American Economic Review· 2013Q1
Risk Shocks
- 1,214citations
- Q1SCImago
- 2013year
Short summary
Fluctuations in 'risk' (volatility of cross-sectional idiosyncratic uncertainty) are the most important shock driving the US business cycle, according to a monetary dynamic general equilibrium model augmented with a financial accelerator.
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Sign in on the web to openField: General Economics, Econometrics and Finance
General Economics, Econometrics and FinanceEconomics, Econometrics and Finance