Zobrazeno 1 - 10
of 18
pro vyhledávání: '"Martin S. Eichenbaum"'
Publikováno v:
The Review of Financial Studies. 34:5149-5187
We extend the canonical epidemiology model to study the interaction between economic decisions and epidemics. Our model implies that people cut back on consumption and work to reduce the chances of being infected. These decisions reduce the severity
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c6d1bd02124d0cd8c5c73d628d767ea6
https://doi.org/10.1093/rfs/hhab040
https://doi.org/10.1093/rfs/hhab040
Publikováno v:
Journal of Economic Dynamics and Control. 138:104337
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::647ac5421a99e8625b7c5ad8111236a9
https://doi.org/10.1016/j.jedc.2022.104337
https://doi.org/10.1016/j.jedc.2022.104337
Standard representative-agent models have difficulty in accounting for the weak correlation between stock returns and measurable fundamentals, such as consumption and output growth. This failing underlies virtually all modern asset-pricing puzzles. T
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::4d710e64edfabaa77716f254bfceab6c
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=9262
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=9262
Autor:
Martin S. Eichenbaum
Publikováno v:
NBER Macroeconomics Annual. 29(1):129-129
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::49b3da27b04c8da63519eea707e9aa9f
This paper investigates empirically a model of aggregate consumption and leisure decisions in which goods and leisure provide services over time. The implied time non-separability of preferences introduces an endogenous source of dynamics which affec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::7940be3116b49f088fbd62ec2eee23dd
http://www.nber.org/papers/w1981.pdf
http://www.nber.org/papers/w1981.pdf
This paper examines the quantitative importance of temporal aggregation bias in distorting parameter estimates and hypothesis tests. Our strategy is to consider two empirical examples in which temporal aggregation bias has the potential to account fo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::123bbdb150ab7d22f0a99dadefbe2a1e
http://www.nber.org/papers/t0060.pdf
http://www.nber.org/papers/t0060.pdf