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  3. American Economic Review
  4. May 2008
  5. Variable Rare Disasters: A Tractable Theory of Ten Puzzles in Macro-finance

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

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

  • Xavier Gabaix
American Economic Review
vol. 98, no. 2, May 2008
(pp. 64–67)
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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

JEL Classification

  • 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