Zobrazeno 1 - 10
of 29
pro vyhledávání: '"Luigi Bocola"'
Autor:
Luigi Bocola, Guido Lorenzoni
Publikováno v:
Journal of Political Economy. 131:595-632
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4f1d5251aad1e78bec5ec1b54d37e659
https://doi.org/10.1086/722088
https://doi.org/10.1086/722088
Publikováno v:
Research Department Staff Reports (Federal Reserve Bank of Minneapolis); Feb2024, Issue 656, preceding p1-66, 67p
Publikováno v:
The Quarterly Journal of Economics.
This article studies the macroeconomic implications of imperfect risk sharing implied by a class of New Keynesian models with heterogeneous agents. The models in this class can be equivalently represented as a representative-agent economy with wedges
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::055517b3685790ad7a79b6e244a48667
https://doi.org/10.1093/qje/qjad013
https://doi.org/10.1093/qje/qjad013
Autor:
Guido Lorenzoni, Luigi Bocola
Publikováno v:
American Economic Review. 110:2524-2557
Foreign currency debt is considered a source of financial instability in emerging markets. We propose a theory in which liability dollarization arises from an insurance motive of domestic savers. Since financial crises are associated to depreciations
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e9790769bd61394e568cc01c69a07257
https://doi.org/10.1257/aer.20180830
https://doi.org/10.1257/aer.20180830
Autor:
Luigi Bocola, Alessandro Dovis
Publikováno v:
American Economic Review. 109:4343-4377
This paper investigates the role of self-fulfilling expectations in sovereign bond markets. We consider a model of sovereign borrowing featuring endogenous debt maturity, risk-averse lenders, and self-fulfilling crises à la Cole and Kehoe (2000). In
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6b9145690e5d88c453b145ab759da153
https://doi.org/10.1257/aer.20161471
https://doi.org/10.1257/aer.20161471
Publikováno v:
Journal of International Economics. 118:20-30
A large literature has developed quantitative versions of the Eaton and Gersovitz (1981) model to analyze default episodes on external debt. In this paper, we study whether the same framework can be applied to the analysis of debt crises in which dom
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::253e41a3ea3c1c9572ea5a7b945c4081
https://doi.org/10.1016/j.jinteco.2019.01.011
https://doi.org/10.1016/j.jinteco.2019.01.011
Autor:
Alberto Martin, Alejandro Werner, Andrew Powell, Arturo José Galindo, Carlos Esquivel, Carlos Fernández Valdovinos, Carlos Gustavo Machicado Salas, Carlos Javier Charotti, Carlos Végh, César Martinelli, Daniel Osorio, David Perez-Reyna, Diego Restuccia, Diego Saravia, Eduardo Fernández Arias, Fabrizio Perri, Felipe González Soley, Felipe Meza, Fernando Alvarez, Francisco J. Buera, Gabriel Oddone, Guillermo Calvo, Joaquín Marandino, José A. Scheinkman, José Peres Cajías, Julián P. Díaz, Lars Peter Hansen, Luigi Bocola, Manuel Amador, Marco Vega, Mark Aguiar, Pablo Andrés Neumeyer, Roberto Chang, Rodrigo Caputo, Saki Bigio, Sebastian Edwards, Simón Cueva, Teresa Ter-Minassian, Thomas Sargent
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9e3b643048b2da50cf17d413198649c4
https://doi.org/10.5749/9781452966120
https://doi.org/10.5749/9781452966120
Autor:
Luigi Bocola, Guido Lorenzoni
Financial crises typically arise because firms and financial institutions choose balance sheets that expose them to aggregate risk. We propose a theory to explain these risk exposures. We study a financial accelerator model where entrepreneurs can is
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1e62007ea3ff4a0e4c39d1ab33fe0694
https://doi.org/10.3386/w26985
https://doi.org/10.3386/w26985
Publikováno v:
Journal of Economic Dynamics and Control. 83:34-54
We develop a new class of time series models to identify nonlinearities in the data and to evaluate DSGE models. U.S. output growth and the federal funds rate display nonlinear conditional mean dynamics, while inflation and nominal wage growth featur
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::56a831ecb2c12e2c95c7cdba4d6c7c29
https://doi.org/10.1016/j.jedc.2017.07.006
https://doi.org/10.1016/j.jedc.2017.07.006