Structural modeling of economic choices of heterogeneous agents

Income and Wealth Heterogeneity in the Macroeconomy

KrusellSmith

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This is a Replication of Krusell and Smith, 1998.

References

Krusell, P., & Smith, Jr, A. A. (1998). Income and wealth heterogeneity in the macroeconomy. Journal of political Economy, 106(5), 867-896.

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Abstract

Income and wealth heterogeneity in the macroeconomy

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