Idiosyncratic Income Risk and Aggregate Fluctuations
收藏NBER2022-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29704
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资源简介：
We study the role of idiosyncratic income shocks for aggregate fluctuations within a simple heterogeneous household framework with no binding borrowing constraints. We show that the presence of idiosyncratic income shocks affects the economys response to an aggregate shock in a way that can be
提供机构：
美国国家经济研究局
创建时间：
2022-01-01
