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Macroeconomics With Heterogeneity: A Practical Guide

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NBER2011-11-01 更新2025-01-04 收录
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This article reviews macroeconomic models with heterogeneous households. A key question for the relevance of these models concerns the degree to which markets are complete. This is because the existence of complete markets imposes restrictions on (i) how much heterogeneity matters for aggregate

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2011-11-01
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