Fed: Demand Shocks and Endogenous Uncertainty
July 28, 2026
July 28, 2026
WASHINGTON, July 28 (TNSLrpt) -- The Federal Reserve issued the following white paper abstract in July 2026 by Diego Vilan, entitled "Demand Shocks and Endogenous Uncertainty".
Here is the abstract:
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This study examines how fluctuations in firm-level uncertainty arise over the business cycle and how they influence aggregate economic activity. To do so, it develops a general equilibrium incomplete-markets model in which heterogeneous, risk-ave . . .
Here is the abstract:
* * *
This study examines how fluctuations in firm-level uncertainty arise over the business cycle and how they influence aggregate economic activity. To do so, it develops a general equilibrium incomplete-markets model in which heterogeneous, risk-ave . . .