Showing results 1 - 3 of 3
A Theory of Macroprudential Policies in the Presence of Nominal Rigidities. Emmanuel Farhi, May 2015, Paper. "We propose a theory of monetary policy and macroprudential…
Cyclical Macroeconomic Policy, Financial Regulation, and Economic Growth. Phillippe Aghion, Emmanuel Farhi, December 2013, Paper. "This paper investigates the effect of cyclical…
Crash Risk in Currency Markets. Emmanuel Farhi, April 29, 2013, Paper. "Since the fall of 2008, option smiles have been clearly asymmetric: out-of-the-money currency options point…