Sigmoidal dynamics of macro-financial leverage
Logistic sigmoids due to their flexibility seem to be natural candidates for modelling macrofinancial leverage behavior. The sigmoidal leverage transition towards its stationary value, which was driven by the yield spreads, could have replicated the dynamics of macrofinancial assets, debt and capita...
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| Format: | Article |
| Language: | English |
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AIMS Press
2023-03-01
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| Series: | Quantitative Finance and Economics |
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| Online Access: | https://www.aimspress.com/article/doi/10.3934/QFE.2023008?viewType=HTML |