Search Results - subject:"aggregate risk"

Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity

Caramp, Nicolas; Silva, Dejanir H. - 2024

We study the role of asset revaluation in the monetary transmission mechanism. We build an analytical heterogeneous-agents model with two main ingredients: i) rare disasters; ii) heterogeneous beliefs. The model captures time-varying risk premia and precautionary savings in a setting that nests...

Persistent link: https://www.econbiz.de/10014534395

Anatomy of consumption risk

Guiso, Luigi; Jappelli, Tullio - 2024

Persistent link: https://www.econbiz.de/10015177319

International aggregate risk : Effects on financial stability

Lucchetta, Marcella - In: Economics letters 240 (2024), pp. 1-3

Persistent link: https://www.econbiz.de/10015076865

Monetary policy and wealth effects : the role of risk and heterogeneity

Caramp, Nicolas; Silva, Dejanir H. - 2024

Persistent link: https://www.econbiz.de/10014514921

Rural-urban migration as a risk coping strategy: The role of income differentials

Démurger, Sylvie; Khelifa, Siwar; Rey, Béatrice - 2023

This paper investigates how rural-urban income differentials interact with the risk coping motive to shape households' migration behavior. Using a model of migration behavior under agricultural income risk, our theoretical results suggest that while income differentials remain crucial in...

Persistent link: https://www.econbiz.de/10014476333

Dependent metaverse risk forecasts with heteroskedastic models and ensemble learning

Syuhada, Kreshna; Tjahjono, Venansius; Hakim, Arief - In: Risks : open access journal 11 (2023) 2, pp. 1-25

combination with Bitcoin. To measure their risk, we proposed a modified aggregate risk measure (AggM) defined as a convex … the latter outperformed the former when forecasting volatility and aggregate risk measures. In particular, the AggM …

Persistent link: https://www.econbiz.de/10014234332