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Results tagged with finance
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user 7008
Finance describes the management, creation and study of money, banking, credit, investments, assets and liabilities that make up financial systems, as well as the study of those financial instruments.
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Barro's (2009) rare disaster model in the AER: How to derive equation (10)?
In Barro (2009) Rare disasters, asset prices and welfare costs Barro develops a Lucas tree model with Epstein-Zin preferences.
My question concerns the paper's equation (10). In this equation Barro …
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