Asset Prices in Affine Real Business Cycle Models /

We develop a tractable way to solve for equilibrium quantities and asset prices in a class of real business cycle models featuring Epstein-Zin preferences and affine dynamics for productivity growth and volatility. The method relies on log-linearization and exploits the log-normality of all the quan...

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Dades bibliogràfiques
Autor principal: Shamloo, Maral
Altres autors: Malkhozov, Aytek
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/249
Accés en línia:Full text available on IMF