Beyond Bad Luck: Macroeconomic Implications of Persistent Heterogeneity In Optimism
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https://www.nber.org/papers/w32305
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Household savings behavior and financial situations have important implications for macroeconomic fluctuations and policy. They are empirically persistent within households and heterogeneous across them. Yet standard modeling practice assumes ex-ante identical households and accounts for
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美国国家经济研究局创建时间：
2024-04-01
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