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of 5
pro vyhledávání: '"Morelli, Federico Guglielmo"'
Autor:
Morelli, Federico Guglielmo, Naumann-Woleske, Karl, Benzaquen, Michael, Tarzia, Marco, Bouchaud, Jean-Philippe
In the General Theory, Keynes remarked that the economy's state depends on expectations, and that these expectations can be subject to sudden swings. In this work, we develop a multiple equilibria behavioural business cycle model that can account for
Externí odkaz:
http://arxiv.org/abs/2109.09386
We study a self-reflexive DSGE model with heterogeneous households, aimed at characterising the impact of economic recessions on the different strata of the society. Our framework allows to analyse the combined effect of income inequalities and confi
Externí odkaz:
http://arxiv.org/abs/2101.05588
We investigate a multi-household DSGE model in which past aggregate consumption impacts the confidence, and therefore consumption propensity, of individual households. We find that such a minimal setup is extremely rich, and leads to a variety of rea
Externí odkaz:
http://arxiv.org/abs/1907.07425
Publikováno v:
Proceedings of the National Academy of Sciences of the United States of America, 2020 Apr . 117(17), 9244-9249.
Externí odkaz:
https://www.jstor.org/stable/26929928