This paper quantifies why households save and work using a life-cycle model that incorporates wage risk, endogenous labor supply of both spouses, marital ...
Located in
Seminars
/
MEF-Seminar Summer 26
We present a new approach to formulating and solving heterogeneous agent mod- els with aggregate risk. We replace the cross-sectional distribution with ...
Located in
Seminars
/
MEF-Seminar Summer 26