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Macroeconomics and household heterogeneity
Krueger, Dirk; Mitman, Kurt; Perri, Fabrizio - 2016
Persistent link: https://www.econbiz.de/10011481454
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Macroeconomics and household heterogeneity
Krueger, Dirk; Mitman, Kurt; Perri, Fabrizio - 2016
Persistent link: https://www.econbiz.de/10011507327
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Macroeconomics and Household Heterogeneity
Krueger, Dirk - 2016
amplify and propagate a macroeconomic shock. We focus on the U.S. Great Recession of 2007-2009 and proceed in two steps. First … an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very …
Persistent link: https://www.econbiz.de/10012989141
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Macroeconomics and Household Heterogeneity
Krueger, Dirk - 2016
amplify and propagate a macroeconomic shock. We focus on the U.S. Great Recession of 2007-2009 and proceed in two steps. First … an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very …
Persistent link: https://www.econbiz.de/10012456356
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Consumption responses to a large shock to financial wealth : evidence from Italy
Bottazzi, Renata; Trucchi, Serena; Wakefield, Matthew - University of Essex / Department of Economics - 2017
Persistent link: https://www.econbiz.de/10013162720
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Income and wealth shocks and expectations during the COVID-19 pandemic
Hanspal, Tobin; Weber, Annika; Wohlfart, Johannes - 2020
the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more …
Persistent link: https://www.econbiz.de/10012206687
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Wealth shocks and macroeconomic dynamics
Cooper, Daniel; Dynan, Karen E. - 2013 - This version: June 14, 2013
The effect of wealth on consumption is an issue of longstanding interest to economists. Analysts believe that fluctuations in household wealth have driven major swings in economic activity. This paper considers so-called wealth effects - the impact of changes in wealth on household consumption...
Persistent link: https://www.econbiz.de/10009760038
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Chapter 11. Macroeconomics and Household Heterogeneity
Krueger, D.; Mitman, K.; Perri, F. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 843-921). 2016
amplify and propagate a macroeconomic shock. We focus on the US Great Recession of 2007–09 and proceed in two steps. First … an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very …
Persistent link: https://www.econbiz.de/10014024277
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Wealth, race, and consumption smoothing of typical income shocks
Ganong, Peter; Jones, Damon; Noel, Pascal J.; Greig, … - 2020
Persistent link: https://www.econbiz.de/10012264401