Browsing FGV EPGE - Ensaios Econômicos by Title "Life Cycle Models, Heterogeneity of Initial Assets,and Wealth Inequality"

Now showing items 1-1 of 1

    • Life Cycle Models, Heterogeneity of Initial Assets,and Wealth Inequality 

      Ferreira, Pedro Cavalcanti; Gomes, Diego Braz Pereira
      2015-07-07
      Life cycle general equilibrium models with heterogeneous agents have a very hard time reproducing the American wealth distribution. A common assumption made in this literature is that all young adults enter the economy ...