Household Financial Decision-Making and Macroeconomic Fluctuations
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DOI: 10.1080/1540496x.2019.1710128
Abstract: ABSTRACT This paper introduces household financial decision-making process into the classic financial intermediation model, which allows us to study the impact of households’ portfolio choice on the behavior of financial intermediation and the real economy.… read more here.
Keywords: macroeconomic fluctuations; household financial; decision making; making macroeconomic ... See more keywords