Recent paper by Xavier Gabaix and Ralph S.J. Koijen. We develop a framework to theoretically and empirically analyze the fluctuations of the aggregate stock market.
This is a fantastic conversation between David Bezic & Warren Mosler on the Market Huddle While a lot from the MMT crowd is extrapolated to
Another paper from Atif Mian, Ludwig Straub and Amir Sufi. I have referenced a prior paper “Indebted Demand” before with “A key insight is that