A Quantitative Theory of Heterogeneous Returns to Wealth
收藏NBER2025-06-01 更新2025-06-14 收录
下载链接：
https://www.nber.org/papers/w33868
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资源简介：
Recent empirical evidence documents that different individuals earn systematically different rates of return, even after controlling for portfolio composition. We propose a general equilibrium theory of residual heterogeneity in rates of return on wealth by embedding a financial market with search
提供机构：
美国国家经济研究局
创建时间：
2025-06-01
