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Browsing Recerca: working papers, informes, etc. by Author "Taschereau-Dumouchel, Mathieu"

Browsing Recerca: working papers, informes, etc. by Author "Taschereau-Dumouchel, Mathieu"

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  • Schaal, Edouard; Taschereau-Dumouchel, Mathieu (2020-01-02)
    This paper explores whether rational herding can generate endogenous business cycle fluctuations. We embed a tractable model of rational herding into a business-cycle framework. In the model, technological innovations ...
  • Fajgelbaum, Pablo; Schaal, Edouard; Taschereau-Dumouchel, Mathieu (2019)
    We develop a theory of endogenous uncertainty and business cycles in which short-lived shocks can generate long-lasting recessions. In the model, higher uncertainty about fundamentals discourages investment. Since agents ...

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