Heterogeneous Households under Uncertainty
收藏NBER2019-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25448
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资源简介：
I characterize a dynamic economy under general distributions of households risk tolerance, endowments, and beliefs about long-term growth. As the economy expands and the stock market rises (a) the fraction of households with declining consumption-share increases; (b) the wealth-share of high risk
提供机构：
美国国家经济研究局
创建时间：
2019-01-01
