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You searched for "cyclical risk aversion"

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CEP Discussion Paper
Policy Design in a Model with Swings in Risk Appetite Bianca De Paoli and Pawel Zabczyk
October 2012
Paper No' CEPDP1170:
Read Abstract | Full Paper (pdf)

JEL Classification: E32; G12


Tags: policy design; cyclical risk aversion; new keynesian model; habit formation

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CEP Discussion Paper
Cyclical Risk Aversion, Precautionary Saving and Monetary Policy Bianca De Paoli and Pawel Zabczyk
March 2012
Paper No' CEPDP1132:
Read Abstract | Full Paper (pdf)

JEL Classification: E32; G12


Tags: precautionary saving; monetary policy; cyclical risk aversion; macro-finance; non-linearities