Welfare Costs of Idiosyncratic and Aggregate Consumption Shocks
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https://www.nber.org/papers/w29009
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资源简介:
I estimate welfare benefits of eliminating idiosyncratic consumption shocks unrelated to the business cycle as 47.3% of household utility and benefits of eliminating idiosyncratic shocks related to the business cycle as 3.4% of utility. Estimates of the former substantially exceed earlier ones
提供机构:
美国国家经济研究局
创建时间:
2021-07-01



