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Consumption and Risk Sharing Over the Life Cycle

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NBER2000-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7995
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资源简介:
A striking feature of U.S. data on income and consumption is that inequality increases with age. Using both panel data and an equilibrium life cycle model, we argue that this is informative for understanding the importance and the characteristics of idiosyncratic labor market risk. We find that
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2000-11-01
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