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Precautionary Savings And Wealth Inequality: A Global Sensitivity Analysis

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  • Marco Cozzi

    (Queen)

Abstract

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Suggested Citation

  • Marco Cozzi, 2011. "Precautionary Savings And Wealth Inequality: A Global Sensitivity Analysis," Working Paper 1270, Economics Department, Queen's University.
    • Handle: RePEc:qed:wpaper:1270
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    File URL: https://www.econ.queensu.ca/sites/econ.queensu.ca/files/qed_wp_1270.pdf
    File Function: First version 2011
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    References listed on IDEAS

    as
    1. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 319-354, May.
    2. Javier Diaz-Gimenez & Vincenzo Quadrini & José-Víctor Ríos-Rull, 1997. "Dimensions of inequality: facts on the U.S. distributions of earnings, income, and wealth," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 21(Spr), pages 3-21.
    3. Javier Diaz-Gimenez & Vincenzo Quadrini & José-Víctor Ríos-Rull & Santiago Budria Rodriguez, 2002. "Updated facts on the U.S. distributions of earnings, income, and wealth," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 26(Sum), pages 2-35.
    4. Marimon, Ramon & Scott, Andrew (ed.), 1999. "Computational Methods for the Study of Dynamic Economies," OUP Catalogue, Oxford University Press, number 9780198294979.
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    Cited by:

    1. Cozzi, Marco, 2012. "Optimal unemployment insurance in GE: A robust calibration approach," Economics Letters, Elsevier, vol. 117(1), pages 28-31.
    2. Marco Cozzi, 2012. "Risk Aversion Heterogeneity, Risky Jobs And Wealth Inequality," Working Paper 1286, Economics Department, Queen's University.

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    More about this item

    Keywords

    Precautionary Savings; Calibration; Heterogeneous Agents; Incomplete Markets; Computable General Equilibrium; Monte Carlo;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models

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