Financial Innovations and Macroeconomic Volatility

Urban Jermann and Vincenzo Quadrini

No 50, 2007 Meeting Papers from Society for Economic Dynamics

Abstract: analysis shows that innovations that have allowed firms to issue equity more flexibly can plausibly account for the lower output volatility together with the higher volatility in the financial structure of firms.

Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2007/paper_50.pdf (application/pdf)

Related works:
Journal Article: Financial innovations and macroeconomic volatility (2006)
Working Paper: Financial Innovations and Macroeconomic Volatility (2006)
Working Paper: Financial Innovations and Macroeconomic Volatility (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed007:50

Access Statistics for this paper

More papers in 2007 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().