How Much Consumption Insurance in Bewley Models with Endogenous Family Labor Supply?
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https://www.nber.org/papers/w24472
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资源简介：
We show that a calibrated life-cycle two-earner household model with endogenous labor supply can rationalize the extent of consumption insurance against shocks to male and female wages, as estimated empirically by Blundell, Pistaferri and Saporta-Eksten (2016) in U.S. data. With additively separable
提供机构：
美国国家经济研究局
创建时间：
2018-04-01
