A Risk-Centric Model of Demand Recessions and Speculation*
© 2020 The Author(s) 2020. Published by Oxford University Press on behalf of President and Fellows of Harvard College. 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,...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Oxford University Press (OUP)
2022
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| Online Access: | https://hdl.handle.net/1721.1/144451 |