The marginal propensity to consume in heterogeneous agent models - Kaplan, Greg,Violante, Giovanni L. (Centre for Economic Policy Research, 2022)
Keywords: Graue Literatur; Arbeitspapier; Konsumentenverhalten; Privater Konsum; Sparen; Einkommenshypothese; Agentenbasierte Modellierung; Konsumtheorie; Borrowing Constraints; Consumption; hand-to-mouth; Heterogeneity; Income risk; liquidity; marginal propensity to consume; market incompleteness; precautionary saving; wealth distribution