In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis
收藏NBER2021-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28967
下载链接
链接失效反馈官方服务：
资源简介：
We develop a framework to theoretically and empirically analyze the fluctuations of the aggregate stock market. Households allocate capital to institutions, which are fairly constrained, for example operating with a mandate to maintain a fixed equity share or with moderate scope for variation in
提供机构：
美国国家经济研究局
创建时间：
2021-06-01
