Optimal contracts, aggregate risk and the financial accelerator
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- Charles T. Carlstrom & Timothy S. Fuerst & Matthias Paustian, 2016. "Optimal Contracts, Aggregate Risk, and the Financial Accelerator," American Economic Journal: Macroeconomics, American Economic Association, vol. 8(1), pages 119-147, January.
- Charles T. Carlstrom & Timothy S. Fuerst & Matthias Paustian, 2014. "Optimal Contracts, Aggregate Risk, and the Financial Accelerator," Working Papers (Old Series) 1420, Federal Reserve Bank of Cleveland.
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More about this item
Keywords
financial accelerator; optimal contracts; aggregate risk;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2015-01-03 (Banking)
- NEP-DGE-2015-01-03 (Dynamic General Equilibrium)
- NEP-MAC-2015-01-03 (Macroeconomics)
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