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Wealth and Volatility

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Publication:4610478
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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


zbMATH Keywords

multiple equilibriabusiness cyclesprecautionary savingaggregate demandzero lower boundself-fulfilling crises


Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)


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