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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Xehetasun bibliografikoak
Egile nagusia: Shamloo, Maral
Beste egile batzuk: Malkhozov, Aytek
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/249
Sarrera elektronikoa:Full text available on IMF