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Serdar Ozkan

Not to be confused with: Serdar Ozkan

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2015. "What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?," Working Papers 719, Federal Reserve Bank of Minneapolis.

    Mentioned in:

    1. What Do Data on Millions of U.S. Workers Reveal about Lifecycle Earnings Dynamics? (ECTA 2021) in ReplicationWiki ()
  2. Fatih Guvenen & Serdar Ozkan & Jae Song, 2014. "The Nature of Countercyclical Income Risk," Journal of Political Economy, University of Chicago Press, vol. 122(3), pages 621-660.

    Mentioned in:

    1. The Nature of Countercyclical Income Risk (JPE 2014) in ReplicationWiki ()

Working papers

  1. Elin Halvorsen & Joachim Hubmer & Serdar Ozkan & Sergio Salgado, 2023. "Why Are the Wealthiest So Wealthy? A Longitudinal Empirical Investigation," Working Papers 2023-004, Federal Reserve Bank of St. Louis, revised 13 Jul 2023.

    Cited by:

    1. Jean-Baptiste Michau & Yoshiyasu Ono & Matthias Schlegl, 2023. "The Preference for Wealth and Inequality: Towards a Piketty Theory of Wealth Inequality," ISER Discussion Paper 1223, Institute of Social and Economic Research, Osaka University.

  2. Fatih Karahan & Serdar Ozkan & Jae Song, 2022. "Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital," Working Papers 2022-002, Federal Reserve Bank of St. Louis, revised 04 Mar 2023.

    Cited by:

    1. Naijia Guo & Charles Ka Yui Leung, 2021. "Do Elite Colleges Matter? The Impact on Entrepreneurship Decisions and Career Dynamics," ISER Discussion Paper 1126, Institute of Social and Economic Research, Osaka University.
    2. Nezih Guner & Alessandro Ruggieri, 2022. "Misallocation and Inequality," Working Papers 1334, Barcelona School of Economics.
    3. Leth-Petersen, Søren & Caplin, Andrew & Gregory, Victoria & Lee, Eungik & Sæverud, Johan, 2023. "Subjective Earnings Risk," CEPR Discussion Papers 17987, C.E.P.R. Discussion Papers.
      • Andrew Caplin & Victoria Gregory & Eungik Lee & Søren Leth-Petersen & Johan Sæverud, 2023. "Subjective Earnings Risk," CEBI working paper series 23-01, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
      • Andrew Caplin & Victoria Gregory & Eungik Lee & Soren Leth-Petersen & Johan Sæverud, 2023. "Subjective Earnings Risk," Working Papers 2023-003, Federal Reserve Bank of St. Louis, revised 04 Jan 2024.
      • Andrew Caplin & Victoria Gregory & Eungik Lee & Søren Leth-Petersen & Johan Sæverud, 2023. "Subjective Earnings Risk," NBER Working Papers 31019, National Bureau of Economic Research, Inc.
    4. Elin Halvorsen & Serdar Ozkan & Sergio Salgado, 2022. "Earnings dynamics and its intergenerational transmission: Evidence from Norway," Quantitative Economics, Econometric Society, vol. 13(4), pages 1707-1746, November.
    5. Serdar Birinci & Fatih Karahan & Yusuf Mercan & Kurt See, 2023. "Labor Market Shocks and Monetary Policy," Staff Working Papers 23-52, Bank of Canada.
    6. Storesletten, Kjetil & Halvorsen, Elin & Holter, Hans & Ozkan, Serdar, 2020. "Dissecting Idiosyncratic Earnings Risk," CEPR Discussion Papers 15395, C.E.P.R. Discussion Papers.
    7. Victoria Gregory & Guido Menzio & David Wiczer, 2021. "The Alpha Beta Gamma of the Labor Market," Working Papers 2021-003, Federal Reserve Bank of St. Louis, revised Sep 2022.
    8. Kevin L. McKinney & John M. Abowd & Hubert P. Janicki, 2021. "U.S. Long-Term Earnings Outcomes by Sex, Race, Ethnicity, and Place of Birth," Papers 2112.05822, arXiv.org.
    9. 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.
    10. Elin Halvorsen & Joachim Hubmer & Serdar Ozkan & Sergio Salgado, 2023. "Why Are the Wealthiest So Wealthy? A Longitudinal Empirical Investigation," Working Papers 2023-004, Federal Reserve Bank of St. Louis, revised 13 Jul 2023.
    11. Campanale, Claudio & Fernández-Bastidas, Rocío, 2023. "Top earners: A labor productivity process," Economics Letters, Elsevier, vol. 229(C).
    12. Victoria Gregory, 2020. "Firms as Learning Environments: Implications for Earnings Dynamics and Job Search," Working Papers 2020-036, Federal Reserve Bank of St. Louis, revised Sep 2023.
    13. Serdar Ozkan ⓡ & Joachim Hubmer ⓡ & Sergio Salgado ⓡ & Elin Halvorsen ⓡ & Serdar Ozkan, 2023. "Why Are the Wealthiest So Wealthy? A Longitudinal Empirical Investigation," CESifo Working Paper Series 10324, CESifo.

  3. Elin Halvorsen & Hans Holter & Serdar Ozkan & Kjetil Storesletten, 2022. "Dissecting Idiosyncratic Earnings Risk," Working Papers 2022-024, Federal Reserve Bank of St. Louis, revised 02 Mar 2023.

    Cited by:

    1. Mitman, Kurt & Broer, Tobias & Kramer, John, 2022. "The Curious Incidence of Monetary Policy Across the Income Distribution," CEPR Discussion Papers 17589, C.E.P.R. Discussion Papers.
    2. 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.
    3. Kindermann, Fabian & Pueschel, Veronika, 2021. "Progressive Pensions as an Incentive for Labor Force Participation," CEPR Discussion Papers 16380, C.E.P.R. Discussion Papers.
    4. Püschel, Veronika & Kindermann, Fabian, 2023. "Progressive Pensions as an Incentive for Labor Force Participation," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277643, Verein für Socialpolitik / German Economic Association.
    5. Darapheak Tin & Chung Tran, 2022. "Lifecycle Earnings Risk and Insurance: New Evidence from Australia," ANU Working Papers in Economics and Econometrics 2022-686, Australian National University, College of Business and Economics, School of Economics.
    6. 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.).
    7. Ana Sofia Pessoa, 2021. "Earnings Dynamics in Germany," CESifo Working Paper Series 9117, CESifo.
    8. 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.

  4. Elin Halvorsen & Serdar Ozkan & Sergio Salgado, 2021. "Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway," Working Papers 2021-015, Federal Reserve Bank of St. Louis, revised 07 Jul 2022.

    Cited by:

    1. Moritz Drechsel-Grau & Andreas Peichl & Johannes Friedrich Schmieder & Kai D. Schmid & Hannes Walz & Stefanie Wolter, 2022. "Inequality and Income Dynamics in Germany," CESifo Working Paper Series 9605, CESifo.
    2. Domenico Depalo & Salvatore Lattanzio, 2023. "The increase in earnings inequality and volatility in Italy: the role and persistence of atypical contracts," Questioni di Economia e Finanza (Occasional Papers) 801, Bank of Italy, Economic Research and International Relations Area.
    3. Søren Leth‐Petersen & Johan Sæverud, 2022. "Inequality and dynamics of earnings and disposable income in Denmark 1987–2016," Quantitative Economics, Econometric Society, vol. 13(4), pages 1493-1526, November.
    4. Fatih Guvenen & Luigi Pistaferri & Giovanni L. Violante, 2022. "Global trends in income inequality and income dynamics: New insights from GRID," Quantitative Economics, Econometric Society, vol. 13(4), pages 1321-1360, November.
    5. Francis Kramarz & Elio Nimier‐David & Thomas Delemotte, 2022. "Inequality and earnings dynamics in France: National policies and local consequences," Quantitative Economics, Econometric Society, vol. 13(4), pages 1527-1591, November.

  5. Elin Halvorsen & Hans Holter & Kjetil Storesletten & Serdar Ozkan, 2019. "Dissecting Idiosyncratic Income Risk," 2019 Meeting Papers 1337, Society for Economic Dynamics.

    Cited by:

    1. Pedro Brinca & Miguel H. Ferreira & Francesco Franco & Hans A. Holter & Laurence Malafry, 2017. "Fiscal Consolidation Programs and Income Inequality," CEF.UP Working Papers 1703, Universidade do Porto, Faculdade de Economia do Porto.
    2. De Nardi, Mariacristina & Fella, Giulio & ,, 2020. "Wage Risk and Government and Spousal Insurance," CEPR Discussion Papers 15608, C.E.P.R. Discussion Papers.
    3. 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.
    4. Fatih Karahan & Serdar Ozkan & Jae Song, 2022. "Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital," Working Papers 2022-002, Federal Reserve Bank of St. Louis, revised 04 Mar 2023.
    5. 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.
    6. Elin Halvorsen & Serdar Ozkan & Sergio Salgado, 2021. "Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway," Working Papers 2021-015, Federal Reserve Bank of St. Louis, revised 07 Jul 2022.

  6. Fatih Karahan & Jae Song & Serdar Ozkan, 2018. "Sources of Inequality in Earnings Growth Over the Life Cycle," 2018 Meeting Papers 313, Society for Economic Dynamics.

    Cited by:

    1. Joachim Hubmer, 2018. "The Job Ladder and its Implications for Earnings Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 172-194, July.
    2. Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2017. "Heterogeneous Scarring Effects of Full-Year Nonemployment," American Economic Review, American Economic Association, vol. 107(5), pages 369-373, May.

  7. Fatih Guvenen & Fatih Karahan & Serdar Ozkan, 2018. "Consumption and Savings Under Non-Gaussian Income Risk," 2018 Meeting Papers 314, Society for Economic Dynamics.

    Cited by:

    1. Botosaru, Irene, 2023. "Time-varying unobserved heterogeneity in earnings shocks," Journal of Econometrics, Elsevier, vol. 235(2), pages 1378-1393.
    2. Corsetti, Giancarlo & Lipinska, Anna & Lombardo, Giovanni, 2021. "Sharing Asymmetric Tail Risk: Smoothing, Asset Pricing and Terms of Trade," CEPR Discussion Papers 16443, C.E.P.R. Discussion Papers.
    3. Giancarlo Corsetti & Anna Lipinska & Giovanni Lombardo, 2021. "Sharing Asymmetric Tail Risk: Smoothing, Asset Prices and Terms of Trade," International Finance Discussion Papers 1324, Board of Governors of the Federal Reserve System (U.S.).

  8. Serdar Ozkan & Kurt Mitman & Fatih Karahan & Aaron Hedlund, 2016. "Monetary Policy, Heterogeneity and the Housing Channel," 2016 Meeting Papers 663, Society for Economic Dynamics.

    Cited by:

    1. Koeniger, Winfried & Ramelet, Marc-Antoine, 2018. "Home ownership and monetary policy transmission," CFS Working Paper Series 615, Center for Financial Studies (CFS).
    2. Funke, Michael & Kirkby, Robert & Mihaylovski, Petar, 2018. "House prices and macroprudential policy in an estimated DSGE model of New Zealand," Journal of Macroeconomics, Elsevier, vol. 56(C), pages 152-171.
    3. Bachman, RÜdiger & Bai, Jinhui & Lee, Minjoon & Zhang, Fudong, 2020. "The Welfare and Distributional Effects of Fiscal Volatility: A Quantitative Evaluation," Working Papers 2020-2, School of Economic Sciences, Washington State University.
    4. Bruno Albuquerque, 2019. "One Size Fits All? Monetary Policy and Asymmetric Household Debt Cycles in U.S. States," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(5), pages 1309-1353, August.
    5. John Muellbauer, 2016. "Macroeconomics and Consumption," Economics Series Working Papers Paper-811, University of Oxford, Department of Economics.
    6. Parra-Alvarez, Juan Carlos & Posch, Olaf & Wang, Mu-Chun, 2020. "Estimation of heterogeneous agent models: A likelihood approach," Discussion Papers 42/2020, Deutsche Bundesbank.
    7. Eunseong Ma, 2022. "Monetary Policy and Inequality: How Does One Affect the Other?," Working papers 2022rwp-203, Yonsei University, Yonsei Economics Research Institute.
    8. Garriga, Carlos & Kydland, Finn E. & Šustek, Roman, 2021. "MoNK: Mortgages in a New-Keynesian model," Journal of Economic Dynamics and Control, Elsevier, vol. 123(C).
    9. Carlos Garriga & Aaron Hedlund, 2019. "Crises in the Housing Market: Causes, Consequences, and Policy Lessons," Working Papers 2019-33, Federal Reserve Bank of St. Louis.
    10. Soyoung Lee, 2023. "The Macroeconomic Effects of Debt Relief Policies During Recessions," Staff Working Papers 23-48, Bank of Canada.
    11. Benjamin Pugsley & Hannah Rubinton, 2019. "Inequality in the Welfare Costs of Disinflation," Working Papers 2020-021, Federal Reserve Bank of St. Louis, revised 23 Sep 2021.
    12. Dias, Daniel A. & Duarte, João B., 2015. "Monetary Policy and Homeownership: Empirical Evidence, Theory, and Policy Implications," MPRA Paper 112252, University Library of Munich, Germany, revised 05 Mar 2021.
    13. Martin Flodén & Matilda Kilström & Jósef Sigurdsson & Roine Vestman, 2021. "Household Debt and Monetary Policy: Revealing the Cash-Flow Channel," The Economic Journal, Royal Economic Society, vol. 131(636), pages 1742-1771.
    14. Myroslav Pidkuyko, 2019. "Heterogeneous spillovers of housing credit policy," Working Papers 1940, Banco de España.
    15. Hintermaier, Thomas & Koeniger, Winfried, 2019. "Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission," IZA Discussion Papers 12743, Institute of Labor Economics (IZA).
    16. Arlene Wong, 2021. "Refinancing and The Transmission of Monetary Policy to Consumption," Working Papers 2021-57, Princeton University. Economics Department..
    17. David F Hendry & John N J Muellbauer, 2018. "The future of macroeconomics: macro theory and models at the Bank of England," Oxford Review of Economic Policy, Oxford University Press, vol. 34(1-2), pages 287-328.
    18. Minjoon Lee & Jinhui Bai & Fudong Zhang & Ruediger Bachmann, 2014. "The Welfare Costs of Fiscal Uncertainty: a Quantitative Evaluation," 2014 Meeting Papers 744, Society for Economic Dynamics.
    19. Surico, Paolo & Cloyne, James & Ferreira, Clodomiro, 2015. "Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism," CEPR Discussion Papers 11023, C.E.P.R. Discussion Papers.
    20. Winfried Koeniger & Benedikt Lennartz & Dr. Marc-Antoine Ramelet, 2021. "On the transmission of monetary policy to the housing market," Working Papers 2021-06, Swiss National Bank.
    21. Muellbauer, John, 2018. "The Future of Macroeconomics," INET Oxford Working Papers 2018-10, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    22. Head, Allen & Sun, Hongfei & Zhou, Chenggang, 2023. "Indebted sellers, liquidity and mortgage standards," European Economic Review, Elsevier, vol. 151(C).
    23. Myroslav Pidkuyko, 2022. "Online Appendix to "Heterogeneous Spillovers of Housing Credit Policy"," Online Appendices 21-100, Review of Economic Dynamics.
    24. Juan Carlos Parra-Alvarez & Olaf Posch & Mu-Chun Wang, 2017. "Identification and estimation of heterogeneous agent models: A likelihood approach," CREATES Research Papers 2017-35, Department of Economics and Business Economics, Aarhus University.
    25. Baksa, Dániel & Munkácsi, Zsuzsa, 2020. "More Gray, More Volatile? Aging and (Optimal) Monetary Policy," Dynare Working Papers 58, CEPREMAP.
    26. Pavel Vikharev & Anna Novak & Andrei Shulgin, 2023. "Inequality and monetary policy: THRANK model," Bank of Russia Working Paper Series wps113, Bank of Russia.
    27. Namkhaijantsan, Ninjin, 2018. "Consumption and Savings Behaviour under Household Heterogeneity and Mortgage Debt," MPRA Paper 107033, University Library of Munich, Germany.
    28. Ruediger Bachmann & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020. "Online Appendix to "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation"," Online Appendices 18-207, Review of Economic Dynamics.
    29. Cumming, Fergus, 2022. "Mortgage cash-flows and employment," European Economic Review, Elsevier, vol. 144(C).
    30. Luzie Thiel, 2023. "Monetary Policy and Inequality: A Two-way Relation," MAGKS Papers on Economics 202304, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    31. Aikman, David & Beale, Daniel & Brinley-Codd, Adam & Covi, Giovanni & Hüser, Anne‑Caroline & Lepore, Caterina, 2023. "Macroprudential stress‑test models: a survey," Bank of England working papers 1037, Bank of England.
    32. Zhang, Xiaoyu & Pan, Fanghui, 2021. "Asymmetric effects of monetary policy and output shocks on the real estate market in China," Economic Modelling, Elsevier, vol. 103(C).
    33. Cumming, Fergus, 2018. "Mortgages, cash-flow shocks and local employment," Bank of England working papers 773, Bank of England.
    34. Amina Enkhbold, 2023. "Monetary Policy Transmission, Bank Market Power, and Wholesale Funding Reliance," Staff Working Papers 23-35, Bank of Canada.
    35. Valérie Chauvin & John Muellbauer, 2018. "Consumption, household portfolios and the housing market in France," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 500-501-5, pages 157-178.
    36. Ben Moll, 2020. "The Research Agenda: Ben Moll on the Rich Interactions between Inequality and the Macroeconomy," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 21(2), November.

  9. Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2015. "What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?," Working Papers 719, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Champagne, Julien & Kurmann, Andre & Stewart, Jay, 2016. "Reconciling the Divergence in Aggregate U.S. Wage Series," IZA Discussion Papers 9754, Institute of Labor Economics (IZA).
    2. Holger Kraft & Claus Munk & Frank Thomas Seifried & Sebastian Wagner, 2017. "Consumption habits and humps," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(2), pages 305-330, August.
    3. Kristy Fan & Tyler J. Fisher & Andrew A. Samwick, 2021. "The Insurance Value of Financial Aid," NBER Working Papers 28669, National Bureau of Economic Research, Inc.
    4. 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.
    5. Kraft, Holger & Munk, Claus & Weiss, Farina, 2019. "Predictors and portfolios over the life cycle," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 1-27.
    6. Sang Yoon (Tim) Lee & Yongseok Shin & Donghoon Lee, 2015. "The Option Value of Human Capital: Higher Education and Wage Inequality," NBER Working Papers 21724, National Bureau of Economic Research, Inc.
    7. Alonso, Cristian, 2018. "Hard vs. soft financial constraints: Implications for the effects of a credit crunch," Journal of Macroeconomics, Elsevier, vol. 58(C), pages 198-223.
    8. Chen, Li-Shiun & Wang, Ping & Yao, Yao, 2018. "Power of personalized smoking cessation: A unified lifecycle framework for policy evaluation," Working Paper Series 20333, Victoria University of Wellington, School of Economics and Finance.
    9. Joachim Hubmer, 2018. "The Job Ladder and its Implications for Earnings Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 172-194, July.
    10. John Muellbauer, 2016. "Macroeconomics and Consumption," Economics Series Working Papers Paper-811, University of Oxford, Department of Economics.
    11. Gabaix, Xavier & Moll, Benjamin & Lasry, Jean-Michel & Lions, Pierre-Louis, 2015. "The Dynamics of Inequality," CEPR Discussion Papers 11028, C.E.P.R. Discussion Papers.
    12. Hero Ashman & Seth Neumuller, 2020. "Can Income Differences Explain the Racial Wealth Gap: A Quantitative Analysis," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 220-239, January.
    13. Preston Mui & Benjamin Schoefer, 2021. "Reservation Raises: The Aggregate Labor Supply Curve at the Extensive Margin," NBER Working Papers 28770, National Bureau of Economic Research, Inc.
    14. Druedahl Jeppe & Jørgensen Thomas H., 2017. "Persistent vs. Permanent Income Shocks in the Buffer-Stock Model," The B.E. Journal of Macroeconomics, De Gruyter, vol. 17(1), pages 1-16, January.
    15. Martin Eichenbaum & Sergio Rebelo & Arlene Wong, 2020. "State Dependent Effects of Monetary Policy: the Refinancing Channel," Working Papers 2020-21, Princeton University. Economics Department..
    16. Daniel Carroll & Jim Dolmas & Eric Young, 2021. "The Politics of Flat Taxes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 39, pages 174-201, January.
    17. Alejandro Badel & Moira Daly & Mark Huggett & Martin Nybom, 2018. "Top Earners: Cross-Country Facts," Review, Federal Reserve Bank of St. Louis, vol. 100(3), pages 237-257.
    18. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016. "Monetary Policy According to HANK," Working Papers 1602, Council on Economic Policies.
    19. Ayse Imrohoroglu, 2014. "Proposition 13: An Equilibrium Analysis," 2014 Meeting Papers 1250, Society for Economic Dynamics.
    20. Peter Levell & Barra Roantree & Jonathan Shaw, 2017. "Mobility and the lifetime distributional impact of tax and transfer reforms," IFS Working Papers W17/17, Institute for Fiscal Studies.
    21. Mikhail Golosov & Aleh Tsyvinski, 2016. "The Research Agenda: Mikhail Golosov and Aleh Tsyvinski on New Dynamic Public Finance," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 17(2), November.
    22. Soyoung Lee, 2023. "The Macroeconomic Effects of Debt Relief Policies During Recessions," Staff Working Papers 23-48, Bank of Canada.
    23. Mr. Roger Farmer & Pawel Zabczyk, 2019. "A Requiem for the Fiscal Theory of the Price Level," IMF Working Papers 2019/219, International Monetary Fund.
    24. Holger Kraft & Claus Munk & Sebastian Wagner, 2018. "Housing Habits and Their Implications for Life-Cycle Consumption and Investment [The evolution of homeownership rates in selected OECD countries: demographic and public policy influences]," Review of Finance, European Finance Association, vol. 22(5), pages 1737-1762.
    25. Battaglini, Marco & Lamba, Rohit, 2015. "Optimal Dynamic Contracting: the First-Order Approach and Beyond," CEPR Discussion Papers 10956, C.E.P.R. Discussion Papers.
    26. 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.
    27. Chong Wang & Neng Wang & Jinqiang Yang, 2013. "Optimal Consumption and Savings with Stochastic Income and Recursive Utility," NBER Working Papers 19319, National Bureau of Economic Research, Inc.
    28. François Bourguignon & A. Hector Moreno M., 2020. "On synthetic income panels," Working Papers halshs-01988068, HAL.
    29. Christopher D. Carroll & Edmund Crawley, 2017. "Comment on "When Inequality Matters for Macro and Macro Matters for Inequality"," NBER Chapters, in: NBER Macroeconomics Annual 2017, volume 32, pages 76-92, National Bureau of Economic Research, Inc.
    30. Bönke, Timm & Giesecke, Matthias & Lüthen, Holger, 2015. "The dynamics of earnings in Germany: Evidence from social security records," Ruhr Economic Papers 582, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    31. Yongsung Chang & Jay Hong & Marios Karabarbounis & Yicheng Wang, 2018. "Income Volatility and Portfolio Choices," 2018 Meeting Papers 412, Society for Economic Dynamics.
    32. Raffaella Giacomini & Sokbae Lee & Silvia Sarpietro, 2023. "A Robust Method for Microforecasting and Estimation of Random Effects," Working Paper Series WP 2023-26, Federal Reserve Bank of Chicago.
    33. 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.
    34. Sarah Meyer & Mark Trede, 2016. "Explosive earnings dynamics: Whoever has will be given more," CQE Working Papers 4716, Center for Quantitative Economics (CQE), University of Muenster.
    35. Oviedo Moguel Rodolfo, 2020. "The Role of Credit on the Evolution of Wealth Inequality in the USA," Working Papers 2020-13, Banco de México.
    36. Alejandro Badel, 2015. "Quantitative Macro Versus Sufficient Statistic Approach: A Laffer Curve Dilemma?," Review, Federal Reserve Bank of St. Louis, vol. 97(3), pages 257-267.
    37. Brian D. Bell & Nicholas Bloom & Jack Blundell, 2021. "This Time is Not so Different: Income Dynamics During the COVID-19 Recession," NBER Working Papers 28871, National Bureau of Economic Research, Inc.
    38. Facundo Albornoz & Antonio Cabrales & Esther Hauk, 2019. "Occupational Choice with Endogenous Spillovers," The Economic Journal, Royal Economic Society, vol. 129(621), pages 1953-1970.
    39. Iskander Karibzhanov, 2020. "Towards a HANK Model for Canada: Estimating a Canadian Income Process," Discussion Papers 2020-13, Bank of Canada.
    40. Dante Amengual & Jesus Bueren & Julio Crego, 2019. "Endogenous Health Groups and Heterogeneous Dynamics of the Elderly," 2019 Meeting Papers 332, Society for Economic Dynamics.
    41. Ariel Mecikovsky & Felix Wellschmied, 2018. "Wage Risk, Employment Risk, and the Rise in Wage Inequality," 2018 Meeting Papers 52, Society for Economic Dynamics.
    42. Pora, Pierre & Wilner, Lionel, 2020. "A decomposition of labor earnings growth: Recovering Gaussianity?," Labour Economics, Elsevier, vol. 63(C).
    43. Mitman, Kurt & Broer, Tobias & Kramer, John, 2022. "The Curious Incidence of Monetary Policy Across the Income Distribution," CEPR Discussion Papers 17589, C.E.P.R. Discussion Papers.
    44. Christopher Huckfeldt, 2018. "Understanding the Scarring Effect of Recessions," 2018 Meeting Papers 1207, Society for Economic Dynamics.
    45. Cagri Seda Kumru & John Piggott, 2012. "Optimal Capital Income Taxation with Means-tested Benefits," Working Papers 201215, ARC Centre of Excellence in Population Ageing Research (CEPAR), Australian School of Business, University of New South Wales.
    46. Joshua D. Gottlieb & David Hémous & Jeffrey Hicks & Morten G. Olsen, 2023. "The Spillover Effects of Top Income Inequality," NBER Working Papers 31366, National Bureau of Economic Research, Inc.
    47. Jess Benhabib & Alberto Bisin, 2016. "Skewed Wealth Distributions: Theory and Empirics," NBER Working Papers 21924, National Bureau of Economic Research, Inc.
    48. Arlene Wong, 2021. "Refinancing and The Transmission of Monetary Policy to Consumption," Working Papers 2021-57, Princeton University. Economics Department..
    49. Rosario Aldunate, 2019. "Returns to Work Experience in Chile," Working Papers Central Bank of Chile 855, Central Bank of Chile.
    50. Erzo G. J. Luttmer, 2015. "An Assignment Model of Knowledge Diffusion and Income Inequality," Staff Report 509, Federal Reserve Bank of Minneapolis.
    51. McKay, Alisdair & Reis, Ricardo, 2016. "Optimal automatic stabilizers," LSE Research Online Documents on Economics 86229, London School of Economics and Political Science, LSE Library.
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    71. Jiaying Gu & Roger Koenker, 2014. "Unobserved heterogeneity in income dynamics: an empirical Bayes perspective," CeMMAP working papers CWP43/14, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    72. Hoffmann, Eran B. & Malacrino, Davide, 2019. "Employment time and the cyclicality of earnings growth," Journal of Public Economics, Elsevier, vol. 169(C), pages 160-171.
    73. Püschel, Veronika & Kindermann, Fabian, 2023. "Progressive Pensions as an Incentive for Labor Force Participation," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277643, Verein für Socialpolitik / German Economic Association.
    74. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    75. Ferriere, Axelle & Grübener, Philipp & Navarro, Gaston & Vardishvili, Oliko, 2021. "Larger transfers financed with more progressive taxes? On the optimal design of taxes and transfers," CEPR Discussion Papers 16781, C.E.P.R. Discussion Papers.
    76. Argan, Damiano & Gary-Bobo, Robert & Goussé, Marion, 2023. "Is there a devaluation of degrees ? Unobserved heterogeneity in returns to education and early experience," CEPREMAP Working Papers (Docweb) 2204, CEPREMAP.
    77. Jeanne Commault, 2022. "How Do Persistent Earnings Affect the Response of Consumption to Transitory Shocks?," SciencePo Working papers hal-03870685, HAL.
    78. Yonatan Berman, 2022. "Absolute intragenerational mobility in the United States, 1962–2014," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(3), pages 587-609, September.
    79. 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.
    80. Damba Lkhagvasuren & Erdenebat Bataa, 2023. "Finite-State Markov Chains with Flexible Distributions," Computational Economics, Springer;Society for Computational Economics, vol. 61(2), pages 611-644, February.
    81. Barış Kaymak & David Leung & Markus Poschke, 2022. "Accounting for Wealth Concentration in the United States," Working Papers 22-28, Federal Reserve Bank of Cleveland.
    82. Jeanne Commault, 2022. "How Do Persistent Earnings Affect the Response of Consumption to Transitory Shocks?," Working Papers hal-03870685, HAL.
    83. Mons Chan & Ming Xu & Sergio Salgado, 2019. "Heterogeneous Passthrough from TFP to Wages," 2019 Meeting Papers 1447, Society for Economic Dynamics.
    84. Campanale, Claudio & Fernández-Bastidas, Rocío, 2023. "Top earners: A labor productivity process," Economics Letters, Elsevier, vol. 229(C).
    85. 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.).
    86. Atif Mian & Ludwig Straub & Amir Sufi, 2020. "The Saving Glut of the Rich and the Rise in Household Debt," CESifo Working Paper Series 8201, CESifo.
    87. Heinzel, Christoph & Peter, Richard, 2023. "Precaution with multiple instruments: The importance of substitution effects," Journal of Economic Behavior & Organization, Elsevier, vol. 207(C), pages 392-412.
    88. 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.
    89. Francis Kramarz & Elio Nimier‐David & Thomas Delemotte, 2022. "Inequality and earnings dynamics in France: National policies and local consequences," Quantitative Economics, Econometric Society, vol. 13(4), pages 1527-1591, November.
    90. 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.
    91. Devereux, Kevin, 2018. "Identifying the value of teamwork: Application to professional tennis," CLEF Working Paper Series 14, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    92. Ivan Lagrosa, 2022. "Income dynamics in dual labor markets," Working Papers wp2022_2209, CEMFI.
    93. Mariacristina De Nardi, 2015. "Quantitative Models of Wealth Inequality: A Survey," NBER Working Papers 21106, National Bureau of Economic Research, Inc.
    94. Ricardo T. Fernholz, 2016. "A Statistical Model of Inequality," Papers 1601.04093, arXiv.org.
    95. Michael Boutros & Nuno Clara & Francisco Gomes, 2023. "Borrow Now, Pay Even Later: A Quantitative Analysis of Student Debt Payment Plans," Staff Working Papers 23-54, Bank of Canada.
    96. Jeanne Commault, 2022. "How Do Persistent Earnings Affect the Response of Consumption to Transitory Shocks?," SciencePo Working papers Main hal-03870685, HAL.
    97. Nobuhiro Kiyotaki & Shengxing Zhang, 2018. "Intangibles, Inequality and Stagnation," Working Papers 2018-15, Princeton University. Economics Department..
    98. Kelly, Robert & O'Malley, Terence & O'Toole, Conor, 2015. "Designing Macro-prudential Policy in Mortgage Lending: Do First Time Buyers Default Less?," Research Technical Papers 02/RT/15, Central Bank of Ireland.
    99. 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.
    100. Roger E A Farmer, 2019. "The Indeterminacy Agenda in Macroeconomics," National Institute of Economic and Social Research (NIESR) Discussion Papers 507, National Institute of Economic and Social Research.
    101. Staley, Mark, 2018. "The Knowledge-Diffusion Bottleneck in Economic Growth and Development," MPRA Paper 87255, University Library of Munich, Germany.
    102. Daniela Puggioni & Mariana Calderón & Alfonso Cebreros Zurita & León Fernández Bujanda & José Antonio Inguanzo González & David Jaume, 2022. "Inequality, income dynamics, and worker transitions: The case of Mexico," Quantitative Economics, Econometric Society, vol. 13(4), pages 1669-1705, November.

  11. Serdar Ozkan & Jae Song & Fatih Karahan & Fatih Guvenen, 2013. "What Do Data on Millions of U.S. Workers Say About Labor Income Risk?," 2013 Meeting Papers 1271, Society for Economic Dynamics.

    Cited by:

    1. Serdar Ozkan & Kurt Mitman & Fatih Karahan & Aaron Hedlund, 2017. "Monetary Policy, Heterogeneity, and the Housing Channel," 2017 Meeting Papers 1610, Society for Economic Dynamics.
    2. Fatih Guvenen & Serdar Ozkan & Jae Song, 2014. "The Nature of Countercyclical Income Risk," Journal of Political Economy, University of Chicago Press, vol. 122(3), pages 621-660.
    3. Alejandro Badel & Mark Huggett & Wenlan Luo, 2020. "Taxing Top Earners: a Human Capital Perspective," The Economic Journal, Royal Economic Society, vol. 130(629), pages 1200-1225.
    4. Serdar Ozkan & Kjetil Storesletten & Hans Holter & Elin Halvorsen, 2017. "The Distributions of Income and Consumption Risk: Evidence from Norwegian Registry Data," 2017 Meeting Papers 1404, Society for Economic Dynamics.
    5. Fatih Guvenen, 2015. "The Research Agenda: Fatih Guvenen on Findings from Big Data on Income Inequality and Income Uncertainty," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 16(1), April.
    6. Corina Boar, 2020. "Dynastic Precautionary Savings," NBER Working Papers 26635, National Bureau of Economic Research, Inc.
    7. Fatih Guvenen & Fatih Karahan & Serdar Ozkan, 2018. "Consumption and Savings Under Non-Gaussian Income Risk," 2018 Meeting Papers 314, Society for Economic Dynamics.
    8. Corina Boar, 2017. "Dynastic Precautionary Savings," 2017 Meeting Papers 343, Society for Economic Dynamics.
    9. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2016. "Redistribution and Social Insurance," American Economic Review, American Economic Association, vol. 106(2), pages 359-386, February.
    10. Fatih Karahan & Jae Song & Serdar Ozkan, 2018. "Sources of Inequality in Earnings Growth Over the Life Cycle," 2018 Meeting Papers 313, Society for Economic Dynamics.

  12. Fatih Guvenen & Burhanettin Kuruscu & Serdar Ozkan, 2013. "Taxation of human capital and wage inequality: a cross-country analysis," Finance and Economics Discussion Series 2013-20, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Alexander Bick & Nicola Fuchs-Schündeln, 2018. "Taxation and Labour Supply of Married Couples across Countries: A Macroeconomic Analysis," Review of Economic Studies, Oxford University Press, vol. 85(3), pages 1543-1576.
    2. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2014. "Optimal Tax Progressivity: An Analytical Framework," Staff Report 496, Federal Reserve Bank of Minneapolis.
    3. Chakraborty, Indraneel & Holter, Hans A. & Stepanchuk, Serhiy, 2015. "Marriage stability, taxation and aggregate labor supply in the U.S. vs. Europe," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 1-20.
    4. Hans A. Holter & Dirk Krueger & Serhiy Stepanchuk, 2014. "How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves?," NBER Working Papers 20688, National Bureau of Economic Research, Inc.
    5. Fatih Guvenen, 2011. "Macroeconomics with hetereogeneity : a practical guide," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 97(3Q), pages 255-326.
    6. Daniele Coen-Pirani, 2017. "Geographic Mobility and Redistribution - A Macro-Economic Analysis," 2017 Meeting Papers 1079, Society for Economic Dynamics.
    7. David Lagakos & Benjamin Moll & Tommaso Porzio & Nancy Qian, 2012. "Experience Matters: Human Capital and Development Accounting," Working Papers 2012-021, Human Capital and Economic Opportunity Working Group.
    8. Musab Kurnaz & Mehmet Soytas, 2019. "Early Childhood Investment and Income Taxation," 2019 Meeting Papers 290, Society for Economic Dynamics.
    9. Du Rietz, Gunnar & Henrekson, Magnus & Waldenström, Daniel, 2012. "Swedish Inheritance and Gift Taxation, 1885–2004," Working Paper Series, Center for Fiscal Studies 2012:11, Uppsala University, Department of Economics, revised 04 Aug 2015.
    10. Freddy Heylen & Renaat Van de Kerckhove, 2014. "Heterogeneous ability and the effects of fiscal policy on employment, income and welfare in general equilibrium," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 14/898, Ghent University, Faculty of Economics and Business Administration.
    11. Abraham, Arpad; Koehne, Sebastian; Pavoni, Nicola, 2014. "Optimal Income Taxation with Asset Accumulation," Economics Working Papers ECO2014/14, European University Institute.
    12. Ian Fillmore & Trevor Gallen, 2019. "Heterogeneity in Talent or in Tastes? Implications for Redistributive Taxation," 2019 Meeting Papers 94, Society for Economic Dynamics.
    13. Vera Tolstova, 2021. "Marital Sorting and Cross-Country Differences in Intergenerational Earnings Persistence," CERGE-EI Working Papers wp680, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    14. William Peterman, 2016. "The effect of endogenous human capital accumulation on optimal taxation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 21, pages 46-71, July.
    15. Manasi Deshpande & Rebecca Dizon-Ross, 2023. "The (Lack of) Anticipatory Effects of the Social Safety Net on Human Capital Investment," NBER Working Papers 31512, National Bureau of Economic Research, Inc.
    16. Alejandro Badel & Mark Huggett & Wenlan Luo, 2020. "Taxing Top Earners: a Human Capital Perspective," The Economic Journal, Royal Economic Society, vol. 130(629), pages 1200-1225.
    17. Yena Park, 2014. "Constrained Efficiency in a Risky Human Capital Model," RCER Working Papers 585, University of Rochester - Center for Economic Research (RCER).
    18. Blandin, Adam & Peterman, William B., 2019. "Taxing capital? The importance of how human capital is accumulated," European Economic Review, Elsevier, vol. 119(C), pages 482-508.
    19. Dirk Krueger & Alexander Ludwig, 2015. "On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium," NBER Working Papers 21538, National Bureau of Economic Research, Inc.
    20. Christopher Herrington, 2015. "Public Education Financing, Earnings Inequality, and Intergenerational Mobility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 822-842, October.
    21. Tom Krebs & Moritz Kuhn & Mark Wright, 2016. "Insurance in human capital models with limited enforcement," CAMA Working Papers 2016-48, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    22. Kirill Shakhnov, 2022. "The Allocation of Talent: Finance versus Entrepreneurship," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 161-195, October.
    23. Oded Galor & Marc Klemp & Daniel C. Wainstock, 2023. "Roots of Inequality," CESifo Working Paper Series 10496, CESifo.
    24. Kerk Phillips & Richard W. Evans & Jason DeBacker, 2017. "Integrating Microsimulation Tax Functions into a DGE Macroeconomic Model: A Canonical Example," EcoMod2017 10191, EcoMod.
    25. Adnen Ben Nasr & Mehmet Balcilar & Rangan Gupta & Seyi Saint Akadiri, 2020. "Asymmetric effects of inequality on real output levels of the United States," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 10(1), pages 47-69, March.
    26. Michael P. Keane & Nada Wasi, 2016. "Labour Supply: The Roles of Human Capital and The Extensive Margin," Economic Journal, Royal Economic Society, vol. 0(592), pages 578-617, May.
    27. Brant Abbott & Giovanni Gallipoli, 2015. "Human Capital Spillovers and the Geography of Intergenerational Mobility," 2015 Meeting Papers 319, Society for Economic Dynamics.
    28. Laun, Tobias & Wallenius, Johanna, 2013. "Social Insurance and Retirement: A Cross-Country Perspective," SSE/EFI Working Paper Series in Economics and Finance 744, Stockholm School of Economics.
    29. Brinca, Pedro & Holter, Hans A. & Krusell, Per & Malafry, Laurence, 2016. "Fiscal multipliers in the 21st century," Journal of Monetary Economics, Elsevier, vol. 77(C), pages 53-69.
    30. Alonso-Ortiz, Jorge, 2014. "Social security and retirement across the OECD," Journal of Economic Dynamics and Control, Elsevier, vol. 47(C), pages 300-316.
    31. Bhattacharya, Dhritiman & Guner, Nezih & Ventura, Gustavo, 2011. "Distortions, Endogenous Managerial Skills and Productivity Differences," IZA Discussion Papers 5963, Institute of Labor Economics (IZA).
    32. Andra Filote & Georgi Kocharkov & Jan Mellert, 2017. "Teenage Childbearing and the Welfare State," Working Paper Series of the Department of Economics, University of Konstanz 2017-01, Department of Economics, University of Konstanz.
    33. Dirk Krueger & Alexander Ludwig, 2013. "Optimal Progressive Labor Income Taxation and Education Subsidies When Education Decisions and Intergenerational Transfers Are Endogenous," American Economic Review, American Economic Association, vol. 103(3), pages 496-501, May.
    34. Sang Yoon (Tim) Lee, 2019. "Entrepreneurs, managers and inequality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 32, pages 42-67, April.
    35. Holter, Hans A, 2011. "Accounting for Cross-Country Differences in Intergenerational Earnings Persistence: The Impact of Taxation and Public Education Expenditure," Working Paper Series, Center for Fiscal Studies 2011:14, Uppsala University, Department of Economics.
    36. Eeckhout, Jan & Guner, Nezih, 2015. "Optimal Spatial Taxation: Are Big Cities too Small?," CEPR Discussion Papers 10352, C.E.P.R. Discussion Papers.
    37. Alexander Ludwig & Dirk Krueger, 2010. "Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation," 2010 Meeting Papers 388, Society for Economic Dynamics.
    38. Carneiro, Fernando Moraes & Turnovsky, Stephen J. & Tourinho, Octavio Augusto Fontes, 2022. "Economic growth and inequality tradeoffs under progressive taxation," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
    39. Laura K. Gee & Marco Migueis & Sahar Parsa, 2017. "Redistributive choices and increasing income inequality: experimental evidence for income as a signal of deservingness," Experimental Economics, Springer;Economic Science Association, vol. 20(4), pages 894-923, December.
    40. Adam Blandin, 2015. "Disciplining the Human Capital Model: Learning By Doing, Ben-Porath, and Policy Analysis," 2015 Meeting Papers 1147, Society for Economic Dynamics.
    41. Nezih Guner & Remzi Kaygusuz & Gustavo Ventura, 2013. "Income Taxation of U.S. Households: Facts and Parametric Estimates," Working Papers 705, Barcelona School of Economics.
    42. Hintermaier, Thomas & Koeniger, Winfried, 2019. "Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission," IZA Discussion Papers 12743, Institute of Labor Economics (IZA).
    43. Tom Krebs & Moritz Kuhn & Mark L. J. Wright, 2011. "Human Capital Risk, Contract Enforcement, and the Macroeconomy," NBER Working Papers 17714, National Bureau of Economic Research, Inc.
    44. Pham-Dao, Lien, 2016. "Public Insurance and Wealth Inequality - A Euro Area Analysis," VfS Annual Conference 2016 (Augsburg): Demographic Change 145942, Verein für Socialpolitik / German Economic Association.
    45. Rachel Ngai & Lei Fang & Robert Duval Hernandez, 2017. "Taxes and Market Hours -- the Role of Gender and Skill," 2017 Meeting Papers 680, Society for Economic Dynamics.
    46. Andres Erosa & Luisa Fuster & Gueorgui Kambourov, 2011. "Labor Supply and Government Programs: A Cross-Country Analysis," Working Papers tecipa-442, University of Toronto, Department of Economics.
    47. Heylen, Freddy & Van de Kerckhove, Renaat, 2019. "Getting low educated and older people into work: The role of fiscal policy," Journal of Policy Modeling, Elsevier, vol. 41(4), pages 586-606.
    48. Rong Hai, 2013. "The Determinants of Rising Inequality in Health Insurance and Wages, Second Version," PIER Working Paper Archive 13-071, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 21 Dec 2013.
    49. Nezih Guner & Andrii Parkhomenko & Gustavo Ventura, 2015. "Managers and Productivity Differences," LIS Working papers 634, LIS Cross-National Data Center in Luxembourg.
    50. Rong Hai, 2013. "The Determinants of Rising Inequality in Health Insurance and Wages: An Equilibrium Model of Workers' Compensation and Health Care Policies," PIER Working Paper Archive 13-019, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    51. Daniele Coen‐Pirani, 2021. "Geographic Mobility And Redistribution," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(3), pages 921-952, August.
    52. Alonso Ortiz, Jorge, 2009. "Social Security and Retirement across OECD Countries," MPRA Paper 18563, University Library of Munich, Germany.
    53. Krueger, Dirk & Ludwig, Alexander, 2013. "On the Optimal Provision of Social Insurance," MEA discussion paper series 201302, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    54. Di Nola, Alessandro & Kocharkov, Georgi & Vasilev, Aleksandar, 2016. "Productivity, Taxation and Evasion: A Quantitative Exploration of the Determinants of the Informal Economy," EconStor Preprints 144164, ZBW - Leibniz Information Centre for Economics.
    55. Brendler, Pavel, 2023. "Rising earnings inequality and optimal income tax and social security policies," Journal of Monetary Economics, Elsevier, vol. 134(C), pages 35-52.
    56. Kerr, William R., 2013. "Income inequality and social preferences for redistribution and compensation differentials," Bank of Finland Research Discussion Papers 31/2013, Bank of Finland.
    57. Michele Bernasconi & Enrico Longo & Valeria Maggian, 2023. "When merit breeds luck (or not): an experimental study on distributive justice," Working Papers 2023:02, Department of Economics, University of Venice "Ca' Foscari".
    58. Kuhn, Moritz & Krebs, Tom & Wright, Mark L.J., 2016. "Under-Insurance in Human Capital Models with Limited Enforcement," CEPR Discussion Papers 11612, C.E.P.R. Discussion Papers.
    59. Shihui Ma, 2021. "Diverging College Premiums: A General Equilibrium Framework on China's College Expansion Policy," Annals of Economics and Finance, Society for AEF, vol. 22(2), pages 289-315, November.
    60. Guner, Nezih & Ventura, Gustavo & Lopez-Daneri, Martin, 2014. "Heterogeneity and Government Revenues: Higher Taxes at the Top?," CEPR Discussion Papers 10071, C.E.P.R. Discussion Papers.
    61. Peterman, William B., 2013. "Determining the motives for a positive optimal tax on capital," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 265-295.
    62. Takahashi, Shuhei & Yamada, Ken, 2022. "Understanding international differences in the skill premium: The role of capital taxes and transfers," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
    63. Adnen Ben Nasr & Mehmet Balcilar & Rangan Gupta & Seyi Saint Akadiri, 2018. "Asymmetric Effects of Inequality on Per Capita Real GDP of the United States," Working Papers 201820, University of Pretoria, Department of Economics.
    64. Alexander Ludwig & Dirk Krueger, 2015. "Optimal Capital and Progressive Labor Income Taxation with Endogenous Schooling Decisions and Intergenerational Transfers," 2015 Meeting Papers 334, Society for Economic Dynamics.
    65. NIREI Makoto, 2011. "Investment Risk, Pareto Distribution, and the Effects of Tax," Discussion papers 11015, Research Institute of Economy, Trade and Industry (RIETI).
    66. Fatih Guvenen & Fatih Karahan & Serdar Ozkan, 2018. "Consumption and Savings Under Non-Gaussian Income Risk," 2018 Meeting Papers 314, Society for Economic Dynamics.
    67. 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.
    68. Diana Alessandrini, 2021. "Progressive Taxation and Economic Stability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(2), pages 422-452, April.
    69. Slavik, Ctirad & Yazici, Hakki, 2015. "Determinants of Wage and Earnings Inequality in the United States," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113021, Verein für Socialpolitik / German Economic Association.
    70. Christopher Herrington, 2013. "Public Education Financing Systems, Earnings Inequality, and Intergenerational Mobility," 2013 Meeting Papers 1233, Society for Economic Dynamics.
    71. Blandin, Adam, 2018. "Learning by Doing and Ben-Porath: Life-cycle Predictions and Policy Implications," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 220-235.
    72. Youngsoo Jang, 2023. "Credit, Default, And Optimal Health Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(3), pages 943-977, August.
    73. Vardan Baghdasaryan & Hayk Hambardzumyan, 2017. "Optimal Income tax rates with non-democratic political constraints: case of Armenia," EcoMod2017 10405, EcoMod.
    74. Fang, Lei & Yang, Fang, 2022. "Consumption and hours in the United States and Europe," Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
    75. Ryosuke Okazawa, 2013. "Skill-biased technical change, educational choice, and labor market polarization: the U.S. versus Europe," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 11(3), pages 321-342, September.
    76. Wu, Chunzan, 2021. "More unequal income but less progressive taxation," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 949-968.
    77. Castelluccio, Marco, 2021. "Flat tax? Maybe not a bad idea after all," Research in Economics, Elsevier, vol. 75(1), pages 60-78.
    78. Koyuncu, Murat, 2011. "Can progressive taxation account for cross-country variation in labor supply?," Journal of Economic Dynamics and Control, Elsevier, vol. 35(9), pages 1474-1488, September.
    79. Nicola Fuchs-Schündeln & Alexander Bick, 2014. "Taxation and Labor Supply of Married Women across Countries: A Macroeconomic Analysis," 2014 Meeting Papers 321, Society for Economic Dynamics.
    80. Lars Ljungvist & Thomas Sargent, 2014. "Career Length: Effects of Curvature of Earnings Profiles, Earnings Shocks, Taxes, and Social Security," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(1), pages 1-20, January.
    81. Gaston Navarro & Axelle Ferriere & Daniel Feenberg, 2017. "Evolution of Tax Progressivity in the U.S.: New Estimates and Welfare Implications," 2017 Meeting Papers 989, Society for Economic Dynamics.
    82. Adam Blandin, 2021. "Human Capital And The Social Security Tax Cap," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(4), pages 1599-1626, November.
    83. Lei Fang & Fang Yang, 2021. "Consumption and Hours between the United States and France," FRB Atlanta Working Paper 2021-7, Federal Reserve Bank of Atlanta.
    84. Pedro Silos & German Cubas, 2017. "Risk Taking to Succeed: Occupational Choice and the Positive Effects of Progressive Taxation," 2017 Meeting Papers 1581, Society for Economic Dynamics.
    85. Alexander Bick & Bettina Brüggemann & Nicola Fuchs‐Schündeln, 2019. "Hours Worked in Europe and the United States: New Data, New Answers," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1381-1416, October.
    86. Nezih Guner & Jan Eeckhout, 2014. "Optimal Spatial Taxation," 2014 Meeting Papers 750, Society for Economic Dynamics.
    87. Soojin Kim, 2014. "The Effects of Labor Migration on Optimal Taxation: An International Tax Competition Analysis," 2014 Meeting Papers 508, Society for Economic Dynamics.
    88. Nezih Guner & Remzi Kaygusuz & Gustavo Ventura, 2014. "Online appendix to "Income Taxation of U.S. Households: Facts and Parametric Estimates"," Online Appendices 11-141, Review of Economic Dynamics.
    89. Heylen Freddy & Van de Kerckhove Renaat, 2013. "Employment by age, education, and economic growth: effects of fiscal policy composition in general equilibrium," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 1-55, October.
    90. Echevarría, Cruz A., 2012. "Income tax progressivity, physical capital, aggregate uncertainty and long-run growth in an OLG economy," Journal of Macroeconomics, Elsevier, vol. 34(4), pages 955-974.
    91. Kurnaz, Musab & Soytas, Mehmet A., 2019. "Intergenerational Income Mobility and Income Taxation," GLO Discussion Paper Series 409, Global Labor Organization (GLO).
    92. Artige, Lionel & Cavenaile, Laurent, 2023. "Public education expenditures, growth and income inequality," Journal of Economic Theory, Elsevier, vol. 209(C).
    93. Vanesa Jorda & Jose M. Alonso, 2020. "What works to mitigate and reduce relative (and absolute) inequality?: A systematic review," WIDER Working Paper Series wp-2020-152, World Institute for Development Economic Research (UNU-WIDER).

  13. Fatih Guvenen & Serdar Ozkan & Jae Song, 2013. "The nature of countercyclical income risk," Finance and Economics Discussion Series 2013-25, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Lippi, Francesco & Perri, Fabrizio, 2023. "Unequal growth," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 1-18.
    2. Robert A. Moffitt & John M. Abowd & Christopher R. Bollinger & Michael D. Carr & Charles M. Hokayem & Kevin L. McKinney & Emily E. Wiemers & Sisi Zhang & James P. Ziliak, 2022. "Reconciling Trends in U.S. Male Earnings Volatility: Results from Survey and Administrative Data," NBER Working Papers 29737, National Bureau of Economic Research, Inc.
    3. De Nardi, Mariacristina & Amromin, Gene & Schulze, Karl, 2017. "Household inequality and the consumption response to aggregate real shocks," CEPR Discussion Papers 12459, C.E.P.R. Discussion Papers.
    4. David Altig & Jose Maria Barrero & Nicholas Bloom & Steven J. Davis & Brent H. Meyer & Nicholas Parker, 2019. "Surveying Business Uncertainty," NBER Working Papers 25956, National Bureau of Economic Research, Inc.
    5. Foellmi, Reto & Martínez, Isabel Z., 2014. "Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2009," CEPR Discussion Papers 10006, C.E.P.R. Discussion Papers.
    6. 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.
    7. Gajendran Raveendranathan & Georgios Stefanidis, 2020. "The Unprecedented Fall in U.S. Revolving Credit," Department of Economics Working Papers 2020-05, McMaster University.
    8. Alisdair McKay & Ricardo Reis, 2018. "Countercyclical fiscal policy in a low r∗ world," 2018 Meeting Papers 621, Society for Economic Dynamics.
    9. Effrosyni Adamopoulou & Emmanuele Bobbio & Marta De Philippis & Federico Giorgi, 2016. "Wage rigidities and business cycle fluctuations: A linked employer-employee analysis," Questioni di Economia e Finanza (Occasional Papers) 338, Bank of Italy, Economic Research and International Relations Area.
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    151. Savoia, Ettore, 2023. "The effects of labor income risk heterogeneity on the marginal propensity to consume," Working Paper Series 2866, European Central Bank.
    152. Savignac, Frederique & Hubert, Paul, 2023. "Monetary Policy and Labor Income Inequality: the Role of Extensive and Intensive Margins," CEPR Discussion Papers 18130, C.E.P.R. Discussion Papers.
    153. Kim, Seewon, 2013. "Prudent consumers: New evidence from the Consumer Expenditure Survey," Economic Modelling, Elsevier, vol. 33(C), pages 77-85.
    154. Joao Cocco & Nuno Clara, 2016. "An Analysis of Consumer Debt Restructuring Policies," 2016 Meeting Papers 480, Society for Economic Dynamics.
    155. Toda, Alexis Akira, 2017. "Huggett economies with multiple stationary equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 84(C), pages 77-90.
    156. Botosaru, Irene & Sasaki, Yuya, 2018. "Nonparametric heteroskedasticity in persistent panel processes: An application to earnings dynamics," Journal of Econometrics, Elsevier, vol. 203(2), pages 283-296.
    157. Frank T Denton & Byron G Spencer & Terry A Yip, 2019. "Age-Income Dynamics Over The Life Course: Cohort Transition Patterns In Relative Income Based On Canadian Tax Returns," Department of Economics Working Papers 2019-02, McMaster University.
    158. Martin B. Holm, 2023. "Monetary transmission with income risk," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(2), pages 441-460, April.
    159. Chen, Zhanhui & Yang, Bowen, 2019. "In search of preference shock risks: Evidence from longevity risks and momentum profits," Journal of Financial Economics, Elsevier, vol. 133(1), pages 225-249.
    160. Fatih Guvenen, 2014. "Comment on "Labor Market Polarization over the Business Cycle"," NBER Chapters, in: NBER Macroeconomics Annual 2014, Volume 29, pages 425-441, National Bureau of Economic Research, Inc.
    161. George M. Constantinides, 2017. "Asset Pricing: Models and Empirical Evidence," Journal of Political Economy, University of Chicago Press, vol. 125(6), pages 1782-1790.
    162. Ricardo Barahona & Stefano Cassella & Kristy A. E. Jansen, 2023. "Do Teams Alleviate or Exacerbate the Extrapolation Bias in the Stock Market?," Working Papers 2335, Banco de España.
    163. Rampini, Adriano A. & Viswanathan, S., 2018. "Financing Insurance," CEPR Discussion Papers 12855, C.E.P.R. Discussion Papers.
    164. Lenney, Jamie, 2022. "Monetary policy transmission, the labour share and HANK models," Bank of England working papers 960, Bank of England.
    165. Capehart, Kevin W., 2017. "Inequality and top income cyclicality," Economics Letters, Elsevier, vol. 157(C), pages 152-154.
    166. Macartney, Hugh & Nielsen, Eric & Rodriguez, Viviana, 2021. "Unequal worker exposure to establishment deaths," Labour Economics, Elsevier, vol. 73(C).
    167. Thiago Revil T. Ferreira, 2022. "Cross-Sectional Financial Conditions, Business Cycles and The Lending Channel," International Finance Discussion Papers 1335, Board of Governors of the Federal Reserve System (U.S.).
    168. Gajendran Raveendranathan & Georgios Stefanidis, 2022. "Designing “Win-Win” Rate Caps," Department of Economics Working Papers 2022-03, McMaster University.
    169. Daniela Puggioni & Mariana Calderón & Alfonso Cebreros Zurita & León Fernández Bujanda & José Antonio Inguanzo González & David Jaume, 2022. "Inequality, income dynamics, and worker transitions: The case of Mexico," Quantitative Economics, Econometric Society, vol. 13(4), pages 1669-1705, November.
    170. Jorge Eduardo Camusso & Ana Inés Navarro, 2021. "Asymmetries in aggregate income risk over the business cycle: evidence from administrative data of Argentina," Asociación Argentina de Economía Política: Working Papers 4447, Asociación Argentina de Economía Política.

  14. Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2013. "What Do Data on Millions of U.S. Workers Say About Life Cycle Income Risk?," Working Papers wp302, University of Michigan, Michigan Retirement Research Center.

    Cited by:

    1. Nybom, Martin & Stuhler, Jan, 2015. "Biases in standard measures of intergenerational income dependence," Working Paper Series 2015:13, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    2. Fatih Guvenen & Serdar Ozkan & Jae Song, 2014. "The Nature of Countercyclical Income Risk," Journal of Political Economy, University of Chicago Press, vol. 122(3), pages 621-660.
    3. Aubhik Khan, 2017. "Large Recessions in an Overlapping Generations with Unemployment," 2017 Meeting Papers 1559, Society for Economic Dynamics.
    4. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2016. "Redistribution and Social Insurance," American Economic Review, American Economic Association, vol. 106(2), pages 359-386, February.
    5. Nicolas Werquin & Aleh Tsyvinski & Mikhail Golosov, 2015. "A Variational Approach to the Analysis of Tax Systems," 2015 Meeting Papers 244, Society for Economic Dynamics.

  15. Serdar Ozkan, 2011. "Income Differences and Health Care Expenditures over the Life Cycle," 2011 Meeting Papers 478, Society for Economic Dynamics.

    Cited by:

    1. Mariacristina De Nardi & Eric French & John Bailey Jones, 2013. "Medicaid Insurance in Old Age," NBER Working Papers 19151, National Bureau of Economic Research, Inc.
    2. Pashchenko, Svetlana & Porapakkarm, Ponpoje, 2013. "Cross-subsidization in employer-based health insurance and the effects of tax subsidy reform," MPRA Paper 48054, University Library of Munich, Germany.
    3. Matthew N. White, 2015. "An Ounce of Prevention at Half Price:Evaluating a Subsidy on Health Investments," Working Papers 15-06, University of Delaware, Department of Economics.
    4. Harold L. Cole & Soojin Kim & Dirk Krueger, 2012. "Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs," PIER Working Paper Archive 12-047, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    5. Svetlana Pashchenko & Ponpoje Porapakkarm, 2013. "Quantitative Analysis of Health Insurance Reform: Separating Regulation from Redistribution," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 383-404, July.
    6. Pelgrin, F. & St-Amour, P., 2014. "Life cycle responses to health insurance status," Health, Econometrics and Data Group (HEDG) Working Papers 14/13, HEDG, c/o Department of Economics, University of York.
    7. Elena Capatina, 2012. "Life Cycle Effects of Health Risk," Working Papers 201216, ARC Centre of Excellence in Population Ageing Research (CEPAR), Australian School of Business, University of New South Wales.
    8. Laurence Ales & Roozbeh Hosseini & Larry Jones, "undated". "Is There ``Too Much'''' Inequality in Health Spending Across Income Groups?," GSIA Working Papers 2014-E18, Carnegie Mellon University, Tepper School of Business.
    9. Cole, Harold & Krueger, Dirk & Kim, Soojin, 2012. "Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Co," CEPR Discussion Papers 9239, C.E.P.R. Discussion Papers.
    10. Schön, Matthias, 2015. "Unemployment, Sick Leave and Health," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113013, Verein für Socialpolitik / German Economic Association.
    11. Chao Fu & Naoki Aizawa, 2017. "Local Market Equilibrium and the Design of Public Health Insurance System," 2017 Meeting Papers 1448, Society for Economic Dynamics.
    12. Martin Dumav, 2013. "Health Insurance over the Life Cycle with Adverse Selection," 2013 Meeting Papers 1138, Society for Economic Dynamics.

  16. Serdar Ozkan & Burhanettin Kuruscu & Fatih Guvenen, 2009. "Taxation of Human Capital and Cross-Country Trends in Wage Inequality," 2009 Meeting Papers 1170, Society for Economic Dynamics.

    Cited by:

    1. Fatih Guvenen & Burhanettin Kuruscu, 2009. "A quantitative analysis of the evolution of the U.S. wage distribution, 1970-2000," Staff Report 427, Federal Reserve Bank of Minneapolis.
    2. Blandin, Adam & Peterman, William B., 2019. "Taxing capital? The importance of how human capital is accumulated," European Economic Review, Elsevier, vol. 119(C), pages 482-508.
    3. Marina Mendes, 2013. "A Cross-Country Comparison of the Impact of Labor Income Tax on Female Labor Supply," Working Papers 1302, Centro de Investigacion Economica, ITAM.

  17. Fatih Karahan & Serdar Ozkan, 2009. "On the Persistence of Income Shocks over the Life Cycle: Evidence and Implications," PIER Working Paper Archive 09-045, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    Cited by:

    1. Bulent Guler & Yavuz Arslan & Temel Taskin, 2016. "Price Search, Consumption Inequality, and Expenditure Inequality over the Life Cycle," CAEPR Working Papers 2017-015, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    2. Kartik B. Athreya & Xuan S. Tam & Eric Young, 2012. "Debt default and the insurance of labor income risks," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 98(4Q), pages 255-307.
    3. 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.

  18. Fatih Karahan & Serdar Ozkan, 2009. "On the Persistence of Income Shocks over the Life Cycle: Evidence and Implications, Second Version," PIER Working Paper Archive 10-012, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 05 Apr 2010.

    Cited by:

    1. Bulent Guler & Yavuz Arslan & Temel Taskin, 2016. "Price Search, Consumption Inequality, and Expenditure Inequality over the Life Cycle," CAEPR Working Papers 2017-015, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    2. David Weiss & Cezar Santos, 2011. "Why Not Settle Down Already? A Quantitative Question," 2011 Meeting Papers 921, Society for Economic Dynamics.

Articles

  1. Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2017. "Heterogeneous Scarring Effects of Full-Year Nonemployment," American Economic Review, American Economic Association, vol. 107(5), pages 369-373, May.

    Cited by:

    1. Jose Garcia-Louzao & Laura Hospido & Alessandro Ruggieri, 2022. "Dual returns to experience," Working Papers 2211, Banco de España.
    2. KIKUCHI Shinnosuke & KITAO Sagiri & MIKOSHIBA Minamo, 2020. "Who Suffers from the COVID-19 Shocks? Labor Market Heterogeneity and Welfare Consequences in Japan," Discussion papers 20064, Research Institute of Economy, Trade and Industry (RIETI).
    3. Fabio C. Bagliano & Carolina Fugazza & Giovanna Nicodano, 2019. "Life-Cycle Portfolios, Unemployment and Human Capital Loss," Working papers 060, Department of Economics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    4. Bjorn Lous & Johan Graafland, 2022. "Who Becomes Unhappy when Income Inequality Increases?," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(1), pages 299-316, February.
    5. Filomena, Mattia & Picchio, Matteo, 2023. "You'll Never Walk Alone: Unemployment, Social Networks and Leisure Activities," IZA Discussion Papers 16579, Institute of Labor Economics (IZA).
    6. Bagliano, Fabio C. & Fugazza, Carolina & Nicodano, Giovanna, 2021. "Life-cycle welfare losses from rules-of-thumb asset allocation," Economics Letters, Elsevier, vol. 198(C).
    7. Mark Garmaise & Yaron Levi & Hanno Lustig, 2020. "Spending Less After (Seemingly) Bad News," NBER Working Papers 27010, National Bureau of Economic Research, Inc.
    8. Reto Foellmi & Isabel Z. Martínez, 2018. "Inequality in Switzerland: A Haven of Stability?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 19(02), pages 19-25, July.
    9. Andreas Gulyas & Krzysztof Pytka, 2020. "Understanding the Sources of Earnings Losses After Job Displacement: A Machine-Learning Approach," CRC TR 224 Discussion Paper Series crctr224_2020_131v2, University of Bonn and University of Mannheim, Germany.
    10. Lous, Bjorn, 2020. "On free markets, income inequality, happiness and trust," Other publications TiSEM e2480eed-722b-4e2a-8e29-4, Tilburg University, School of Economics and Management.
    11. 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.
    12. Frank T Denton & Byron G Spencer & Terry A Yip, 2019. "Age-Income Dynamics Over The Life Course: Cohort Transition Patterns In Relative Income Based On Canadian Tax Returns," Department of Economics Working Papers 2019-02, McMaster University.

  2. Fatih Guvenen & Serdar Ozkan & Jae Song, 2014. "The Nature of Countercyclical Income Risk," Journal of Political Economy, University of Chicago Press, vol. 122(3), pages 621-660.
    See citations under working paper version above.
  3. Serdar Ozkan & Cagnur Balsari & Secil Varan, 2014. "Effect of Banking Regulation on Performance: Evidence from Turkey," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(4), pages 196-211.

    Cited by:

    1. Kutan, Ali M. & Muradoğlu, Yaz G., 2016. "Financial and real sector returns, IMF-related news, and the Asian crisis," Finance Research Letters, Elsevier, vol. 16(C), pages 28-37.
    2. Ivan Gržeta & Saša Žiković & Ivana Tomas Žiković, 2023. "Size matters: analyzing bank profitability and efficiency under the Basel III framework," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-28, December.
    3. Bouteska, Ahmed & Büyükoğlu, Burak & Ekşi, Ibrahim Halil, 2023. "How effective are banking regulations on banking performance and risk? Evidence from selected European countries," Finance Research Letters, Elsevier, vol. 53(C).
    4. Nuri Altintas & Alessandra Ferrari & Claudia Girardone, 2022. "Do financial reforms always improve banks efficiency and competition? A long-term analysis of Turkey’s experience," Journal of Banking Regulation, Palgrave Macmillan, vol. 23(4), pages 458-469, December.
    5. Suzan Dsouza & Mustafa Raza Rabbani & Iqbal Thonse Hawaldar & Ajay Kumar Jain, 2022. "Impact of Bank Efficiency on the Profitability of the Banks in India: An Empirical Analysis Using Panel Data Approach," IJFS, MDPI, vol. 10(4), pages 1-18, October.
    6. Nurboja, Bashkim & Košak, Marko, 2017. "Banking efficiency in South East Europe: Evidence for financial crises and the gap between new EU members and candidate countries," Economic Systems, Elsevier, vol. 41(1), pages 122-138.
    7. Aydemir, Resul & Ovenc, Gokhan, 2016. "Interest rates, the yield curve and bank profitability in an emerging market economy," Economic Systems, Elsevier, vol. 40(4), pages 670-682.
    8. RNuket Kirci Cevik & Sel Dibooglu & Ali M. Kutan, 2016. "Real and Financial Sector Studies in Central and Eastern Europe: A Review," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 66(1), pages 2-31, February.

  4. Fatih Guvenen & Burhanettin Kuruscu & Serdar Ozkan, 2014. "Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis," Review of Economic Studies, Oxford University Press, vol. 81(2), pages 818-850.
    See citations under working paper version above.
  5. 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.

    Cited by:

    1. Bosetti, Valentina & Maffezzoli, Marco, 2013. "Taxing Carbon under Market Incompleteness," Climate Change and Sustainable Development 158665, Fondazione Eni Enrico Mattei (FEEM).
    2. 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.
    3. Bulent Guler & Yavuz Arslan & Temel Taskin, 2016. "Price Search, Consumption Inequality, and Expenditure Inequality over the Life Cycle," CAEPR Working Papers 2017-015, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    4. Findeisen, Sebastian & Sachs, Dominik, 2014. "Efficient Labor and Capital Income Taxation over the Life Cycle," Working Papers 14-17, University of Mannheim, Department of Economics.
    5. Heidrich, Stefanie, 2016. "A study of the Missing Data Problem for Intergenerational Mobility using Simulations," Umeå Economic Studies 930, Umeå University, Department of Economics.
    6. Findeisen, Sebastian & Sachs, Dominik, 2015. "Redistribution and Insurance with Simple Tax Instruments," CEPR Discussion Papers 10668, C.E.P.R. Discussion Papers.
    7. Hai, Rong & Krueger, Dirk & Postlewaite, Andrew, 2013. "On the welfare cost of consumption fluctuations in the presence of memorable goods," CFS Working Paper Series 2013/24, Center for Financial Studies (CFS).
    8. Fatih Guvenen & Fatih Karahan & Serdar Ozkan & Jae Song, 2015. "What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?," Working Papers 719, Federal Reserve Bank of Minneapolis.
    9. Druedahl Jeppe & Jørgensen Thomas H., 2017. "Persistent vs. Permanent Income Shocks in the Buffer-Stock Model," The B.E. Journal of Macroeconomics, De Gruyter, vol. 17(1), pages 1-16, January.
    10. William Blankenau & Xiaoyan Youderian, 2015. "Early childhood education expenditures and the intergenerational persistence of income," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 334-349, April.
    11. Sumudu Kankanamge & Alexandre Gaillard, 2019. "Entrepreneurship, Inter-Generational Business Transmission and Aging," 2019 Meeting Papers 1503, Society for Economic Dynamics.
    12. Dirk Krueger & Alexander Ludwig, 2015. "On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium," NBER Working Papers 21538, National Bureau of Economic Research, Inc.
    13. Mark Aguiar & Mark Bils & Corina Boar, 2020. "Who Are the Hand-to-Mouth?," Working Papers 2020-9, Princeton University. Economics Department..
    14. Claudio Campanale, 2020. "Consumption insurance and education: A puzzle?," Working papers 069, Department of Economics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    15. Fischer, Marcel & Khorunzhina, Natalia, 2018. "Housing Decision with Divorce Risk," MPRA Paper 90090, University Library of Munich, Germany.
    16. 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.
    17. 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.
    18. Gálvez, Julio & Paz-Pardo, Gonzalo, 2023. "Richer earnings dynamics, consumption and portfolio choice over the life cycle," Working Paper Series 2810, European Central Bank.
    19. Bönke, Timm & Giesecke, Matthias & Lüthen, Holger, 2015. "The dynamics of earnings in Germany: Evidence from social security records," Ruhr Economic Papers 582, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    20. Elin Halvorsen & Serdar Ozkan & Sergio Salgado, 2022. "Earnings dynamics and its intergenerational transmission: Evidence from Norway," Quantitative Economics, Econometric Society, vol. 13(4), pages 1707-1746, November.
    21. Karl-Friedrich Israel & Sophia Latsos, 2020. "The impact of (un)conventional expansionary monetary policy on income inequality – lessons from Japan," Applied Economics, Taylor & Francis Journals, vol. 52(40), pages 4403-4420, August.
    22. Kuhn, Moritz & Ploj, Gasper, 2020. "Job stability, earnings dynamics, and life-cycle savings," CEPR Discussion Papers 15460, C.E.P.R. Discussion Papers.
    23. Claudio Campanale & Marcello Sartarelli, 2018. "Life-cycle Wealth Accumulation and Consumption Insurance," Working Papers. Serie AD 2018-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    24. Davide Furceri & Mr. Prakash Loungani & Ms. Aleksandra Zdzienicka, 2016. "The Effects of Monetary Policy Shocks on Inequality," IMF Working Papers 2016/245, International Monetary Fund.
    25. Arifur Rahman, 2017. "Heterogeneous labor earning shock process in finite horizon," LIS Working papers 721, LIS Cross-National Data Center in Luxembourg.
    26. 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.
    27. Joaquin Garcia-Cabo & Rocio Madera, 2019. "The Self-Employment Option in Rigid Labor Markets: An Empirical Investigation," International Finance Discussion Papers 1264, Board of Governors of the Federal Reserve System (U.S.).
    28. Roozbei Hosseini & Karen Kopecky & Kai Zhao, 2022. "The Evolution of Health over the Life Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 45, pages 237-263, July.
    29. Rory O'Farrell & Lukasz Rawdanowicz, 2017. "Monetary policy and inequality: Financial channels," International Finance, Wiley Blackwell, vol. 20(2), pages 174-188, June.
    30. Güell, Maia & Madera, Rocío & Viola, Analía, 2018. "Income contingent university loans: policy design and an application to Spain," CEPR Discussion Papers 13038, C.E.P.R. Discussion Papers.
    31. Ziyu Duan & Seiyong Kim, 2023. "Analysis of Coupled and Coordinated Development of South Korea’s Life-Cycle and Public Housing Systems from 2017 to 2021," Sustainability, MDPI, vol. 15(13), pages 1-18, June.
    32. 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.
    33. Koray Aktas, 2021. "Characterizing Life-Cycle Dynamics of Annual Days of Work, Wages, and Cross-Covariances," Working Papers 465, University of Milano-Bicocca, Department of Economics.
    34. 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.
    35. Corina Boar, 2020. "Dynastic Precautionary Savings," NBER Working Papers 26635, National Bureau of Economic Research, Inc.
    36. Druedahl, Jeppe & Munk-Nielsen, Anders, 2018. "Identifying heterogeneous income profiles using covariances of income levels and future growth rates," Journal of Economic Dynamics and Control, Elsevier, vol. 94(C), pages 24-42.
    37. Cezar Santos & David Weiss, 2016. "“Why Not Settle Down Already?” A Quantitative Analysis Of The Delay In Marriage," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(2), pages 425-452, May.
    38. Lukasz Drozd & Michal Kowalik, 2019. "Credit Cards and the Great Recession: The Collapse of Teasers," 2019 Meeting Papers 1047, Society for Economic Dynamics.
    39. 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.
    40. Brand, Claus & Obstbaum, Meri & Coenen, Günter & Sondermann, David & Lydon, Reamonn & Ajevskis, Viktors & Hammermann, Felix & Angino, Siria & Hernborg, Nils & Basso, Henrique & Hertweck, Matthias & Bi, 2021. "Employment and the conduct of monetary policy in the euro area," Occasional Paper Series 275, European Central Bank.
    41. Corina Boar, 2017. "Dynastic Precautionary Savings," 2017 Meeting Papers 343, Society for Economic Dynamics.
    42. Youngsoo Jang, 2023. "Credit, Default, And Optimal Health Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(3), pages 943-977, August.
    43. Galina Vereshchagina, 2023. "Financial constraints and economic development: the role of firm productivity investment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 322-342, December.
    44. Taghizadeh-Hesary, Farhad & Yoshino, Naoyuki & Shimizu, Sayoko, 2018. "The Impact of Monetary and Tax Policy on Income Inequality in Japan," ADBI Working Papers 837, Asian Development Bank Institute.
    45. 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.
    46. 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.
    47. Arifur Rahman, 2018. "Equitable Redistribution without Taxation: A lesson from East Asian Miracle countries," LIS Working papers 726, LIS Cross-National Data Center in Luxembourg.
    48. Ivan Lagrosa, 2022. "Income dynamics in dual labor markets," Working Papers wp2022_2209, CEMFI.
    49. Sanchez, Manuel & Wellschmied, Felix, 2017. "Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks," IZA Discussion Papers 10925, Institute of Labor Economics (IZA).
    50. Sima Siami‐Namini & Conrad Lyford & A. Alexandre Trindade, 2020. "The Effects of Monetary Policy Shocks on Income Inequality Across U.S. States," Economic Papers, The Economic Society of Australia, vol. 39(3), pages 204-221, September.
    51. Corina Boar, 2021. "Dynastic Precautionary Savings [“Deconstructing Life Cycle Expenditure”]," Review of Economic Studies, Oxford University Press, vol. 88(6), pages 2735-2765.
    52. Elin Halvorsen & Serdar Ozkan & Sergio Salgado, 2021. "Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway," Working Papers 2021-015, Federal Reserve Bank of St. Louis, revised 07 Jul 2022.
    53. Davide Furceri & Prakash Loungani & Jonathan Ostry & Pietro Pizzuto, 2020. "Financial Globalization, Fiscal Policies and the Distribution of Income," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(2), pages 185-199, June.
    54. Heidrich, Stefanie, 2016. "Essays on Intergenerational Income Mobility, Geographical Mobility, and Education," Umeå Economic Studies 932, Umeå University, Department of Economics.
    55. Staley, Mark, 2018. "The Knowledge-Diffusion Bottleneck in Economic Growth and Development," MPRA Paper 87255, University Library of Munich, Germany.
    56. Pedro S. Amaral, 2017. "Monetary Policy and Inequality," Economic Commentary, Federal Reserve Bank of Cleveland, issue January.

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