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West Ashley Library
9 a.m. - 7 p.m.
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Folly Beach Library
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Phone: (843) 588-2001
John L. Dart Library
9 a.m. - 7 p.m.
Phone: (843) 722-7550
St. Paul's/Hollywood Library
9 a.m. - 8 p.m.
Phone: (843) 889-3300
Mt. Pleasant Library
9 a.m. – 8 p.m.
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Dorchester Road Library
9 a.m. - 8 p.m.
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John's Island Library
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Wando Mount Pleasant Library
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Explaining Asset Prices with External Habits and Wage Rigidities in a DSGE Model.
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- Author(s): Uhlig, Harald
- Source:
American Economic Review; May2007, Vol. 97 Issue 2, p239-243, 5p- Subject Terms:
- Source:
- Additional Information
- Abstract: In this article the author describes his researches into understanding the connection between prices of assets and the assessment of risk. This data is presented in contrast to broader, more general economic conditions, aspects, choices and assignments. With the use of a dynamic stochastic general equilibrium model the author seeks to explain the price of assets with external habits and with payment rates that have been fixed and are unable to fluctuate. Factors related to long term growth and aspects of the labor supply are also considered.
- Abstract:
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