Hanno Lustig
Biographic Data
| ID | 5849410 |
|---|---|
| NAME | Hanno Lustig |
| GIVEN NAMES | Hanno |
| FAMILY NAME | Lustig |
| SIGNATURE | LUSTIG H |
| AFFILIATIONS | National Bureau of Economic Research |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2020 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 0 |
Japan’s Debt Puzzle
We analyze the risks associated with Japan’s prolonged low-interest rate policies amid a global environment of rising rates. To finance its persistent deficits, the Japanese public sector depends on inexpensive domestic funding to invest in risky assets both domestically and internationally, effectively creating a sovereign wealth fund fueled by borrowed money. Ultimately, these risks fall on Japanese bondholders, depositors, and taxpayers. While…
Exorbitant Privilege Gained and Lost
Firm Volatility in Granular Networks
Firm volatilities comove strongly over time, and their common factor is the dispersion of the economy-wide firm size distribution. In the cross section, smaller firms and firms with a more concentrated customer base display higher volatility. Network effects are essential to explaining the joint evolution of the empirical firm size and firm volatility distributions. We propose and estimate a simple network model of firm volatility in which shocks…
No prominent works on this page.
Firm Volatility in Granular Networks
Firm volatilities comove strongly over time, and their common factor is the dispersion of the economy-wide firm size distribution. In the cross section, smaller firms and firms with a more concentrated customer base display higher volatility. Network effects are essential to explaining the joint evolution of the empirical firm size and firm volatility distributions. We propose and estimate a simple network model of firm volatility in which shocks…
Japan’s Debt Puzzle
We analyze the risks associated with Japan’s prolonged low-interest rate policies amid a global environment of rising rates. To finance its persistent deficits, the Japanese public sector depends on inexpensive domestic funding to invest in risky assets both domestically and internationally, effectively creating a sovereign wealth fund fueled by borrowed money. Ultimately, these risks fall on Japanese bondholders, depositors, and taxpayers. While…
Exorbitant Privilege Gained and Lost
Economics (2 works) · Business (1 work) · Customer base (1 work) · Econometrics (1 work) · Economics of Agriculture and Food Markets (1 work) · Firm Innovation and Growth (1 work) · Fiscal Policies and Political Economy (1 work) · Fiscal Policy and Economic Growth (1 work) · Keynesian economics (1 work) · Law (1 work)