Accounting for the US earnings and wealth inequality

被引：276

作者：

Castañeda, A ^{[1
]}

Díaz-Giménez, J

Ríos-Rull, JV

机构：

[1] BNP Paribas Secur Serv, London, England

[2] Univ Carlos III Madrid, E-28903 Getafe, Spain

[3] Univ Penn, Philadelphia, PA 19104 USA

[4] Natl Bur Econ Res, Cambridge, MA 02138 USA

[5] Ctr Econ Policy Res, London SW1Y 6LA, England

来源：

JOURNAL OF POLITICAL ECONOMY | 2003年 / 111卷 / 04期

关键词：

D O I：

10.1086/375382

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We show that a theory of earnings and wealth inequality, based on the optimal choices of ex ante identical households that face uninsured idiosyncratic shocks to their endowments of efficiency labor units, accounts for the U.S. earnings and wealth inequality almost exactly.

引用

页码：818 / 857

页数：40

共 28 条

[1]

AARON HJ, 1992, NATL TAX J, V45, P119

[2] UNINSURED IDIOSYNCRATIC RISK AND AGGREGATE SAVING [J].

AIYAGARI, SR .

QUARTERLY JOURNAL OF ECONOMICS, 1994, 109 (03) :659-684

[3]

[Anonymous], 1995, FRONTIERS BUSINESS C

[4]

[Anonymous], FEDERAL RESERVE BANK

[5]

Auerbach A., 1987, DYNAMIC FISCAL POLIC

[6] Exploring the income distribution business cycle dynamics [J].

Castaneda, A ;

Diaz-Gimenez, J ;

Rios-Rull, JV .

JOURNAL OF MONETARY ECONOMICS, 1998, 42 (01) :93-130

[7]

CASTANEDA A, 1998, UNPUB GEN EQUILIBRIU

[8]

COLE HL, 1997, EFFICIENT ALLOCATION

[9]

DENARDI M, 1999, 13 FED RES BANK RES

[10]

Diaz-Gimenez Javier., 1997, FEDERAL RESERVE BANK, V21, P3

← 1 2 3 →