LEADS on Macroeconomic Risks to and from the Household Sector
Chapter in forthcoming NBER book Risk Topography: Systemic Risk and Macro Modeling, Markus K. Brunnermeier and Arvind Krishnamurthy, editors
---- Acknowledgements -----
This paper was prepared for the NBER volume on Systemic Risk and Macro Modeling. For helpful comments, I thank Markus Brunnermeier, Andrea Eisfeldt, Arvind Krishnamurthy, and participants in the April 2011 NBER conference on Systemic Risk and Macro Modeling. This research was funded by the NBER Systemic Risk and Macro Modeling project and the Kellogg School of Management at Northwestern University. In addition to being faculty at the Kellogg School, Parker serves as an academic consultant and adviser for the Federal Reserve Bank of Chicago, and served as a Special Adviser on Financial Stability for the US Department of the Treasury during 2009.