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Estimating Flexible Income Processes from Subjective Expectations Data: Evidence from India and Colombia

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NBER2024-09-01 更新2025-01-04 收录
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We develop a methodology for modeling household income processes when subjective probabilistic assessments of future income are available. This allows us to flexibly estimate conditional cdfs directly using elicited individual subjective probabilities, and to obtain empirical measurements of

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2024-09-01
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