Wealth and Volatility
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Publication:4610478
DOI10.1093/RESTUD/RDX074zbMath1405.91447OpenAlexW2153202333MaRDI QIDQ4610478
Jonathan Heathcote, Fabrizio Perri
Publication date: 23 January 2019
Published in: The Review of Economic Studies (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1093/restud/rdx074
multiple equilibriabusiness cyclesprecautionary savingaggregate demandzero lower boundself-fulfilling crises
Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)
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