risk premia

Publication date: 5 Jul 2016 | Publication type: Journal article/book/chapter | Theme: Macroeconomics | Authors: Carreras, O, Kirby, S, Meaning, J, Piggott, R | Journal: Economic Modelling Vol. 58 Issue November 2016 | Pages: 339-350 | Publisher: Elsevier, Oxford
This paper presents a framework for modelling important socio-economic events in order to provide an informative counterfactual. This involves mapping the deep underlying shock associated with the event itself into a series of more tractable shocks consistent with the model being applied and...
Publication date: 20 Jun 2016 | Publication type: NIESR Discussion Paper | Theme: Macroeconomics | Authors: Kirby, S, Carreras, O, Meaning, J, Piggott, R | JEL classification: D80, E17, E27, E65 | NIESR discussion paper number: 461
This paper presents a framework for modelling important socio-economic events in order to provide an informative counterfactual. This involves mapping the deep underlying shock associated with the event itself into a series of more tractable shocks consistent with the model being applied and...