scholarly journals News Driven Business Cycles and Data on Asset Prices in Estimated DSGE Models

2011 ◽  
Author(s):  
Stefan Avdjiev
2015 ◽  
Author(s):  
Giuliano Curatola ◽  
Michael Donadelli ◽  
Patrick Grrning ◽  
Christoph Meinerding
Keyword(s):  

Author(s):  
Timothy Bianco ◽  
Filippo Occhino

Falling home and financial asset prices have combined to weaken the average household’s balance sheet, and this has helped to slow down the current recovery. We examine the role that household balance sheets have typically played in postwar business cycles and assess their importance in explaining why some recoveries, including the current one, have been weaker than others.


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