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The Historical Evolution of the Wealth Distribution: A Quantitative-Theoretic Investigation

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NBER2017-01-01 更新2025-01-04 收录
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This paper employs the benchmark heterogeneous-agent model used in macroeconomics to examine drivers of the rise in wealth inequality in the U.S. over the last thirty years. Several plausible candidates are formulated, calibrated to data, and examined through the lens of the model. There is one main

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2017-01-01
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