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The Race Between Asset Supply and Asset Demand

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NBER2025-11-01 更新2025-11-22 收录
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https://www.nber.org/papers/w34470
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We introduce an asset supply-and-demand approach to analyze the trajectory of US aggregate wealth, real interest rates, and fiscal sustainability. Our framework uses micro-founded and easy-to-implement sufficient statistics to quantify how shifts in demographics, inequality, and other forces affect
创建时间:
2025-11-01
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