Monetary policy rules and the equity premium in a segmented markets model
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DOI: 10.1016/j.jmacro.2022.103448
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More about this item
Keywords
Risk-sharing; Segmented financial markets; Asset prices;All these keywords.
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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