UNINSURED IDIOSYNCRATIC RISK AND AGGREGATE SAVING
UNINSURED IDIOSYNCRATIC RISK AND AGGREGATE SAVING
复制标题
DOI:
10.2307/2118417
复制
发表时间:
1994-08-01
影响因子:
13.7
通讯作者:
AIYAGARI, SR
中科院分区:
文献类型:
--
作者:
AIYAGARI, SR
We present a qualitative and quantitative analysis of the standard growth model modified to include precautionary saving motives and liquidity constraints. We address the impact on the aggregate saving rate, the importance of asset trading to individuals, and the relative inequality of wealth and income distributions.