Macroeconomic implications of time-varying risk premia
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More about this item
Keywords
business cycles; credit spreads; investment; rare events; risk premia;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2012-09-16 (Dynamic General Equilibrium)
- NEP-MAC-2012-09-16 (Macroeconomics)
- NEP-UPT-2012-09-16 (Utility Models & Prospect Theory)
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