A Tractable Income Process for Business Cycle Analysis
收藏NBER2023-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30959
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资源简介：
We estimate an income process that is consistent with key facts on individual income risk and its variation over the business cycle. In particular, the estimated process generates income fluctuations that display (i) flat and acyclical variance, (ii) volatile and procyclical skewness, (iii) very
提供机构：
美国国家经济研究局
创建时间：
2023-02-01
