This paper studies a HANK model with agents who respond to both idiosyncratic and aggregate uncertainty. Since aggregate uncertainty is modeled as ambiguity, it affects the steady state and linearized ...

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Since its late 2000 inception, its institutional shares’ 4.25% annualized gain through January 2025 beat the Bloomberg US Aggregate Bond ... ratio(a measure of excess return over excess standard ...

Unlike traditional tv, a video on demand allows customers to look at videos every time. The fixed broadcasting time table now can’t limit the customers. As a result, there has been a considerable ...

Since its IPO in 2015, Black Stone Minerals performance has matched Exxon and Chevron on an annualized total return basis.

Locational pricing for electricity is the idea that where there’s lots of electricity and not much demand for it, electricity ...

Hence, the poor are finding it hard to make ends meet. The lesson of history is that the aggregate demand plays an important role in sustaining the level of economic activity. Since the poor have ...

We think Martin Marietta has a sound capital structure, and its consistent free cash flow generation should easily support its debt-service requirements and future capital-allocation decisions. The ...

The Life Insurance Corporation of India (LIC) has been issued a demand notice by tax authorities for Rs 57.2 crore due to excess Input Tax Credit availed in the 2020-21 financial year. The demand ...

Without addressing the specifics of DeepSeek's newly revealed R1 model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI-focused chips. While acknowledging ...