Macroeconomics

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Macroeconomics 18 records found Search took 0.26 seconds. 
1.
This is the replication package for "Optimal Bank Regulation in the Presence of Credit and Run Risk," published by the Journal of Political Economy in 20 [...]
22 June 2023 | Finance; Macroeconomics | Dataset |
2.
We modify the 1983 Diamond and Dybvig model so that banks offer liquidity services to depositors, raise equity funding, make risky loans, and invest in safe, liquid asset [...]
09 February 2024 | Finance; Macroeconomics | Article |
3.
Financial crises typically occur because firms and financial institutions are highly exposed to aggregate shocks. We propose a theory to explain these exposures. We study [...]
08 February 2023 | Macroeconomics | Article |
4.
We show that multinational firms transmit shocks across countries through their internal capital markets. We study a credit supply shock to parent firms in Germany. Inter [...]
08 April 2024 | Macroeconomics | Article |
5.
We propose a methodology exploiting time diary data and “leisure Engel curves” to infer quality changes across leisure activities and measure the effects on the margi [...]
18 December 2020 | Macroeconomics | Article |
6.
Preferences that accommodate aversion to subjective uncertainty and its potential misspecification in dynamic settings are a valuable tool of analysis in many disciplines [...]
28 August 2018 | Kenneth C. Griffin Department of Economics; Macroeconomics; Microeconomics; Statistics | Article |
7.
This paper develops a method informed by data and models to recover information about investor beliefs. Our approach uses information embedded in forward-looking asset pr [...]
01 December 2020 | Macroeconomics; Microeconomics; Statistics | Article |
8.
Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and its global impacts are unprecedented, decisions are taken in a highly uncert [...]
26 January 2021 | Macroeconomics; Microeconomics; Statistics | Article |
9.
What are “deep uncertainties” and how should their presence influence prudent decisions? To address these questions, we bring ideas from robust control theory into st [...]
23 October 2023 | Kenneth C. Griffin Department of Economics; Finance; Macroeconomics; Statistics | Article |
10.
No abstract
27 January 2009 | Kenneth C. Griffin Department of Economics; Macroeconomics; Microeconomics | Article |
11.
This paper revisits the New Keynesian framework, theoretically and quantitatively, in an economy with multiple sectors and input-output linkages. Analytical expressions f [...]
02 August 2023 | Macroeconomics | Article |
12.
Multinational Enterprises (MNEs) periodically decide on both which products to launch (or phase out) and in which global regions, thereby conducting an integrated product [...]
12 April 2023 | Macroeconomics; Microeconomics | Article |
13.
A decision maker is averse to not knowing a prior over a set of restricted structured models (ambiguity) and suspects that each structured model is misspecified. The deci [...]
12 January 2022 | Kenneth C. Griffin Department of Economics; Finance; Macroeconomics; Statistics; Social Sciences | Article |
14.
We quantify and study state-level economic policy uncertainty. Tapping digital archives for nearly 3500 local newspapers, we construct three monthly indexes for each stat [...]
03 November 2022 | Macroeconomics | Article |
15.
We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards, building on Baker et al. (2016). Each index reflects the frequency of newsp [...]
04 February 2022 | Macroeconomics | Article |
16.
Climate change poses an important policy challenge for governments around the world. The challenge is made all that much more difficult because of the multitude of potent [...]
17 January 2022 | Kenneth C. Griffin Department of Economics; Finance; Macroeconomics; Statistics; Social Sciences | Article |
17.
We study asset pricing implications of a revealing and tractable formulation of smooth ambiguity investor preferences in a continuous-time environment. Investors do not o [...]
30 June 2022 | Kenneth C. Griffin Department of Economics; Finance; Macroeconomics; Statistics; Social Sciences | Article |
18.
We study the transmission of monetary policy through risk premia in a heterogeneous agent New Keynesian environment. Heterogeneity in households' marginal propensity to t [...]
14 October 2022 | Macroeconomics | Article |

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