Debt, equity and the Equity price puzzle
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More about this item
Keywords
liquidity shocks; collateral constraints; stock prices; comovement;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2016-02-17 (Dynamic General Equilibrium)
- NEP-MAC-2016-02-17 (Macroeconomics)
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