Learn about the Merton Model for evaluating corporate credit risk, developed by Robert Merton in 1974, and used by analysts ...

The paper explores the nexus between the financial and business cycles in a semi-structural New Keynesian model with a financial accelerator, an active banking sector, and an endogenous ...

Opposites attract and likes repel is a universal law in nature, with electromagnetic interactions being the most ingrained in our minds, such as the interaction between positive and negative poles, ...

Semi-structural macroeconomic models (or macrostructural models) are useful frameworks that support economic forecasts and counterfactual policy and economic scenario analysis. The macro modeling team ...