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American Economic Review: Vol. 98 No. 2 (May 2008)

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Variable Rare Disasters: A Tractable Theory of Ten Puzzles in Macro-finance

Article Citation

Gabaix, Xavier. 2008. "Variable Rare Disasters: A Tractable Theory of Ten Puzzles in Macro-finance." American Economic Review, 98(2): 64-67.

DOI: 10.1257/aer.98.2.64

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Authors

Gabaix, Xavier (NYU)

JEL Classifications

E32: Business Fluctuations; Cycles
E43: Determination of Interest Rates; Term Structure of Interest Rates
E44: Financial Markets and the Macroeconomy
G12: Asset Pricing; Trading volume; Bond Interest Rates


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