Optimal Savings Distortions with Recursive Preferences
收藏NBER2008-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13720
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资源简介:
This paper derives an intertemporal optimality condition for economies with private information, focusing on a class of recursive preferences. By comparing it to the situation where agents can freely save in a risk-free asset market, we derive the optimal savings distortions necessary for
提供机构:
美国国家经济研究局
创建时间:
2008-01-01



