Zoomers and Boomers: Asset Prices and Intergenerational Inequality
收藏NBER2022-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30419
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资源简介：
We construct a perpetual youth DSGE model with aggregate uncertainty in which there are dynamically complete markets and agents have Epstein-Zin preferences. We prove that, when endowments have a realistic hump-shaped age-profile, our model has three steady-state equilibria. One of these equilibria
提供机构：
美国国家经济研究局
创建时间：
2022-09-01
