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CEP discussion paper
Cyclical Risk Aversion, Precautionary Saving and Monetary Policy Bianca De Paoli and Pawel Zabczyk
March 2012
Paper No' CEPDP1132:
Read Abstract | Full Paper (pdf)

JEL Classification: E32; G12

Tags: precautionary saving; monetary policy; cyclical risk aversion; macro-finance; non-linearities