Zoomers and Boomers: Asset Prices and Intergenerational Inequality
收藏数据链接：
官方服务：
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
