Discretizing earnings dynamics: implications of Gaussian-mixture shocks for life-cycle models
Author
Abstract
Suggested Citation
DOI: 10.1007/s42973-025-00196-7
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz-Pardo, 2020.
"Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare,"
Journal of the European Economic Association, European Economic Association, vol. 18(2), pages 890-926.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," 2018 Meeting Papers 156, Society for Economic Dynamics.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2018. "Nonlinear Household Earnings Dynamics, Self-insurance, and Welfare," NBER Working Papers 24326, National Bureau of Economic Research, Inc.
- De Nardi, Mariacristina & Fella, Giulio & Paz-Pardo, Gonzalo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," LSE Research Online Documents on Economics 90375, London School of Economics and Political Science, LSE Library.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz-Pardo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," Discussion Papers 1817, Centre for Macroeconomics (CFM).
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," Working Papers 860, Queen Mary University of London, School of Economics and Finance.
- Borella, Margherita & De Nardi, Mariacristina & Yang, Fang, 2018.
"The aggregate implications of gender and marriage,"
The Journal of the Economics of Ageing, Elsevier, vol. 11(C), pages 6-26.
- De Nardi, Mariacristina & Borella, Margherita & Yang, Fang, 2016. "The Aggregate Implications of Gender and Marriage," CEPR Discussion Papers 11728, C.E.P.R. Discussion Papers.
- Margherita Borella & Mariacristina De Nardi & Fang Yang, 2016. "The Aggregate Implications of Gender and Marriage," NBER Working Papers 22817, National Bureau of Economic Research, Inc.
- Mariacristina De Nardi & Fang Yang & Margherita Borella, 2017. "The Aggregate Implications of Gender and Marriage," 2017 Meeting Papers 46, Society for Economic Dynamics.
- Gonzalo Paz-Pardo, 2024.
"Homeownership and Portfolio Choice over the Generations,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 16(1), pages 207-237, January.
- Paz-Pardo, Gonzalo, 2021. "Homeownership and portfolio choice over the generations," Working Paper Series 2522, European Central Bank.
- Arellano, Manuel & Blundell, Richard & Bonhomme, Stéphane & Light, Jack, 2024.
"Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence,"
Journal of Econometrics, Elsevier, vol. 240(2).
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme & Jack Light, 2023. "Heterogeneity of Consumption Responses to Income Shocks in the Presence of Nonlinear Persistence," Working Papers wp2023_2301, CEMFI.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme & Jack Light, 2023. "Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence," CeMMAP working papers 07/23, Institute for Fiscal Studies.
- Arellano, Manuel & Blundell, Richard & Bonhomme, Stéphane & Light, Jack, 2023. "Heterogeneity of Consumption Responses to Income Shocks in the Presence of Nonlinear Persistence," TSE Working Papers 23-1435, Toulouse School of Economics (TSE).
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme & Jack Light, 2024. "Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence," Post-Print hal-04536563, HAL.
- Anisha Ghosh & Alexandros Theloudis, 2023.
"Consumption Partial Insurance in the Presence of Tail Income Risk,"
Papers
2306.13208, arXiv.org, revised Mar 2025.
- Ghosh, Anisha & Theloudis, Alexandros, 2023. "Consumption Partial Insurance in the Presence of Tail Income Risk," Other publications TiSEM c8da0a17-57cb-40bf-ab61-6, Tilburg University, School of Economics and Management.
- Ghosh, Anisha & Theloudis, Alexandros, 2023. "Consumption Partial Insurance in the Presence of Tail Income Risk," Discussion Paper 2023-024, Tilburg University, Center for Economic Research.
- Blundell, Richard & Graber, Michael & Mogstad, Magne, 2015.
"Labor income dynamics and the insurance from taxes, transfers, and the family,"
Journal of Public Economics, Elsevier, vol. 127(C), pages 58-73.
- Blundell, Richard & Graber, Michael & Mogstad, Magne, 2014. "Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family," IZA Discussion Papers 7916, Institute of Labor Economics (IZA).
- Richard Blundell & Michael Graber & Magne Mogstad, 2014. "Labor income dynamics and the insurance from taxes, transfers and the family," IFS Working Papers W14/01, Institute for Fiscal Studies.
- Giulio Fella & Giovanni Gallipoli & Jutong Pan, 2019.
"Markov-Chain Approximations for Life-Cycle Models,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 183-201, October.
- Giulio Fella & Giovanni Gallipoli & Jutong Pan, 2017. "Markov-Chain Approximations for Life-Cycle Models," Working Papers 827, Queen Mary University of London, School of Economics and Finance.
- Giulio Fella & Giovanni Gallipoli & Jutong Pan, 2019. "Code and data files for "Markov-Chain Approximations for Life-Cycle Models"," Computer Codes 17-149, Review of Economic Dynamics.
- Storesletten, Kjetil & Telmer, Christopher I. & Yaron, Amir, 2004.
"Consumption and risk sharing over the life cycle,"
Journal of Monetary Economics, Elsevier, vol. 51(3), pages 609-633, April.
- Kjetil Storesletten & Chris Telmer & Amir Yaron, 1997. "Consumption and risk sharing over the life cycle," GSIA Working Papers 228, Carnegie Mellon University, Tepper School of Business.
- Storesletten, Kjetil & Telmer, Chris & Yaron, Amir, 2002. "Consumption and Risk Sharing Over the Life Cycle," Seminar Papers 702, Stockholm University, Institute for International Economic Studies.
- Kjetil Storesletten & Chris I. Telmer & Amir Yaron, 2000. "Consumption and Risk Sharing Over the Life Cycle," NBER Working Papers 7995, National Bureau of Economic Research, Inc.
- Pora, Pierre & Wilner, Lionel, 2020.
"A decomposition of labor earnings growth: Recovering Gaussianity?,"
Labour Economics, Elsevier, vol. 63(C).
- Pierre Pora & Lionel Wilner, 2019. "Decomposition of Labor Earnings Growth: Recovering Gaussianity?," Working Papers 2019-03, Center for Research in Economics and Statistics.
- Pierre Pora & Lionel Wilner, 2020. "A decomposition of labor earnings growth: Recovering Gaussianity?," Post-Print hal-04799388, HAL.
- Tanaka, Ken'ichiro & Toda, Alexis Akira, 2015.
"Discretizing Distributions with Exact Moments: Error Estimate and Convergence Analysis,"
University of California at San Diego, Economics Working Paper Series
qt7g23r5kh, Department of Economics, UC San Diego.
- Tanaka, Ken'ichiro & Toda, Alexis Akira, 2015. "Discretizing Distributions with Exact Moments: Error Estimate and Convergence Analysis," University of California at San Diego, Economics Working Paper Series qt2tc0m67t, Department of Economics, UC San Diego.
- William G. Gale & John Karl Scholz, 1994.
"Intergenerational Transfers and the Accumulation of Wealth,"
Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 145-160, Fall.
- W. G. Gale & J. K. Scholz, "undated". "Intergenerational transfers and the accumulation of wealth," Institute for Research on Poverty Discussion Papers 1019-93, University of Wisconsin Institute for Research on Poverty.
- William G. Gale & John Karl Scholz, 1991. "Intergenerational Transfers and the Accumulation of Wealth," UCLA Economics Working Papers 624, UCLA Department of Economics.
- Gale, W.G. & Scholz, K., 1993. "Intergenerational Transfers and Accumulation of Wealth," Working papers 9315, Wisconsin Madison - Social Systems.
- Stachurski, John & Toda, Alexis Akira, 2019.
"An impossibility theorem for wealth in heterogeneous-agent models with limited heterogeneity,"
Journal of Economic Theory, Elsevier, vol. 182(C), pages 1-24.
- John Stachurski & Alexis Akira Toda, 2018. "An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity," Papers 1807.08404, arXiv.org, revised Jan 2019.
- John Stachurski & Alexis Akira Toda, 2019. "An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity," 2019 Meeting Papers 151, Society for Economic Dynamics.
- Ortigueira, Salvador & Siassi, Nawid, 2013.
"How important is intra-household risk sharing for savings and labor supply?,"
Journal of Monetary Economics, Elsevier, vol. 60(6), pages 650-666.
- Salvador Ortigueira & Nawid Siassi, 2010. "How important is Intra-household Risk Sharing for Savings and Labor Supply?," Economics Working Papers ECO2010/36, European University Institute.
- Ortigueira, Salvador & Siassi, Nawid, 2011. "How important is intra-household risk sharing for savings and labor supply?," UC3M Working papers. Economics we1132, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Manuel Sanchez & Felix Wellschmied, 2020.
"Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 103-126, July.
- Sanchez, Manuel & Wellschmied, Felix, 2017. "Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks," IZA Discussion Papers 10925, Institute of Labor Economics (IZA).
- Manuel Sanchez & Felix Wellschmied, 2019. "Online Appendix to "Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks"," Online Appendices 18-252, Review of Economic Dynamics.
- Manuel Sanchez & Felix Wellschmied, 2019. "Code and data files for "Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks"," Computer Codes 18-252, Review of Economic Dynamics.
- Geweke, John & Keane, Michael, 2000. "An empirical analysis of earnings dynamics among men in the PSID: 1968-1989," Journal of Econometrics, Elsevier, vol. 96(2), pages 293-356, June.
- Jonathan Heathcote & Fabrizio Perri & Giovanni L. Violante, 2010.
"Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States: 1967-2006,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(1), pages 15-51, January.
- Violante, Giovanni & Heathcote, Jonathan & Perri, Fabrizio, 2009. "Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006," CEPR Discussion Papers 7538, C.E.P.R. Discussion Papers.
- Jonathan Heathcote & Fabrizio Perri & Giovanni L. Violante, 2009. "Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006," NBER Working Papers 15483, National Bureau of Economic Research, Inc.
- Jonathan Heathcote & Fabrizio Perri & Giovanni L. Violante, 2009. "Unequal we stand: an empirical analysis of economic inequality in the United States, 1967-2006," Staff Report 436, Federal Reserve Bank of Minneapolis.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2017.
"Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework,"
Econometrica, Econometric Society, vol. 85, pages 693-734, May.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and consumption dynamics: a nonlinear panel data framework," IFS Working Papers W15/24, Institute for Fiscal Studies.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and consumption dynamics: a nonlinear panel data framework," CeMMAP working papers CWP53/15, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2016. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," Working Papers wp2016_1606, CEMFI.
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and consumption dynamics: a nonlinear panel data framework," CeMMAP working papers 53/15, Institute for Fiscal Studies.
- Arellano, Manuel & Blundell, Richard & Bonhomme, Stephane, 2015. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," IZA Discussion Papers 9344, Institute of Labor Economics (IZA).
- Manuel Arellano & Richard Blundell & Stéphane Bonhomme, 2015. "Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework," Working Papers wp2015_1506, CEMFI.
- Ana Castaneda & Javier Diaz-Gimenez & Jose-Victor Rios-Rull, 2003. "Accounting for the U.S. Earnings and Wealth Inequality," Journal of Political Economy, University of Chicago Press, vol. 111(4), pages 818-857, August.
- Shinichi Nishiyama, 2002. "Bequests, Inter Vivos Transfers, and Wealth Distribution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 892-931, October.
- Leland E. Farmer & Alexis Akira Toda, 2017.
"Discretizing nonlinear, non‐Gaussian Markov processes with exact conditional moments,"
Quantitative Economics, Econometric Society, vol. 8(2), pages 651-683, July.
- Farmer, Leland & Toda, Alexis Akira, 2016. "Discretizing Nonlinear, Non-Gaussian Markov Processes with Exact Conditional Moments," MPRA Paper 78981, University Library of Munich, Germany.
- Farmer, Leland E. & Toda, Alexis Akira, 2017. "Discretizing Nonlinear, Non-Gaussian Markov Processes with Exact Conditional Moments," University of California at San Diego, Economics Working Paper Series qt4jk1h0kk, Department of Economics, UC San Diego.
- Tanaka, Ken’ichiro & Toda, Alexis Akira, 2013. "Discrete approximations of continuous distributions by maximum entropy," Economics Letters, Elsevier, vol. 118(3), pages 445-450.
- Fatih Karahan & Serdar Ozkan, 2013.
"On the Persistence of Income Shocks over the Life Cycle: Evidence, Theory, and Implications,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 452-476, July.
- Fatih Karahan & Serdar Ozkan, 2012. "Code and data files for "On the Persistence of Income Shocks over the Life Cycle: Evidence, Theory, and Implications"," Computer Codes 10-74, Review of Economic Dynamics.
- Sommer, Kamila, 2016. "Fertility choice in a life cycle model with idiosyncratic uninsurable earnings risk," Journal of Monetary Economics, Elsevier, vol. 83(C), pages 27-38.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2021.
"What Do Data on Millions of U.S. Workers Reveal About Lifecycle Earnings Dynamics?,"
Econometrica, Econometric Society, vol. 89(5), pages 2303-2339, September.
- Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2015. "What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Dynamics?," Staff Reports 710, Federal Reserve Bank of New York.
- Manuel Sanchez & Felix Wellschmied, 2020.
"Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 103-126, July.
- Manuel Sanchez & Felix Wellschmied, 2019. "Online Appendix to "Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks"," Online Appendices 18-252, Review of Economic Dynamics.
- Manuel Sanchez & Felix Wellschmied, 2020.
"Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 103-126, July.
- Sanchez, Manuel & Wellschmied, Felix, 2017. "Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks," IZA Discussion Papers 10925, Institute of Labor Economics (IZA).
- Joseph Altonji & Disa Hynsjo & Ivan Vidangos, 2023.
"Individual Earnings and Family Income: Dynamics and Distribution,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 225-250, July.
- Joseph G. Altonji & Disa M. Hynsjö & Ivan Vidangos, 2022. "Individual Earnings and Family Income: Dynamics and Distribution," NBER Working Papers 30095, National Bureau of Economic Research, Inc.
- Brant Abbott & Giovanni Gallipoli, 2022.
"Permanent‐income inequality,"
Quantitative Economics, Econometric Society, vol. 13(3), pages 1023-1060, July.
- Giovanni Gallipoli & Brant Abbott, 2017. ""Permanent Income" Inequality," 2017 Meeting Papers 1033, Society for Economic Dynamics.
- Brant Abbott & Giovanni Gallipoli, 2019. "Permanent-Income Inequality," Working Paper 1411, Economics Department, Queen's University.
- Brant Abbott & Giovanni Gallipoli, 2019. "Permanent-Income Inequality," Working Papers 2019-011, Human Capital and Economic Opportunity Working Group.
- Gallipoli, Giovanni & Abbott, Brant, 2019. "Permanent-Income Inequality," CEPR Discussion Papers 13540, C.E.P.R. Discussion Papers.
- Crawley, Edmund & Theloudis, Alexandros, 2024.
"Income Shocks and their Transmission into Consumption,"
Discussion Paper
2024-012, Tilburg University, Center for Economic Research.
- Edmund Crawley & Alexandros Theloudis, 2024. "Income Shocks and Their Transmission into Consumption," Finance and Economics Discussion Series 2024-038, Board of Governors of the Federal Reserve System (U.S.).
- Crawley, Edmund & Theloudis, Alexandros, 2024. "Income Shocks and their Transmission into Consumption," Other publications TiSEM 8e0a90b1-597f-4cac-bc3d-b, Tilburg University, School of Economics and Management.
- Edmund Crawley & Alexandros Theloudis, 2024. "Income Shocks and their Transmission into Consumption," Papers 2404.12214, arXiv.org.
- Mariacristina De Nardi & Giulio Fella, 2017.
"Saving and Wealth Inequality,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 26, pages 280-300, October.
- Mariacristina De Nardi, 2016. "Savings and Wealth Unequality," Annual Meeting Plenary 2016-2, Society for Economic Dynamics.
- Mariacristina De Nardi & Giulio Fella, 2017. "Saving and Wealth Inequality," Working Papers 823, Queen Mary University of London, School of Economics and Finance.
- De Nardi, Mariacristina & Fella, Giulio, 2017. "Saving and Wealth Inequality," CEPR Discussion Papers 11746, C.E.P.R. Discussion Papers.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz-Pardo, 2020.
"Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare,"
Journal of the European Economic Association, European Economic Association, vol. 18(2), pages 890-926.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," Working Papers 860, Queen Mary University of London, School of Economics and Finance.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," 2018 Meeting Papers 156, Society for Economic Dynamics.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2018. "Nonlinear Household Earnings Dynamics, Self-insurance, and Welfare," NBER Working Papers 24326, National Bureau of Economic Research, Inc.
- De Nardi, Mariacristina & Fella, Giulio & Paz-Pardo, Gonzalo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," LSE Research Online Documents on Economics 90375, London School of Economics and Political Science, LSE Library.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz-Pardo, 2018. "Nonlinear household earnings dynamics, self-insurance, and welfare," Discussion Papers 1817, Centre for Macroeconomics (CFM).
- Guvenen, Fatih & Ozkan, Serdar & Madera, Rocio, 2024.
"Consumption dynamics and welfare under non-Gaussian earnings risk,"
Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
- Fatih Guvenen & Rocio Madera & Serdar Ozkan, 2024. "Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk," Working Papers 2024-007, Federal Reserve Bank of St. Louis, revised 27 Jul 2024.
- Fatih Guvenen & Serdar Ozkan & Rocio Madera, 2024. "Consumption Dynamics and Welfare under Non-Gaussian Earnings Risk," CESifo Working Paper Series 11135, CESifo.
- Fatih Guvenen & Serdar Ozkan & Rocio Madera, 2024. "Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk," NBER Working Papers 32298, National Bureau of Economic Research, Inc.
- Edmund Crawley & Martin Holm & Håkon Tretvoll, 2022. "A Parsimonious Model of Idiosyncratic Income," Finance and Economics Discussion Series 2022-026, Board of Governors of the Federal Reserve System (U.S.).
- Giulio Fella & Giovanni Gallipoli & Jutong Pan, 2019.
"Markov-Chain Approximations for Life-Cycle Models,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 183-201, October.
- Giulio Fella & Giovanni Gallipoli & Jutong Pan, 2017. "Markov-Chain Approximations for Life-Cycle Models," Working Papers 827, Queen Mary University of London, School of Economics and Finance.
- Giulio Fella & Giovanni Gallipoli & Jutong Pan, 2019. "Code and data files for "Markov-Chain Approximations for Life-Cycle Models"," Computer Codes 17-149, Review of Economic Dynamics.
- John Carter Braxton & Kyle F. Herkenhoff & Jonathan Rothbaum & Lawrence Schmidt, 2021.
"Changing Income Risk across the US Skill Distribution: Evidence from a Generalized Kalman Filter,"
Opportunity and Inclusive Growth Institute Working Papers
55, Federal Reserve Bank of Minneapolis.
- J. Carter Braxton & Kyle F. Herkenhoff & Jonathan L. Rothbaum & Lawrence Schmidt, 2021. "Changing Income Risk across the US Skill Distribution: Evidence from a Generalized Kalman Filter," NBER Working Papers 29567, National Bureau of Economic Research, Inc.
- De Nardi, Mariacristina & Fella, Giulio & Knoef, Marike & Paz-Pardo, Gonzalo & Van Ooijen, Raun, 2021.
"Family and government insurance: Wage, earnings, and income risks in the Netherlands and the U.S,"
Journal of Public Economics, Elsevier, vol. 193(C).
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo & Marike Knoef & Raun Van Ooijen, 2019. "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," 2019 Meeting Papers 1033, Society for Economic Dynamics.
- Mariacristina De Nardi & Giulio Fella & Marike Knoef & Gonzalo Paz-Pardo & Raun Van Ooijen, 2019. "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," Working Papers 2019-035, Human Capital and Economic Opportunity Working Group.
- Mariacristina De Nardi & Giulio Fella & Marike G. Knoef & Gonzalo Paz-Pardo & Raun Van Ooijen, 2019. "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," NBER Working Papers 25832, National Bureau of Economic Research, Inc.
- , 2020. "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," Opportunity and Inclusive Growth Institute Working Papers 42, Federal Reserve Bank of Minneapolis.
- De Nardi, Mariacristina & Fella, Giulio & Knoef, Marike & , & van Ooijen, Raun, 2019. "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S," CEPR Discussion Papers 13720, C.E.P.R. Discussion Papers.
- Mariacristina De Nardi & Giulio Fella & Gonzalo Paz Pardo, 2016. "The Implications of Richer Earnings Dynamics for Consumption and Wealth," NBER Working Papers 21917, National Bureau of Economic Research, Inc.
- Ma, Qingyin & Toda, Alexis Akira, 2022.
"Asymptotic linearity of consumption functions and computational efficiency,"
Journal of Mathematical Economics, Elsevier, vol. 98(C).
- Qingyin Ma & Alexis Akira Toda, 2020. "Asymptotic Linearity of Consumption Functions and Computational Efficiency," Papers 2002.09108, arXiv.org, revised Mar 2021.
- Julio Gálvez & Gonzalo Paz-Pardo, 2022.
"Richer earnings dynamics, consumption and portfolio choice over the life cycle,"
Working Papers
2241, Banco de España.
- Gálvez, Julio & Paz-Pardo, Gonzalo, 2023. "Richer earnings dynamics, consumption and portfolio choice over the life cycle," Working Paper Series 2810, European Central Bank.
- Ursula Mello & Tomas Rodriguez Martinez, 2020.
"Trade-induced local labor market shocks and asymmetrical labor income risk,"
Economics Working Papers
1764, Department of Economics and Business, Universitat Pompeu Fabra.
- Ursula Mello, 2021. "Trade-induced Local Labor Market Shocks and Asymmetrical Labor Income Risk," Working Papers 1230, Barcelona School of Economics.
- Bagliano, Fabio C. & Fugazza, Carolina & Nicodano, Giovanna, 2024.
"Life-cycle risk-taking with personal disaster risk,"
International Review of Economics & Finance, Elsevier, vol. 89(PB), pages 378-396.
- Nicodano, Giovanna & Bagliano, Fabio-Cesare & Fugazza, Carolina, 2021. "Life-Cycle Risk-Taking with Personal Disaster Risk," CEPR Discussion Papers 16234, C.E.P.R. Discussion Papers.
- Bagliano, Fabio C. & Fugazza, Carolina & Nicodano, Giovanna, 2021. "Life-cycle risk-taking with personal disaster risk," ESRB Working Paper Series 132, European Systemic Risk Board.
- Heejeong Kim, 2022.
"Education, Wage Dynamics, and Wealth Inequality,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 217-240, January.
- Heejeong Kim, 2021. "Code and data files for "Education, Wage Dynamics, and Wealth Inequality"," Computer Codes 19-92, Review of Economic Dynamics.
- Isaak, Niklas & Jessen, Robin, 2024.
"Moderation in Higher-Order Earnings Risk? Evidence from German Cohorts,"
IZA Discussion Papers
17568, Institute of Labor Economics (IZA).
- Isaak, Niklas & Jessen, Robin, 2024. "Moderation in higher-order earnings risk? Evidence from German cohorts," Ruhr Economic Papers 1118, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
More about this item
Keywords
Numerical methods; Quadrature; Gaussian mixture; Life-cycle model;All these keywords.
JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jecrev:v:76:y:2025:i:2:d:10.1007_s42973-025-00196-7. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.