba31a8405c8df
https://doi.org/10.1257/mac.20180429
https://doi.org/10.1257/mac.20180429
Autor:
Ricardo J. Caballero, Alp Simsek
Publikováno v:
Journal of Political Economy. 128:2288-2328
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::570c68a6d8418adcb8f4d164738da9ce
https://doi.org/10.1086/705719
https://doi.org/10.1086/705719
Autor:
Alp Simsek, Ricardo J Caballero
Publikováno v:
The Quarterly Journal of Economics. 135:1493-1566
We provide a continuous-time “risk-centric” representation of the New Keynesian model, which we use to analyze the interactions between asset prices, financial speculation, and macroeconomic outcomes when output is determined by aggregate demand.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3f198fdc15adc701d75abf2ea0636b04
https://doi.org/10.1093/qje/qjaa008
https://doi.org/10.1093/qje/qjaa008
Autor:
Ricardo J. Caballero, Alp Simsek
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::269162ea5c54828204c9f869ea86b56f
https://doi.org/10.2139/ssrn.4051249
https://doi.org/10.2139/ssrn.4051249
Autor:
Ricardo J. Caballero, Alp Simsek
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::550aa0761358c886e7c84e5b5f8d46d5
https://doi.org/10.2139/ssrn.4134928
https://doi.org/10.2139/ssrn.4134928
Autor:
Ricardo J. Caballero, Alp Simsek
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::766f1d670e7ed774d7d9a386640211dc
https://doi.org/10.2139/ssrn.4060527
https://doi.org/10.2139/ssrn.4060527
Autor:
Alp Simsek, Rawley Z. Heimer
Publikováno v:
NBER
Does the provision of leverage to retail traders improve market quality or facilitate socially inefficient speculation that enriches financial intermediaries? We evaluate the effects of 2010 regulations that cap leverage in the U.S. retail foreign ex
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4280fced90bc88196345e2325ad90bd8
https://doi.org/10.1016/j.jfineco.2018.10.017
https://doi.org/10.1016/j.jfineco.2018.10.017