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Economic Implications of Extreme and Rare Events

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  • Chollete, Loran

    () (University of Stavanger)

  • Jaffee, Dwight

    (University of California, Berkeley)

Abstract

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Suggested Citation

  • Chollete, Loran & Jaffee, Dwight, 2009. "Economic Implications of Extreme and Rare Events," UiS Working Papers in Economics and Finance 2009/32, University of Stavanger.
  • Handle: RePEc:hhs:stavef:2009_032
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    File URL: http://www1.uis.no/ansatt/odegaard/uis_wps_econ_fin/uis_wps_2009_32_chollete_jaffee.pdf
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    More about this item

    Keywords

    Endogenous Probabilities; Extreme Events; Financial Environment; Informational Costs; Regime Shifts;

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G01 - Financial Economics - - General - - - Financial Crises
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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