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Kjetil Storesletten

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.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2007. "Insurance and Opportunities: A Welfare Analysis of Labor Market Risk," NBER Working Papers 13673, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. The Welfare Cost of Business Cycles
      by Agent Continuum in Agent Continuum on 2009-12-27 04:15:14
  2. Song, Zheng & Storesletten, Kjetil & Zilibotti, Fabrizio, 2007. "Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt," Memorandum 05/2008, Oslo University, Department of Economics.

    Mentioned in:

    1. Automatic fiscal discipline
      by Economic Logician in Economic Logic on 2009-07-20 23:55:00
  3. Kjetil Storesletten, 2000. "Sustaining Fiscal Policy through Immigration," Journal of Political Economy, University of Chicago Press, vol. 108(2), pages 300-323, April.

    Mentioned in:

    1. Social security and immigration policy cycles
      by Economic Logician in Economic Logic on 2008-10-23 17:32:00
  4. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," NBER Working Papers 14768, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Macroeconomics needs more microfoundations than microeconomics
      by Economic Logician in Economic Logic on 2009-03-16 14:10:00
  5. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2014. "Optimal Tax Progressivity: An Analytical Framework," Staff Report 496, Federal Reserve Bank of Minneapolis.

    Mentioned in:

    1. Optimal Tax Progressivity: An Analytical Framework
      by Christian Zimmermann in NEP-DGE blog on 2014-02-28 23:27:21
  6. Zheng Song & Kjetil Storesletten & Fabrizio Zilibotti, 2011. "Growing Like China," American Economic Review, American Economic Association, vol. 101(1), pages 196-233, February.

    Mentioned in:

    1. Imagine Chinese growth rates without misallocations
      by Economic Logician in Economic Logic on 2013-03-11 19:22:00

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2010. "The Macroeconomic Implications of Rising Wage Inequality in the United States," Journal of Political Economy, University of Chicago Press, vol. 118(4), pages 681-722, August.

    Mentioned in:

    1. The Macroeconomic Implications of Rising Wage Inequality in the United States (JPE 2010) in ReplicationWiki ()
  2. Zheng Song & Kjetil Storesletten & Fabrizio Zilibotti, 2011. "Growing Like China," American Economic Review, American Economic Association, vol. 101(1), pages 196-233, February.

    Mentioned in:

    1. Growing Like China (AER 2011) in ReplicationWiki ()
  3. Zheng Song & Kjetil Storesletten & Yikai Wang & Fabrizio Zilibotti, 2015. "Sharing High Growth across Generations: Pensions and Demographic Transition in China," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(2), pages 1-39, April.

    Mentioned in:

    1. Sharing High Growth across Generations: Pensions and Demographic Transition in China (AEJ:MA 2015) in ReplicationWiki ()

Working papers

  1. Yan Bai & José-Víctor Ríos-Rull & Kjetil Storesletten, 2024. "Demand Shocks as Technology Shocks," NBER Working Papers 32169, National Bureau of Economic Research, Inc.

    Cited by:

    1. James B. Bullard & Riccardo DiCecio & Aarti Singh & Jacek Suda, 2023. "Optimal Macroeconomic Policies in a Heterogeneous World," Speech 96444, Federal Reserve Bank of St. Louis.
    2. Elfsbacka Schmöller, Michaela & Goldfayn-Frank, Olga & Schmidt, Tobias, 2024. "Do recessions slow technology growth? Evidence from the firm level," Bank of Finland Research Discussion Papers 15/2024, Bank of Finland.

  2. Brandt, Loren & Dai, Ruochen & Kambourov, Gueorgui & Storesletten, Kjetil & Zhang, Xiaobo, 2022. "Serial Entrepreneurship in China," CEPR Discussion Papers 17131, C.E.P.R. Discussion Papers.

    Cited by:

    1. Jiang, Weijie & Yu, Hui & Chen, Qi, 2024. "Surname distance and interregional investments," Economic Modelling, Elsevier, vol. 140(C).

  3. Storesletten, Kjetil & Halvorsen, Elin & Holter, Hans & Ozkan, Serdar, 2020. "Dissecting Idiosyncratic Earnings Risk," CEPR Discussion Papers 15395, C.E.P.R. Discussion Papers.

    Cited by:

    1. 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.
    2. Ragnar Enger Juelsrud & Ella Getz Wold, 2023. "The importance of unemployment risk for individual savings," Working Papers 06/2023, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
    3. 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.
    4. 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.
    5. Kindermann, Fabian & Pueschel, Veronika, 2021. "Progressive Pensions as an Incentive for Labor Force Participation," CEPR Discussion Papers 16380, C.E.P.R. Discussion Papers.
    6. 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.
    7. 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.).
    8. Ana Sofia Pessoa, 2021. "Earnings Dynamics in Germany," CESifo Working Paper Series 9117, CESifo.
    9. 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.
    10. Nuno Alves & Carlos Martins, 2025. "The anatomy of household income dynamics in Portugal," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    11. Karl Harmenberg & Raysa Lizarraga, 2025. "Earnings dynamics and top-earnings inequality," Working Papers 01/2025, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.

  4. Storesletten, Kjetil & Heathcote, Jonathan & Violante, Giovanni, 2020. "How Should Tax Progressivity Respond to Rising Income Inequality," CEPR Discussion Papers 15394, C.E.P.R. Discussion Papers.

    Cited by:

    1. Ferey, Antoine & Haufler, Andreas & Perroni, Carlo, 2022. "Incentives, Globalization, and Redistribution," Rationality and Competition Discussion Paper Series 335, CRC TRR 190 Rationality and Competition.
    2. James B. Bullard & Riccardo DiCecio & Aarti Singh & Jacek Suda, 2023. "Optimal Macroeconomic Policies in a Heterogeneous World," Speech 96444, Federal Reserve Bank of St. Louis.
    3. Jeong, Minhyeon & Jung, Euiyoung & Lee, Chul-In, 2024. "Comovement of labor supply and human capital investment in policy analysis," Economics Letters, Elsevier, vol. 245(C).
    4. Jonas Loebbing, 2023. "Redistributive Income Taxation with Directed Technical Change," Rationality and Competition Discussion Paper Series 420, CRC TRR 190 Rationality and Competition.
    5. Jonas Loebbing, 2020. "Redistributive Income Taxation with Directed Technical Change," CESifo Working Paper Series 8743, CESifo.
    6. Darapheak Tin & Chung Tran & Nabeeh Zakariyya, 2025. "The Evolution of the Earnings Distribution in a Sustained Growth Economy: Evidence from Australia," ANU Working Papers in Economics and Econometrics 2025-704, Australian National University, College of Business and Economics, School of Economics.
    7. Maria Coelho & Aieshwarya Davis & Alexander Klemm & Carolina Osorio-Buitron, 2024. "Gendered taxes: the interaction of tax policy with gender equality," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(5), pages 1413-1460, October.
    8. Sandro Ambuehl & Sebastian Blesse & Philipp Doerrenberg & Christoph Feldhaus & Axel Ockenfels, 2023. "Politicians' Social Welfare Criteria: An Experiment with German Legislators," CESifo Working Paper Series 10329, CESifo.
    9. João Tovar Jalles & Georgios Karras, 2023. "Tax Progressivity and Output: Evidence from OECD countries," Working Papers REM 2023/0293, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    10. David W. Berger & Kyle F. Herkenhoff & Simon Mongey, 2022. "Minimum Wages, Efficiency and Welfare," Opportunity and Inclusive Growth Institute Working Papers 058, Federal Reserve Bank of Minneapolis.
    11. Cordoba, Juan Carlos & Ripoll, Marla & Yang, Siqiang, 2020. "The Full Recession: Private Versus Social Costs of Covid-19," ISU General Staff Papers 202010280700001115, Iowa State University, Department of Economics.
    12. Jang, Youngsoo, 2021. "Democracy or Optimal Policy: Income Tax Decisions without Commitment," MPRA Paper 110466, University Library of Munich, Germany.
    13. 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.
    14. Jalles, João Tovar & Karras, Georgios, 2024. "Tax progressivity and income inequality in the US," Economics Letters, Elsevier, vol. 238(C).
    15. Erik Hurst & Patrick J. Kehoe & Elena Pastorino & Thomas Winberry, 2022. "The Distributional Impact of the Minimum Wage in the Short and Long Run," Staff Report 640, Federal Reserve Bank of Minneapolis.
    16. Jang, Youngsoo, 2021. "Democracy or Optimal Policy: Income Tax Decisions without Commitment," MPRA Paper 110475, University Library of Munich, Germany.
    17. Bahn, Dorothée & Bredemeier, Christian & Juessen, Falko, 2025. "Household chores, taxes, and the labor-supply elasticities of women and men," Ruhr Economic Papers 1177, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    18. Martin F. Hellwig, 2021. "Social Choice in Large Populations with Single-Peaked Preferences," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2021_18, Max Planck Institute for Research on Collective Goods.
    19. Alessandra Pizzo, 2023. "The welfare effects of tax progressivity with frictional labor markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 123-146, July.
    20. Johannes König, 2023. "Bias in Tax Progressivity Estimates," National Tax Journal, University of Chicago Press, vol. 76(2), pages 267-289.
    21. Youngsoo Jang & Takeki Sunakawa & Minchul Yum, 2023. "Tax‐and‐transfer progressivity and business cycles," Quantitative Economics, Econometric Society, vol. 14(4), pages 1367-1400, November.
    22. Zuobao Wang & Tianrun Lin & Yao Chen & Shurui Zhang, 2025. "Is it Actually Working Well? A Comparative Study of the Redistributive Effectiveness of Public Social Benefits in 33 Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 179(1), pages 235-267, August.
    23. Artige, Lionel & Cavenaile, Laurent, 2023. "Public education expenditures, growth and income inequality," Journal of Economic Theory, Elsevier, vol. 209(C).

  5. Storesletten, Kjetil & Zhao, Bo & Zilibotti, Fabrizio, 2020. "Business Cycle during Structural Change: Arthur Lewis’ Theory from a Neoclassical Perspective," CEPR Discussion Papers 14964, C.E.P.R. Discussion Papers.

    Cited by:

    1. Howes, Cooper, 2022. "Why does structural change accelerate in recessions? The credit reallocation channel," Journal of Financial Economics, Elsevier, vol. 144(3), pages 933-952.
    2. Wen Yao & Xiaodong Zhu, 2021. "Structural Change And Aggregate Employment Fluctuations In China," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(1), pages 65-100, February.

  6. Storesletten, Kjetil & Brandt, Loren & Kambourov, Gueorgui, 2020. "Barriers to Entry and Regional Economic Growth in China," CEPR Discussion Papers 14965, C.E.P.R. Discussion Papers.

    Cited by:

    1. Wang, Feicheng & Liang, Zhe & Lehmann, Hartmut, 2021. "Import Competition and Informal Employment: Empirical Evidence from China," IZA Discussion Papers 14650, Institute of Labor Economics (IZA).
    2. Brandt, Loren & Lim, Kevin, 2024. "Opening up in the 21st century: A quantitative accounting of Chinese export growth," Journal of International Economics, Elsevier, vol. 150(C).
    3. Lixing Li & Qihong Liu & Changyu Ren, 2022. "Firms Quasi‐dynamics in Chinese Manufacturing Industry," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 30(5), pages 102-127, September.
    4. Bo, Shiyu & Liu, Cong & Zhou, Yan, 2023. "Military investment and the rise of industrial clusters: Evidence from China’s self-strengthening movement," Journal of Development Economics, Elsevier, vol. 161(C).
    5. Tang, Rongsheng, 2021. "Market Formation in China from 1978," MPRA Paper 105510, University Library of Munich, Germany.
    6. Tasso Adam & Loren Brandt & Chaoran Chen & Diego Restuccia & Xiaoyun Wei, 2024. "Land Security and Mobility Frictions," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 139(3), pages 1941-1987.
    7. Daniel Berkowitz & Shuichiro Nishioka, 2022. "The Growth of Firms, Markets and Rents: Evidence from China," Working Papers 22-05, Department of Economics, West Virginia University.
    8. Chuantao Cui & Leona Shao-Zhi Li, 2024. "More but not better: Career incentives of local leaders and entrepreneurial entry in China," Working Papers 202417, University of Macau, Faculty of Business Administration.
    9. Li, Zhaohua & Pang, Suqin & Zhu, Zhiyun, 2024. "The impact of pilot free trade zones on entrepreneurship: Evidence from a quasi-natural experiment in China," Socio-Economic Planning Sciences, Elsevier, vol. 92(C).
    10. Yang, Xiaoliang & Barros, Lucy & Matthews, Kent & Meenagh, David, 2024. "The dynamics of redistribution, inequality and growth across China’s regions," Journal of Policy Modeling, Elsevier, vol. 46(3), pages 613-637.
    11. Ouyang, Difei, 2024. "State-owned enterprise presence: Local spillovers," China Economic Review, Elsevier, vol. 84(C).
    12. Brandt,Loren & Litwack,John & Mileva,Elitza Alexandrova & Wang,Luhang & Zhang,Yifan-000568579 & Zhao,Luan, 2020. "China's Productivity Slowdown and Future Growth Potential," Policy Research Working Paper Series 9298, The World Bank.
    13. Ma, Xiao, 2020. "College Expansion, Trade and Innovation: Evidence from China," MPRA Paper 109469, University Library of Munich, Germany.
    14. Helu Jiang & Yu Zheng & Lijun Zhu, 2024. "Entry Barriers And Growth: The Role Of Endogenous Market Structure," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1221-1248, August.
    15. Yuting Li & Karsten Mau & Mingzhi Xu, 2023. "Rising Wages and Intra-Country Industry Relocation: Evidence from China," Open Economies Review, Springer, vol. 34(3), pages 579-615, July.
    16. Cui, Chuantao & Li, Leona Shao-Zhi, 2023. "Trade policy uncertainty and new firm entry: Evidence from China," Journal of Development Economics, Elsevier, vol. 163(C).
    17. Loren Brandt & Kevin Lim, 2020. "Accounting for Chinese Exports," Working Papers tecipa-680, University of Toronto, Department of Economics.
    18. Shi, Xiangyu & Xi, Tianyang & Zhang, Xiaobo & Zhang, Yifan, 2021. "“Moving Umbrella”: Bureaucratic transfers and the comovement of interregional investments in China," Journal of Development Economics, Elsevier, vol. 153(C).
    19. Liang Zheng, 2021. "The impact of state-owned enterprises on the employment growth of manufacturing in Chinese cities: Evidence from economic census microdata," Urban Studies, Urban Studies Journal Limited, vol. 58(8), pages 1655-1673, June.

  7. Storesletten, Kjetil & Koenig, Michael & Song, Zheng & Zilibotti, Fabrizio, 2020. "From Imitation to Innovation: Where Is all that Chinese R&D Going?," CEPR Discussion Papers 14966, C.E.P.R. Discussion Papers.

    Cited by:

    1. Dachs, Bernhard & Amoroso, Sara & Castellani, Davide & Papanastassiou, Marina & von Zedtwitz, Max, 2024. "The internationalisation of R&D: Past, present and future," International Business Review, Elsevier, vol. 33(1).
    2. Hong Cheng & Hanbing Fan & Takeo Hoshi & Dezhuang Hu, 2023. "State Ownership, Political Connection, and Innovation Subsidies in China," CARF F-Series CARF-F-572, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    3. Wang, Wenya & Yang, Ei, 2023. "Multi-product firms and misallocation," Journal of Development Economics, Elsevier, vol. 163(C).
    4. Huang, Xiulu & Wang, Xiaoyu & Ge, Pengfei, 2024. "Selective industrial policy and innovation resource misallocation," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 124-146.
    5. Laura Ciucci & Marie-Antoinette Maupertuis, 2023. "Does technology transfer increase local cognitive proximity between university and industry? The case of Italy," Post-Print hal-04542171, HAL.
    6. Jess Benhabib & Jesse Perla & Christopher Tonetti, 2021. "Reconciling Models of Diffusion and Innovation: A Theory of the Productivity Distribution and Technology Frontier," Econometrica, Econometric Society, vol. 89(5), pages 2261-2301, September.
    7. Yu Cao & Francesca de Nicola & Aaditya Mattoo & Jonathan David Timmis, 2024. "Technological Decoupling ? The Impact on Innovation of US Restrictions on Chinese Firms," Policy Research Working Paper Series 10950, The World Bank.
    8. Bi, Ruigang & Kou, Zonglai & Zhao, Cheng & Zhong, Yiwen & Zhou, Min, 2024. "Information disclosure and pollution reduction: evidence from environmental NGO monitoring in China," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1459-1473.
    9. Stephen Ayerst & Loren Brandt & Diego Restuccia, 2023. "Distortions, Producer Dynamics, and Aggregate Productivity: A General Equilibrium Analysis," Working Papers tecipa-748, University of Toronto, Department of Economics.
    10. Zhang, Yiran, 2021. "Quantitative Assessment on Frictions in Technology Market," MPRA Paper 109470, University Library of Munich, Germany.
    11. Orlando Gomes, 2024. "The world’s productivity distribution and optimal knowledge absorption," Economics and Business Letters, Oviedo University Press, vol. 13(2), pages 91-103.
    12. Gong, Yundan & Hanley, Aoife, 2021. "Exports and new products in China - A generalized propensity score approach with firm-to-firm spillovers," KCG Working Papers 24, Kiel Centre for Globalization (KCG).
    13. Long, Yingzi & Cai, Dapeng, 2023. "Why do governments subsidize R&D-Intensive foreign direct investment?," Economic Modelling, Elsevier, vol. 129(C).
    14. Zhuang, Zongwu & Han, Feng, 2024. "Urban spatial structure and firm growth: Evidence from China," Land Use Policy, Elsevier, vol. 145(C).
    15. Lee Branstetter & Guangwei Li, 2024. "The Challenges of Chinese Industrial Policy," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 3(1), pages 77-113.
    16. Dobbelaere, Sabien & König, Michael D. & Spescha, Andrin & Wörter, Martin, 2024. "R&D Decisions and Productivity Growth: Evidence from Switzerland and the Netherlands," IZA Discussion Papers 17026, Institute of Labor Economics (IZA).
    17. Gomes, Orlando, 2024. "Optimal planning of technological options and productivity distribution dynamics," Economic Modelling, Elsevier, vol. 130(C).
    18. Tu, Bingqian & Chen, Ze & Dang, Jingqi, 2025. "The impact of foreign direct investment on innovation in China's forest products industry," Forest Policy and Economics, Elsevier, vol. 170(C).
    19. Liu, Qing & Qiu, Larry D. & Wei, Xing & Zhan, Chaoqun, 2024. "The (dis)connection between R&D and productivity in China: Policy implications of R&D tax credits," Journal of Comparative Economics, Elsevier, vol. 52(1), pages 297-320.
    20. Helu Jiang & Yu Zheng & Lijun Zhu, 2024. "Entry Barriers And Growth: The Role Of Endogenous Market Structure," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1221-1248, August.
    21. Hang, Jing & Wang, Miaojun & Zhou, Mohan, 2025. "Productivity implications of inefficient environmental regulation: Evidence from China," China Economic Review, Elsevier, vol. 90(C).
    22. Ruohan Wu, 2024. "Moderating Effect of Innovation Strategy on Learning-by-Exporting: A Cross-Country Study," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 52(2), pages 131-144, September.
    23. Chen, Shiyi & Li, Yunpeng & Sun, Qinzhu, 2025. "Population aging and innovation slowdown: Dual mechanisms of firm cost structure and consumption preference," Economic Modelling, Elsevier, vol. 150(C).
    24. Cheng, Hong & Fan, Hanbing & Hoshi, Takeo & Hu, Dezhuang, 2024. "State ownership, political connection, and innovation subsidies in China," Journal of the Japanese and International Economies, Elsevier, vol. 71(C).
    25. Orlando Gomes, 2024. "The emergence of chaos in productivity distribution dynamics," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 47(2), pages 565-596, December.
    26. Cao, Linyi & Jiang, Helu & Li, Guangwei & Zhu, Lijun, 2024. "Haste makes waste? Quantity-based subsidies under heterogeneous innovations," Journal of Monetary Economics, Elsevier, vol. 142(C).
    27. Zhang, Yiran, 2021. "Technology Market Frictions and Economic Development: Evidence from China," MPRA Paper 122159, University Library of Munich, Germany, revised 21 Sep 2024.
    28. Haichao Fan & Joshua S. Graff Zivin & Zonglai Kou & Xueyue Liu & Huanhuan Wang, 2019. "Going Green in China: Firms’ Responses to Stricter Environmental Regulations," NBER Working Papers 26540, National Bureau of Economic Research, Inc.
    29. Lu Zhang & Jiaying Gong & Yu Yang & Jing Li, 2025. "Cities in global and sustainable scientific collaboration network: unveiling cooperation centers," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-17, December.
    30. Wu, Ruohan & Wang, Ning, 2024. "The mixed effects of innovation strategies and bribery on firm performance: A Re-investigation via institutional quality," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 438-462.
    31. Kang, Yankun & Ma, Xin & Xie, Mi & Zhong, Ninghua, 2025. "Innovation’s false spring: U.S. export controls and Chinese patent quality," Journal of International Money and Finance, Elsevier, vol. 150(C).
    32. Chen, Bochao & Wang, Hang & Wang, Xianbin, 2024. "Innovation Like China: Evidence from Chinese Local Officials' Promotions," China Economic Review, Elsevier, vol. 86(C).
    33. Xin Su & Shengwen Wang, 2024. "Impact of China’s free trade zones on the innovation performance of firms: evidence from a quasi-natural experiment," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-17, December.

  8. Kjetil Storesletten & Bo Zhao & Fabrizio Zilibotti, 2019. "Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective," Cowles Foundation Discussion Papers 2191, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Howes, Cooper, 2022. "Why does structural change accelerate in recessions? The credit reallocation channel," Journal of Financial Economics, Elsevier, vol. 144(3), pages 933-952.
    2. Tasso Adamopoulos & Loren Brandt & Jessica Leight & Diego Restuccia, 2017. "Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China," NBER Working Papers 23039, National Bureau of Economic Research, Inc.
    3. Buera, Francisco & Kaboski, Joseph & Mestieri, Marti & O'Connor, Daniel, 2022. "The Stable Transformation Path," CEPR Discussion Papers 15351, C.E.P.R. Discussion Papers.
    4. Alexander Bick & Nicola Fuchs-Schündeln & David Lagakos & Hitoshi Tsujiyama, 2021. "Structural Change in Labor Supply and Cross-Country Differences in Hours Worked," NBER Working Papers 29099, National Bureau of Economic Research, Inc.
    5. Alessio Moro & Omar Rachedi, 2018. "The changing structure of goverment consumption spending," Working Papers 1840, Banco de España.
    6. Alberto Dalmazzo & Guido de Blasio & Samuele Poy, 2021. "Gimme shelter. Public housing programs and industrialization. The INA-casa plan, Italy," Discussion Paper series in Regional Science & Economic Geography 2021-09, Gran Sasso Science Institute, Social Sciences, revised Jun 2021.
    7. Francisco J. Buera & Joseph P. Kaboski & Robert M. Townsend, 2021. "From Micro to Macro Development," NBER Working Papers 28423, National Bureau of Economic Research, Inc.
    8. Titan Alon & Minki Kim & David Lagakos & Mitchell VanVuren, 2020. "How Should Policy Responses to the COVID-19 Pandemic Differ in the Developing World?," NBER Working Papers 27273, National Bureau of Economic Research, Inc.
    9. Xiao Ma, 2024. "College Expansion, Trade, And Innovation: Evidence From China," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(1), pages 315-351, February.
    10. Ma, Xiao, 2020. "College Expansion, Trade and Innovation: Evidence from China," MPRA Paper 109469, University Library of Munich, Germany.
    11. Bonadio, Barthelemy & Huo, Zhen & Levchenko, Andrei & Pandalai-Nayar, Nitya, 2023. "Globalization, Structural Change and International Comovement," CEPR Discussion Papers 18250, C.E.P.R. Discussion Papers.
    12. Wen Yao & Xiaodong Zhu, 2021. "Structural Change And Aggregate Employment Fluctuations In China," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(1), pages 65-100, February.
    13. Yin Germaschewski, 2023. "House price volatility in China: Demand versus supply," Economic Inquiry, Western Economic Association International, vol. 61(1), pages 199-220, January.
    14. Zhao, Bo, 2020. "COVID-19 pandemic, health risks, and economic consequences: Evidence from China," China Economic Review, Elsevier, vol. 64(C).
    15. Juan Herreno & Sergio Ocampo, 2020. "Self-Employment and Development," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20209, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    16. Blanco, Cesar & Diz, Sebastian, 2021. "Optimal monetary policy with non-homothetic preferences," MPRA Paper 107427, University Library of Munich, Germany.

  9. Heathcote, Jonathan & Storesletten, Kjetil & Violante, Giovanni, 2019. "Optimal Progressivity with Age-Dependent Taxation," CEPR Discussion Papers 13550, C.E.P.R. Discussion Papers.

    Cited by:

    1. Stefanie Stantcheva, 2020. "Dynamic Taxation," NBER Working Papers 26704, National Bureau of Economic Research, Inc.
    2. Ortigueira, Salvador & Siassi, Nawid, 2021. "On the Optimal Reform of Income Support for Single Parents," ECON WPS - Working Papers in Economic Theory and Policy 05/2021, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    3. Mariacristina De Nardi & Svetlana Pashchenko & Ponpoje Porapakkarm, 2017. "The Lifetime Costs of Bad Health," Working Papers 2017-079, Human Capital and Economic Opportunity Working Group.
    4. Rauh, C. & Santos, M. R., 2022. "How do transfers and universal basic income impact the labor market and inequality?," Janeway Institute Working Papers 2205, Faculty of Economics, University of Cambridge.
    5. Costa, Carlos Eugênio da & Santos, Marcelo Rodrigues dos, 2020. "Progressive Consumption Taxes," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 819, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    6. Chung Tran & Nabeeh Zakariyya, 2023. "Progressive Pension and Optimal Tax Progressivity," ANU Working Papers in Economics and Econometrics 2023-691, Australian National University, College of Business and Economics, School of Economics.
    7. Boháček, Radim & Kejak, Michal, 2018. "Optimal government policies in models with heterogeneous agents," Journal of Economic Theory, Elsevier, vol. 176(C), pages 834-858.
    8. Uribe-Terán, Carlos, 2021. "Higher taxes at the top? The role of tax avoidance," Journal of Economic Dynamics and Control, Elsevier, vol. 129(C).
    9. Yu, Zhixiu, 2024. "Why are older men working more? The role of social security," Journal of Public Economics, Elsevier, vol. 231(C).
    10. Francesca Parodi, 2020. "Taxation of Consumption and Labor Income: a Quantitative Approach," Carlo Alberto Notebooks 609, Collegio Carlo Alberto.
    11. Di Nola, Alessandro & Kocharkov, Georgi & Scholl, Almuth & Tkhir, Anna-Mariia & Wang, Haomin, 2024. "Taxation of top incomes and tax avoidance," Discussion Papers 25/2024, Deutsche Bundesbank.
    12. Jung Benjamin & Walter Timo, 2024. "Progressive Taxation and Social Welfare: Quantifying the Effects of the “German Tax-Reform 2000”," German Economic Review, De Gruyter, vol. 25(3), pages 209-239.
    13. Abdoulaye Ndiaye, 2017. "Flexible Retirement and Optimal Taxation," Working Paper Series WP-2018-18, Federal Reserve Bank of Chicago.
    14. Vedor, Bernardo, 2022. "Investment-Specific Technological Change and Universal Basic Income in the U.S," MPRA Paper 111675, University Library of Munich, Germany.
    15. soyoung Lee, 2018. "The Role of Firm Heterogeneity in the Earnings Inequality," 2018 Meeting Papers 1155, Society for Economic Dynamics.
    16. Aleh Tsyvinski & Nicolas Werquin, 2017. "Generalized Compensation Principle," NBER Working Papers 23509, National Bureau of Economic Research, Inc.
    17. Brant Abbott, 2021. "Incomplete Markets and Parental Investments in Children," Working Paper 1452, Economics Department, Queen's University.
    18. Bairoliya, Neha & McKiernan, Kathleen, 2024. "The welfare costs of misinformation," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
    19. Grancini, Stefano, 2021. "Risk Aversion and Fiscal Consolidation Programs," MPRA Paper 105500, University Library of Munich, Germany.
    20. César Urquizo Ubillús, 2025. "Lifetime Hours Inequality and Occupational Choice," Working Papers 208, Peruvian Economic Association.
    21. Gustafsson, Johan, 2024. "Favorable tax treatment of older workers in general equilibrium," Umeå Economic Studies 1023, Umeå University, Department of Economics.
    22. Louis Kaplow, 2024. "Optimal Income Taxation," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 637-738, June.
    23. Brant Abbott, 2021. "Online Appendix to "Incomplete Markets and Parental Investments in Children"," Online Appendices 19-186, Review of Economic Dynamics.
    24. De Dominicis, Piero, 2020. "Routinization and Covid-19: a comparison between United States and Portugal," MPRA Paper 101003, University Library of Munich, Germany.
    25. Louis Kaplow, 2022. "Optimal Income Taxation," NBER Working Papers 30199, National Bureau of Economic Research, Inc.

  10. 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. 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. 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.
    6. 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.

  11. Kjetil Storesletten & Gueorgui Kambourov & Loren Brandt, 2016. "Firm Entry and Regional Growth Disparities: the Effect of SOEs in China," 2016 Meeting Papers 182, Society for Economic Dynamics.

    Cited by:

    1. Kjetil Storesletten & Bo Zhao & Fabrizio Zilibotti, 2019. "Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective," NBER Working Papers 26181, National Bureau of Economic Research, Inc.
    2. Lorenzo Caliendo & Aleh Tsyvinski & Fernando Parro, 2018. "Distortions and the Structure of the World Economy," 2018 Meeting Papers 168, Society for Economic Dynamics.
    3. Stephan Heblich & Marlon Seror & Hao Xu & Yanos Zylberberg, 2022. "Industrial Clusters in the Long Run: Evidence from Million-Rouble Plants in China," NBER Working Papers 30744, National Bureau of Economic Research, Inc.
    4. Clement Imbert & Marlon Seror & Yifan Zhang & Yanos Zylberberg, 2018. "Migrants and Firms: Evidence from China," CESifo Working Paper Series 7440, CESifo.
    5. Marta Aloi & Huw Dixon & Anthony Savagar, 2018. "Labour responses, regulation and business churn in a small open economy," Discussion Papers 2018/06, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    6. Ruochen Dai & Dilip Mookherjee & Kaivan Munshi & Xiaobo Zhang, 2019. "The Community Origins of Private Enterprise in China," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-320, Boston University - Department of Economics.
    7. Michael König & Zheng Michael Song & Kjetil Storesletten & Fabrizio Zilibotti, 2020. "From Imitation to Innovation: Where Is all that Chinese R&D Going?," NBER Working Papers 27404, National Bureau of Economic Research, Inc.
    8. Dai, R. & Mookherjee, D. & Munshi, K. & Zhang, X., 2018. "Community Networks and the Growth of Private Enterprise in China," Cambridge Working Papers in Economics 1850, Faculty of Economics, University of Cambridge.

  12. John Hassler & Kjetil Storesletten & Fabrizio Zilibotti, 2015. "A Positive Theory of Geographic Mobility and Social Insurance," Working Papers 86, Barcelona School of Economics.

    Cited by:

    1. Matthias Doepke & Fabrizio Zilibotti, 2005. "The Macroeconomics of Child Labor Regulation," American Economic Review, American Economic Association, vol. 95(5), pages 1492-1524, December.
    2. Assar Lindbeck, 2002. "The European Social Model: Lessons for Developing Countries," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 19(01), pages 1-13.
    3. Pica Giovanni, 2010. "Capital Markets Integration and Labor Market Institutions," The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-57, March.
    4. Daniele Coen-Pirani, 2017. "Geographic Mobility and Redistribution - A Macro-Economic Analysis," 2017 Meeting Papers 1079, Society for Economic Dynamics.
    5. Christian Bayer & Falko Juessen, 2012. "On the Dynamics of Interstate Migration: Migration Costs and Self-Selection," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(3), pages 377-401, July.
    6. Konstantinos Tatsiramos, 2009. "Geographic labour mobility and unemployment insurance in Europe," Journal of Population Economics, Springer;European Society for Population Economics, vol. 22(2), pages 267-283, April.
    7. Melanie Arntz & Simon Lo & Ralf Wilke, 2014. "Bounds analysis of competing risks: a non-parametric evaluation of the effect of unemployment benefits on migration," Empirical Economics, Springer, vol. 46(1), pages 199-228, February.
    8. Persson, Mats & Sandmo, Agnar, 2002. "Taxation and Tournaments," Seminar Papers 715, Stockholm University, Institute for International Economic Studies.
    9. Quentin David & Alexandre Janiak & Etienne Wasmer, 2010. "Local social capital and geographical mobility," Post-Print hal-01024088, HAL.
    10. Alberto Alesina & Yann Algan & Pierre Cahuc & Paola Giuliano, 2015. "Family Values and the Regulation of Labor," Post-Print hal-03568223, HAL.
    11. Michau, Jean-Baptiste, 2009. "Unemployment insurance and cultural transmission: theory and application to European unemployment," LSE Research Online Documents on Economics 28605, London School of Economics and Political Science, LSE Library.
    12. Roc Armenter & Francesc Ortega, 2010. "Credible Redistributive Policies and Migration across US States," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(2), pages 403-423, April.
    13. Quentin David & Alexandre Janiak & Etienne Wasmer, 2008. "Local social capital and geographical mobility. A theory," Documentos de Trabajo 248, Centro de Economía Aplicada, Universidad de Chile.
    14. Spencer G. Lyon & Michael E. Waugh, 2018. "Redistributing the Gains From Trade Through Progressive Taxation," NBER Working Papers 24784, National Bureau of Economic Research, Inc.
    15. Florence Huart & Médédé Tchakpalla, 2018. "Labor Market Conditions and Geographic Mobility in the Eurozone," Post-Print hal-01913958, HAL.
    16. Cooley, Thomas & Guner, Nezih & Caucutt, Elizabeth, 2007. "The Farm, the City and the Emergence of Social Security," CEPR Discussion Papers 6131, C.E.P.R. Discussion Papers.
    17. Etienne Wasmer, 1996. "General versus Specific Skills in Labor Markets with Search Frictions and Firing Costs," Post-Print hal-03588639, HAL.
    18. Gao, Mingze & Leung, Henry & Qiu, Buhui, 2021. "Organization capital and executive performance incentives," Journal of Banking & Finance, Elsevier, vol. 123(C).
    19. Chase Lee, Chaeho & Atukeren, Erdal & Kim, Hohyun, 2025. "Organizational capital and stock performance during Crises: Moderating role of generalist CEO," The North American Journal of Economics and Finance, Elsevier, vol. 75(PA).
    20. Mendez, Ildefonso, 2008. "Intergenerational Time Transfers and Internal Migration: Accounting for Low Spatial Mobility in Southern Europe," MPRA Paper 8654, University Library of Munich, Germany.
    21. Paweł Kaczmarczyk, 2013. "Are immigrants a burden for the state budget? Review paper," RSCAS Working Papers 2013/79, European University Institute.
    22. Hassler, John & Rodriguez Mora, José V., 2002. "Should UI Benefits Really Fall Over Time?," IZA Discussion Papers 622, Institute of Labor Economics (IZA).
    23. Etienne Wasmer & Peter Fredriksson & Ana Lamo & Julian Messina & Giovanni Peri, 2005. "The Macroeconomics of Education," SciencePo Working papers Main hal-03458955, HAL.
    24. Bonfiglioli, Alessandra & Gancia, Gino, 2014. "Heterogeneity, Selection and Labor Market Disparities," CEPR Discussion Papers 9981, C.E.P.R. Discussion Papers.
    25. Neugart, Michael, 2005. "Unemployment insurance: The role of electoral systems and regional labour markets," European Journal of Political Economy, Elsevier, vol. 21(4), pages 815-829, December.
    26. Wilke, Ralf A. & Lo, Simon M. S. & Arntz, Melanie, 2007. "Bounds Analysis of Competing Risks: A Nonparametric Evaluation of the Effect of Unemployment Benefits on Imigration in Germany," ZEW Discussion Papers 07-049, ZEW - Leibniz Centre for European Economic Research.
    27. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 319-354, May.
    28. Kjetil Storesletten, 2003. "The Research Agenda: Kjetil Storesletten on Inequality in Macroeconomics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 5(1), November.
    29. Wasmer, Etienne & Rosén, Åsa, 2002. "Higher Education Levels, Firm's Outside Options and the Wage Structure," CEPR Discussion Papers 3186, C.E.P.R. Discussion Papers.
    30. David E. Frame, 2008. "Regional Migration and House Price Appreciation," International Real Estate Review, Global Social Science Institute, vol. 11(1), pages 96-112.
    31. Andrea Vindigni, 2008. "Uncertainty and the Politics of Employment Protection," LABORatorio R. Revelli Working Papers Series 77, LABORatorio R. Revelli, Centre for Employment Studies.
    32. Vincent Anesi & Philippe De Donder, 2013. "A coalitional theory of unemployment insurance and employment protection," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(3), pages 941-977, April.
    33. Jan Eeckhout & Korie Amberger, 2017. "Labor Market Liquidity," 2017 Meeting Papers 839, Society for Economic Dynamics.
    34. Andrea Morescalchi, 2016. "A new career in a new town. Job search methods and regional mobility of unemployed workers," ERSA conference papers ersa16p307, European Regional Science Association.
    35. Etienne Wasmer, 2006. "Interpreting Europe and US labor markets differences : the specificity of human capital investments," SciencePo Working papers Main hal-01021294, HAL.
    36. Aida Caldera Sánchez & Dan Andrews, 2011. "To Move or not to Move: What Drives Residential Mobility Rates in the OECD?," OECD Economics Department Working Papers 846, OECD Publishing.
    37. Hassler, John & Rodríguez Mora, José V., 2008. "Unemployment insurance design: Inducing moving and retraining," European Economic Review, Elsevier, vol. 52(5), pages 757-791, July.
    38. Niepelt, Dirk, 2003. "Tax Evasion Dynamics," Seminar Papers 721, Stockholm University, Institute for International Economic Studies.
    39. Doepke, Matthias & Zilibotti, Fabrizio, 2014. "Culture, Entrepreneurship, and Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 0, pages 1-48, Elsevier.
    40. Fabrizio Zilibotti, 2005. "The Research Agenda: Fabrizio Zilibotti on the Equilibrium Dynamics of Policies and Institutions," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 7(1), November.
    41. Lalé, Etienne, 2012. "Trends in occupational mobility in France: 1982–2009," Labour Economics, Elsevier, vol. 19(3), pages 373-387.
    42. Belot, M.V.K., 2001. "Why is the Employment Protection Stricter in Europe than in the US?," Discussion Paper 2001-79, Tilburg University, Center for Economic Research.
    43. Ildefonso Mendez, 2008. "Intergenerational Time Transfers and Internal Migration: Accounting for Low Spatial Mobility in Southern Europe," Working Papers wp2008_0811, CEMFI.
    44. Belot, M.V.K., 2001. "Why is the Employment Protection Stricter in Europe than in the US?," Other publications TiSEM 1b89c06b-a254-4d69-8d7f-a, Tilburg University, School of Economics and Management.
    45. Christian Bayer & Klaus Wälde, 2010. "Matching and Saving in Continuous Time: Theory," Working Papers 1004, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, revised 13 Jan 2010.
    46. Andrea Vindigni & Simone Scotti & Cristina Tealdi, 2013. "Uncertainty and the Politics of Employment Protection," Carlo Alberto Notebooks 298, Collegio Carlo Alberto.
    47. Catalina Amuedo-Dorantes & Cristina Borra, 2018. "Internal Mobility after the Expansion of the Welfare State: Evidence from Spain," RFBerlin Discussion Paper Series 1806, Rockwool Foundation Berlin (RF Berlin).
    48. Parkhomenko, Andrii, 2016. "Opportunity to Move: Macroeconomic Effects of Relocation Subsidies," MPRA Paper 75256, University Library of Munich, Germany.
    49. Laszlo Goerke & Markus Pannenberg & Heinrich Ursprung, 2010. "A positive theory of the earnings relationship of unemployment benefits," Public Choice, Springer, vol. 145(1), pages 137-163, October.
    50. Niepelt, Dirk, 2003. "Intra-Generational Conflict: The Role of Balanced Budget Rules," Seminar Papers 722, Stockholm University, Institute for International Economic Studies.
    51. Amuedo-Dorantes, Catalina & Borra, Cristina, 2021. "The role of non-contributory pensions on internal mobility in Spain," Labour Economics, Elsevier, vol. 70(C).
    52. Hasan, Mostafa Monzur & Lobo, Gerald J. & Qiu, Buhui, 2021. "Organizational capital, corporate tax avoidance, and firm value," Journal of Corporate Finance, Elsevier, vol. 70(C).
    53. Niklas Potrafke, 2010. "Labor market deregulation and globalization: empirical evidence from OECD countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 146(3), pages 545-571, September.
    54. Wasmer, Etienne, 2003. "Interpreting European and US Labour Market Differences: The Specificity of Human Capital Investments," CEPR Discussion Papers 3780, C.E.P.R. Discussion Papers.
    55. Bjoern Bruegemann, 2005. "Does Employment Protection Create Its Own Political Support? The Role of Wage Determination," 2005 Meeting Papers 811, Society for Economic Dynamics.
    56. Indermit Gill & Johannes Koettl & Truman Packard, 2013. "Full employment: a distant dream for Europe," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-34, December.

  13. Zilibotti, Fabrizio & Storesletten, Kjetil & Müller, Andreas, 2015. "Sovereign Debt and Structural Reforms," CEPR Discussion Papers 10588, C.E.P.R. Discussion Papers.

    Cited by:

    1. Philipp Renner & Karl Schmedders, 2020. "Discrete‐time dynamic principal–agent models: Contraction mapping theorem and computational treatment," Quantitative Economics, Econometric Society, vol. 11(4), pages 1215-1251, November.
    2. Lukas Mayr & João Brogueira de Sousa & Ramon Marimon, 2022. "On the Design of a European Unemployment Insurance System," Working Papers 1330, Barcelona School of Economics.
    3. Clausen, Andrew & Strub, Carlo, 2020. "Reverse Calculus and nested optimization," Journal of Economic Theory, Elsevier, vol. 187(C).
    4. Shenzhe Jiang & Junjie Xia & Jiajun Xu & Jianye Yan, 2023. "A theory of National Development Bank: long-term investment and the agency problem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(3), pages 995-1024, October.
    5. Kai Arvai, 2021. "The Political Economy of Currency Unions," Working papers 850, Banque de France.
    6. Pierre C. Boyer & Brian Roberson & Christoph Esslinger, 2024. "Public Debt and the Political Economy of Reforms," American Economic Journal: Microeconomics, American Economic Association, vol. 16(3), pages 459-491, August.
    7. Francesco Carli & Leonor Modesto, 2022. "Sovereign debt, fiscal policy, and macroeconomic instability," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(6), pages 1386-1412, December.
    8. Damiano Sandri, 2018. "Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-Ins, or Bail-Outs?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(4), pages 665-693, December.
    9. Cristina Arellano & Yan Bai & Sandra Lizarazo, 2017. "Sovereign Risk Contagion," Staff Report 559, Federal Reserve Bank of Minneapolis.
    10. Fabian Fink & Almuth Scholl, 2011. "A Quantitative Model of Sovereign Debt, Bailouts and Conditionality," Working Paper Series of the Department of Economics, University of Konstanz 2011-46, Department of Economics, University of Konstanz.
    11. Galli, Carlo, 2019. "Self-fulfilling debt crises, fiscal policy and investment," LSE Research Online Documents on Economics 100942, London School of Economics and Political Science, LSE Library.
    12. Dal Colle, Alessandra, 2018. "The mechanics of commercial banking liberalization and growth," Journal of Banking & Finance, Elsevier, vol. 86(C), pages 194-203.
    13. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    14. Árpád Ábrahám & João Brogueira de Sousa & Ramon Marimon & Lukas Mayr, 2022. "On the design of a european unemployment insurance system," Economics Working Papers 1826, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Vinci, Francesca & Schang, Christopher, 2024. "Marrying fiscal rules & investment: a central fiscal capacity for Europe," Working Paper Series 2962, European Central Bank.
    16. Adrien Wicht & Yan Liu & Ramon Marimon, 2022. "Making Sovereign Debt Safe with a Financial Stability Fund," Working Papers 1331, Barcelona School of Economics.
    17. Flavia Corneli, 2018. "Sovereign debt maturity structure and its costs," Temi di discussione (Economic working papers) 1196, Bank of Italy, Economic Research and International Relations Area.
    18. Arvai, Kai, 2024. "The political economy of currency unions," Journal of International Economics, Elsevier, vol. 152(C).
    19. Matthew Greenblatt, 2020. "Bailouts, Inflation, and Risk-Sharing in Monetary Unions," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 48(3), pages 269-296, September.

  14. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2014. "Optimal Tax Progressivity: An Analytical Framework," CEPR Discussion Papers 9866, C.E.P.R. Discussion Papers.

    Cited by:

    1. Dominik Sachs & Sebastian Findeisen, 2016. "Optimal Financial Aid Policies for Students," 2016 Meeting Papers 1421, Society for Economic Dynamics.
    2. Kim, Jiseob & Wang, Yicheng, 2018. "Macroeconomic and distributional effects of mortgage guarantee programs for the poor," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 124-151.
    3. Wang, Chuan & Zhang, Mingjin, 2025. "Market-oriented reforms and wealth inequality in China," Economic Modelling, Elsevier, vol. 143(C).
    4. 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.
    5. Mark Huggett & Wenlan Luo, 2021. "Optimal Income Taxation: An Urban Economics Perspective," Opportunity and Inclusive Growth Institute Working Papers 51, Federal Reserve Bank of Minneapolis.
    6. 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.
    7. Stefanie Stantcheva, 2020. "Dynamic Taxation," NBER Working Papers 26704, National Bureau of Economic Research, Inc.
    8. Chung Tran & Sebastian Wende, 2017. "On the Marginal Excess Burden of Taxation in an Overlapping Generations Model," ANU Working Papers in Economics and Econometrics 2017-652, Australian National University, College of Business and Economics, School of Economics.
    9. Wickens, Michael R. & Heer, Burkhard, 2017. "Population Aging, Social Security and Fiscal Limits," CEPR Discussion Papers 11978, C.E.P.R. Discussion Papers.
    10. Svetlana Pashchenko & Ponpoje Porapakkarm, 2025. "Saving Motives over the Life-Cycle," Working Papers 2025-008, Human Capital and Economic Opportunity Working Group.
    11. Kasper Kragh Balke & Markus Karlman & Karin Kinnerud, 2024. "Winners and Losers from Property Taxation," Working Papers 04/2024, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
    12. Felix Wellschmied, 2021. "The welfare effects of asset mean‐testing income support," Quantitative Economics, Econometric Society, vol. 12(1), pages 217-249, January.
    13. Pierre Mabille, 2019. "Aggregate Precautionary Savings Motives," 2019 Meeting Papers 344, Society for Economic Dynamics.
    14. 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.
    15. Chao Fu & Shoya Ishimaru & John Kennan, 2019. "Government Expenditure on the Public Education System," NBER Working Papers 26425, National Bureau of Economic Research, Inc.
    16. Oliwia Komada & Krzysztof Makarski & Joanna Tyrowicz, 2017. "Welfare effects of fiscal policy in reforming the pension system," GRAPE Working Papers 11, GRAPE Group for Research in Applied Economics.
    17. LIM, Taejun & KIM, Aram, 2023. "How Progressive Is the Most Popular Tax Scheme? The Case of South Korea," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 64(1), pages 1-17, June.
    18. Nezih Guner & Javier López-Segovia & Roberto Ramos, 2020. "Reforming the individual income tax in Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 11(4), pages 369-406, December.
    19. Salvador Barrios & Viginta Ivaskaite-Tamosiune & Anamaria Maftei & Edlira Narazani & Janos Varga, 2018. "Progressive tax reforms in flat tax countries," JRC Working Papers on Taxation & Structural Reforms 2018-02, Joint Research Centre.
    20. Pawel Doligalski & Abdoulaye Ndiaye & Nicolas Werquin, 2020. "Redistribution with Performance Pay," CESifo Working Paper Series 8267, CESifo.
    21. Andy Glover & Jonathan Heathcote & Dirk Krueger & Jose Victor Rios-Rull, 2020. "Health versus Wealth: On the Distributional Effects of Controlling a Pandemic," Working Papers 2020-038, Human Capital and Economic Opportunity Working Group.
    22. Ufuk Akcigit & Douglas Hanley & Stefanie Stantcheva, 2016. "Optimal Taxation and R&D Policies," Working Papers 2016-031, Human Capital and Economic Opportunity Working Group.
    23. Musab Kurnaz & Mehmet Soytas, 2019. "Early Childhood Investment and Income Taxation," 2019 Meeting Papers 290, Society for Economic Dynamics.
    24. Marios Karabarbounis, 2020. "A Life-Cycle Model with Individual Volatility Dynamics," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 4, pages 159-171.
    25. Ortigueira, Salvador & Siassi, Nawid, 2021. "On the Optimal Reform of Income Support for Single Parents," ECON WPS - Working Papers in Economic Theory and Policy 05/2021, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    26. Niels-Jakob Harbo, Hansen & Karl, Harmenberg & Erik, Öberg & Hans-Henrik, Sievertsen, 2019. "On Using Pareto Distributions for Measuring Top-Income Gender Disparities," Working Papers 9-2019, Copenhagen Business School, Department of Economics.
    27. RÜdiger Bachman & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020. "The Welfare and Distributional Effects of Fiscal Volatility: A Quantitative Evaluation," Working Papers 2020-2, School of Economic Sciences, Washington State University.
    28. Jesper Bagger & Kazuhiko Sumiya & Mads Hejlesen & Rune Majlund Vejlin, 2019. "Income Taxation and the Equilibrium Allocation of Labor," 2019 Meeting Papers 841, Society for Economic Dynamics.
    29. Harmenberg, Karl, 2020. "A Simple Theory of Pareto Earnings," Working Papers 21-2020, Copenhagen Business School, Department of Economics.
    30. Nicola Fuchs-Schündeln & Dirk Krueger & André Kurmann & Étienne Lalé & Alexander Ludwig & Irina Popova, 2021. "The fiscal and welfare effects of policy responses to the Covid-19 school closures," CIRANO Working Papers 2021s-40, CIRANO.
    31. Alessandra Pizzo, 2023. "The welfare effects of tax progressivity in a frictional labor market," Post-Print hal-04278476, HAL.
    32. Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2020. "Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model," CESifo Working Paper Series 8051, CESifo.
    33. Adrien Auclert & Ludwig Straub & Matthew Rognlie, 2018. "The Intertemporal Keynesian Cross," 2018 Meeting Papers 999, Society for Economic Dynamics.
    34. Schünemann, Johannes & Trimborn, Timo, 2017. "Boosting taxes for boasting about houses: Status concerns in the housing market," ECON WPS - Working Papers in Economic Theory and Policy 05/2017, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
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  15. Iwan Barankay & Magnus Johannesson & John List & Richard Friberg & Matti Liski & Kjetil Storesletten, 2013. "Guest Editors' Preface to the Special Symposium on Field Experiments," Artefactual Field Experiments 00602, The Field Experiments Website.

    Cited by:

    1. Andrew Mearman, 2013. "How should economics curricula be evaluated?," Working Papers 20131306, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    2. Pavel Sokolov, 2013. "Scientific Fact between New Science and scienza nuova: Giambattista Vico’s factum and John Toland’s Matter of Fact," HSE Working papers WP BRP 25/HUM/2013, National Research University Higher School of Economics.

  16. Zilibotti, Fabrizio & Storesletten, Kjetil & Song, Zheng Michael & Wang, Yikai, 2012. "Sharing High Growth Across Generations: Pensions and Demographic Transition in China," CEPR Discussion Papers 9156, C.E.P.R. Discussion Papers.

    Cited by:

    1. Doepke, M. & Tertilt, M., 2016. "Families in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1789-1891, Elsevier.
    2. Francesco Lancia & Alessia Russo & Tim Worrall, 2024. "Intergenerational Insurance," Papers 2404.10090, arXiv.org.
    3. Jingjing Xu, 2024. "Intergenerational transfers in China: What are the patterns of the transfers and when do the transfers occur?," International Studies of Economics, John Wiley & Sons, vol. 19(1), pages 117-150, March.
    4. Wei Zheng & Zining Liu & Ruo Jia, 2019. "How private sector participation improves retirement preparation: A case from China," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 44(1), pages 123-147, January.
    5. Oliwia Komada & Krzysztof Makarski & Joanna Tyrowicz, 2017. "Welfare effects of fiscal policy in reforming the pension system," GRAPE Working Papers 11, GRAPE Group for Research in Applied Economics.
    6. Zhao, Weimin & Chen, Na, 2024. "Does old-age security promote rural residents' consumption? A decomposition based on contribution and replacement rates," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 817-830.
    7. Francesco Lancia & Alessia Russo & Tim Worrall, 2020. "Optimal Sustainable Intergenerational Insurance," Edinburgh School of Economics Discussion Paper Series 300, Edinburgh School of Economics, University of Edinburgh.
    8. Anping Chen & Nicolaas Groenewold, 2017. "An increase in the retirement age in China: the regional economic effects," Applied Economics, Taylor & Francis Journals, vol. 49(7), pages 702-721, February.
    9. Juan Carlos Conesa & Yan Wang, 2020. "The role of demographics and migration for the future of economic growth in China," Department of Economics Working Papers 20-08, Stony Brook University, Department of Economics.
    10. Jiang, Yunyun & Zhao, Tianhao & Zheng, Haitao, 2021. "Population aging and its effects on the gap of urban public health insurance in China," China Economic Review, Elsevier, vol. 68(C).
    11. Jane Golley & Rod Tyers & Yixiao Zhou, 2016. "Fertility And Savings Contractions In China: Long-Run Global Implications," Economics Discussion / Working Papers 16-24, The University of Western Australia, Department of Economics.
    12. Yuanyuan Deng & Hanming Fang & Katja Hanewald & Shang Wu, 2021. "Delay the Pension Age or Adjust the Pension Bene?t? Implications for Labor Supply and Individual Welfare in China," PIER Working Paper Archive 21-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    13. Horag Choi & Steven Lugauer & Nelson C. Mark, 2014. "Precautionary Saving of Chinese and U.S. Households," NBER Working Papers 20527, National Bureau of Economic Research, Inc.
    14. Michael Dotsey, 2019. "Demographic Aging, Industrial Policy, and Chinese Economic Growth," 2019 Meeting Papers 640, Society for Economic Dynamics.
    15. Frédéric Gannon & Gilles Le Garrec & Vincent Touzé, 2019. "The south's demographic transition and international capital flows in a financially integrated world economy," Working Papers hal-03403272, HAL.
    16. Steven Lugauer & Jinlan Ni & Zhichao Yin, 2014. "Micro-Data Evidence on Family Size and Chinese Saving Rates," Working Papers 023, University of Notre Dame, Department of Economics, revised Jun 2014.
    17. Hui He & Lei Ning & Dongming Zhu, 2019. "The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply," IMF Working Papers 2019/061, International Monetary Fund.
    18. Kaiji Chen & Yi Wen, 2015. "The great housing boom of China," FRB Atlanta CQER Working Paper 2015-3, Federal Reserve Bank of Atlanta.
    19. Chadwick C. Curtis & Steven Lugauer & Nelson Mark, "undated". "Demographics and Aggregate Household Saving in Japan, China, and India," GRU Working Paper Series GRU_2016_010, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    20. Qingyuan Du & Shang-Jin Wei, 2011. "A Darwinian Perspective on "Exchange Rate Undervaluation"," NBER Working Papers 16788, National Bureau of Economic Research, Inc.
    21. Xiang Zhang & Yanhuang Zheng & Chuanhao Tian, 2021. "Who Benefits from the Housing Provident Fund System in China? An Analysis of the Internal Rate of Return for Typical Employees with Different Incomes," Sustainability, MDPI, vol. 13(9), pages 1-18, April.
    22. Phitawat Poonpolkｌ & Ponpoje Porapakkarm & Nada Wasi, 2023. "Aging, Inadequacy, and Fiscal Constraint: The Case of Thailand," GRIPS Discussion Papers 22-14, National Graduate Institute for Policy Studies.
    23. Ingvild Almas & Ashild Johnsen, 2018. "The cost of a growth miracle - reassessing price and poverty trends in China," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 239-264, October.
    24. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2024. "Capital income taxation and reforming social security in an OLG economy," Journal of Economic Dynamics and Control, Elsevier, vol. 165(C).
    25. Abhijit Banerjee & Xin Meng & Tommaso Porzio & Nancy Qian, 2014. "Aggregate Fertility and Household Savings: A General Equilibrium Analysis using Micro Data," Working Papers id:5799, eSocialSciences.
    26. Lin, Hsuan-Chih & Tanaka, Atsuko & Wu, Po-Shyan, 2021. "Shifting from pay-as-you-go to individual retirement accounts: A path to a sustainable pension system," Journal of Macroeconomics, Elsevier, vol. 69(C).
    27. Yueqiang Zhao & Manying Bai & Peng Feng & Mengyuan Zhu, 2018. "Stochastic Assessments of Urban Employees’ Pension Plan of China," Sustainability, MDPI, vol. 10(4), pages 1-15, March.
    28. Huang, Qian & Fan, Ziang, 2025. "Relaxation of fertility policy and firm’s short-term hiring of female employees: Evidence from China," World Development, Elsevier, vol. 188(C).
    29. Andrea Čajková & Peter Čajka, 2021. "Challenges and Sustainability of China’s Socio-Economic Stability in the Context of Its Demographic Development," Societies, MDPI, vol. 11(1), pages 1-20, March.
    30. Bo Zhao, 2015. "Rational housing bubble," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(1), pages 141-201, September.
    31. Baeten, Steef & Van Ourti, Tom & van Doorslaer, Eddy, 2013. "Rising inequalities in income and health in China: Who is left behind?," Journal of Health Economics, Elsevier, vol. 32(6), pages 1214-1229.
    32. Beetsma, Roel M. W. J. & Komada, Oliwia & Makarski, Krzysztof & Tyrowicz, Joanna, 2021. "The Political (In)Stability of Funded Social Security," IZA Discussion Papers 14765, Institute of Labor Economics (IZA).
    33. Qing Zhao & Zhen Li & Taichang Chen, 2016. "The Impact of Public Pension on Household Consumption: Evidence from China’s Survey Data," Sustainability, MDPI, vol. 8(9), pages 1-15, September.
    34. Xue, Jianpo & Yip, Chong K., 2017. "One-child policy in China: A unified growth analysis," BOFIT Discussion Papers 22/2017, Bank of Finland Institute for Emerging Economies (BOFIT).
    35. 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.
    36. Li, Chengjian & Lin, Shuanglin, 2019. "China's explicit social security debt: How large?," China Economic Review, Elsevier, vol. 53(C), pages 128-139.
    37. Kudrna, George & Piggott, John & Poonpolkul, Phitawat, 2025. "Sustainable and equitable pension reform for emerging economies: An application to Indonesia," Economic Modelling, Elsevier, vol. 148(C).
    38. George Kudrna & John Piggott & Phitawat Poonpolkul, 2022. "Extending Pension Policy in Emerging Asia: An Overlapping-Generations Model Analysis for Indonesia," CAMA Working Papers 2022-14, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    39. Hyun Lee & Kai Zhao & Fei Zou, 2019. "Does the Early Retirement Policy Really Benefit Women?," Working papers 2019-12, University of Connecticut, Department of Economics.
    40. Andrew Mountford & Hillel Rapoport, 2014. "Migration Policy, African Population Growth and Global Inequality," Post-Print hal-01045176, HAL.
    41. Bean, Charles, 2016. "Living with low for long," LSE Research Online Documents on Economics 65803, London School of Economics and Political Science, LSE Library.
    42. Georges, Patrick & Seçkin, Aylin, 2016. "From pro-natalist rhetoric to population policies in Turkey? An OLG general equilibrium analysis," Economic Modelling, Elsevier, vol. 56(C), pages 79-93.
    43. Ge, Suqin & Yang, Dennis T. & Zhang, Junsen, 2012. "Population Policies, Demographic Structural Changes, and the Chinese Household Saving Puzzle," IZA Discussion Papers 7026, Institute of Labor Economics (IZA).
    44. Qingyuan Du & Shang Jin Wei, 2015. "A Darwinian Perspective on “Exchange Rate Undervaluationâ€," Working Papers id:7597, eSocialSciences.
    45. Kirill Moiseev, 2024. "Modeling the transition from pay-as-you-go to a fully funded pension system in Russia," Papers 2410.14004, arXiv.org.
    46. Fabrizio Zilibotti, 2017. "Growing and Slowing Down Like China," Journal of the European Economic Association, European Economic Association, vol. 15(5), pages 943-988.
    47. Benxi Lin & Zongjian Lin & Yu Yvette Zhang & Weiping Liu, 2018. "The Impact of the New Rural Pension Scheme on Retirement Sustainability in China: Evidence of Regional Differences in Formal and Informal Labor Supply," Sustainability, MDPI, vol. 10(12), pages 1-7, November.
    48. Chen, Yanran & Lyu, Youji, 2025. "Grandchild care and grandparents’ labor supply," Economic Modelling, Elsevier, vol. 143(C).
    49. Li Yang, 2021. "Towards equity and sustainability? China’s pension system reform moves center stage," World Inequality Lab Working Papers halshs-03215912, HAL.
    50. Attanasio, O. & Bonfatti, A. & Kitao, S. & Weber, G., 2016. "Global Demographic Trends," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 179-235, Elsevier.
    51. Wang, Yin-Chi & Liao, Pei-Ju & Wang, Ping & Yip, Chong Kee, 2024. "To stay or to migrate? When Becker meets Harris-Todaro," European Economic Review, Elsevier, vol. 169(C).
    52. Moiseyev, K., 2024. "Modeling the transition from pay-as-you-go to a fully funded pension system in Russia," Journal of the New Economic Association, New Economic Association, vol. 64(3), pages 30-52.
    53. Isha Chawla & Joseph Svec, 2023. "Household savings and present bias among Chinese couples: A household bargaining approach," Journal of Consumer Affairs, Wiley Blackwell, vol. 57(1), pages 648-672, January.
    54. Li Yang, 2021. "Towards equity and sustainability? China’s pension system reform moves center stage," Working Papers halshs-03215912, HAL.
    55. Bollinger, Christopher & Ding, Xiaozhou & Lugauer, Steven, 2022. "The expansion of higher education and household saving in China," China Economic Review, Elsevier, vol. 71(C).

  17. Kjetil Storesletten & Jose-Victor Rios Rull & Yan Bai, 2011. "Demand Shocks that Look Like Productivity Shocks," 2011 Meeting Papers 99, Society for Economic Dynamics.

    Cited by:

    1. Nicolas Petrosky-Nadeau & Etienne Wasmer & Shutian Zeng, 2014. "Shopping Time," SciencePo Working papers hal-03460207, HAL.
    2. Paweł Kopiec, 2023. "Frictional product market, supply chains and the impact of government expenditures on private consumption," Bank i Kredyt, Narodowy Bank Polski, vol. 54(3), pages 285-308.
    3. Thomas Brzustowski & Nicolas Petrosky-Nadeau & Etienne Wasmer, 2016. "Disentangling Goods, Labor, and Credit Market Frictions in Three European Economies," SciencePo Working papers Main hal-03567961, HAL.
    4. Nicolas Petrosky-Nadeau & Etienne Wasmer, 2014. "Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions," SciencePo Working papers hal-01073540, HAL.
    5. Pengfei Wang & Yi Wen & Zhiwei Xu, 2017. "Online Appendix to ""Financial Development and Long-Run Volatility Trends"," Online Appendices 15-174, Review of Economic Dynamics.
    6. Nicolas Petrosky-Nadeau & Etienne Wasmer, 2016. "The efficiency of surplus sharing," 2016 Meeting Papers 1318, Society for Economic Dynamics.
    7. Ngotran, Duong & Ngo, Tien, 2013. "Retail Sector and Economic Development," MPRA Paper 61590, University Library of Munich, Germany, revised Aug 2014.
    8. Nicolas Petrosky-Nadeau & Etienne Wasmer & Philippe Weil, 2021. "When Hosios meets Phillips: Connecting Efficiency and Stability to Demand Shocks," Working Papers ECARES 2021-06, ULB -- Universite Libre de Bruxelles.
    9. Pengfei Wang & Yi Wen & Zhiwei Xu, 2013. "Financial development and long-run volatility trends," Working Papers 2013-003, Federal Reserve Bank of St. Louis.
    10. Etienne Wasmer & Nicolas Petrosky-Nadeau, 2011. "Propagation in a Model of Goods, Labor and Financial Market Frictions," 2011 Meeting Papers 119, Society for Economic Dynamics.

  18. Kjetil Storesletten & Giovanni L. Violante & Jonathan Heathcote, 2010. "Redistributive Taxation in a Partial-Insurance Economy," 2010 Meeting Papers 1124, Society for Economic Dynamics.

    Cited by:

    1. Ctirad Slavík & Hakki Yazici, 2019. "On the consequences of eliminating capital tax differentials," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(1), pages 225-252, February.
    2. 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.
    3. Jana Kremer & Nikolai Stähler, 2016. "Structural and Cyclical Effects of Tax Progression," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 72(1), pages 41-73, March.
    4. 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.
    5. Bagchi, Shantanu, 2013. "Is the Social Security Crisis Really as Bad as We Think?," MPRA Paper 56294, University Library of Munich, Germany, revised May 2014.
    6. Marco Del Negro & Fabrizio Perri & Fabiano Schivardi, 2010. "Tax buyouts," Staff Report 441, Federal Reserve Bank of Minneapolis.
    7. Trabandt, Mathias & Uhlig, Harald, 2011. "The Laffer curve revisited," Journal of Monetary Economics, Elsevier, vol. 58(4), pages 305-327.
    8. Shantanu Bagchi, 2016. "Differential Mortality and the Progressivity of Social Security," Upjohn Working Papers 16-263, W.E. Upjohn Institute for Employment Research.
    9. Bagchi, Shantanu, 2015. "Labor supply and the optimality of Social Security," Journal of Economic Dynamics and Control, Elsevier, vol. 58(C), pages 167-185.
    10. 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.
    11. 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.
    12. 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.
    13. 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.
    14. Markus Poschke & Baris Kaymak, 2015. "The evolution of wealth inequality over half a century: the role of skills, taxes and institutions," 2015 Meeting Papers 967, Society for Economic Dynamics.

  19. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative macroeconomics with heterogeneous households," Staff Report 420, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Angeletos, George-Marios & Panousi, Vasia, 2011. "Financial integration, entrepreneurial risk and global dynamics," Journal of Economic Theory, Elsevier, vol. 146(3), pages 863-896, May.
    2. Mankart, Jochen & Oikonomou, Rigas, 2015. "Household search and the aggregate labor market," Discussion Papers 26/2015, Deutsche Bundesbank.
    3. Timothy Cogley & Thomas J. Sargent & Viktor Tsyrennikov, 2013. "Wealth Dynamics in a Bond Economy with Heterogeneous Beliefs," Working Papers 2013-23, Economic Research Institute, Bank of Korea.
    4. Doepke, M. & Tertilt, M., 2016. "Families in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1789-1891, Elsevier.
    5. Krebs, Tom & Krishna, Pravin & Maloney, William F., 2013. "Income Mobility and Welfare," Working Papers 13-02, University of Mannheim, Department of Economics.
    6. Francisco Buera & Yongseok Shin, 2010. "Self-Insurance vs. Self-Financing: A Welfare Analysis of the Persistence of Shocks," 2010 Meeting Papers 1153, Society for Economic Dynamics.
    7. Jorge Rojas-Vallejos & Stephen J. Turnovsky, 2021. "Differential Tariffs and Income Inequality in the United States: Some Evidence from the States," Open Economies Review, Springer, vol. 32(1), pages 1-35, February.
    8. Richard M. H. Suen, 2012. "Time Preference and the Distribution of Wealth and Income," Working papers 2012-01, University of Connecticut, Department of Economics.
    9. Veronica Guerrieri & Guido Lorenzoni, 2011. "Credit Crises, Precautionary Savings, and the Liquidity Trap," NBER Working Papers 17583, National Bureau of Economic Research, Inc.
    10. Rossi, Barbara & Inoue, Atsushi & Anderson, Emily, 2013. "Heterogeneous Consumers and Fiscal Policy Shocks," CEPR Discussion Papers 9631, C.E.P.R. Discussion Papers.
    11. Takeshi Yagihashi & Juan Du, 2015. "Intertemporal elasticity of substitution and risk aversion: are they related empirically?," Applied Economics, Taylor & Francis Journals, vol. 47(15), pages 1588-1605, March.
    12. Jae Won Lee, 2012. "Aggregate Implications of Heterogeneous Households in a Sticky-Price Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(1), pages 1-22, February.
    13. Piero Gottardi & Atsushi Kajii & Tomoyuki Nakajima, 2014. "Optimal taxation and debt with uninsurable risks to human capital accumulation," CIGS Working Paper Series 14-007E, The Canon Institute for Global Studies.
    14. 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.
    15. Christoph Winter & Sigrid Roehrs, 2014. "Reducing Government Debt in the Presence of Inequality," 2014 Meeting Papers 176, Society for Economic Dynamics.
    16. Zongwu Cai & Hongwei Mei & Rui Wang, 2024. "Model Specification Tests of Heterogenous Agent Models with Aggregate Shocks under Partial Information," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202405, University of Kansas, Department of Economics, revised Feb 2024.
    17. Felicia Ionescu, 2011. "Risky Human Capital and Alternative Bankruptcy Regimes for Student Loans," Journal of Human Capital, University of Chicago Press, vol. 5(2), pages 153-206.
    18. Nicolas Petrosky-Nadeau, "undated". "TFP during a Credit Crunch," GSIA Working Papers 2010-E70, Carnegie Mellon University, Tepper School of Business.
    19. Bar Light & Gabriel Weintraub, 2019. "Mean Field Equilibrium: Uniqueness, Existence, and Comparative Statics," Papers 1903.02273, arXiv.org, revised Jun 2020.
    20. Jesús Fernández-Villaverde & Pablo A. Guerrón-Quintana, 2020. "Uncertainty Shocks and Business Cycle Research," NBER Working Papers 26768, National Bureau of Economic Research, Inc.
    21. Marco Cozzi, 2013. "Equilibrium Heterogeneous-agent Models As Measurement Tools: Some Monte Carlo Evidence," Working Paper 1277, Economics Department, Queen's University.
    22. RÜdiger Bachman & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020. "The Welfare and Distributional Effects of Fiscal Volatility: A Quantitative Evaluation," Working Papers 2020-2, School of Economic Sciences, Washington State University.
    23. von Hinke, Stephanie & Leckie, George, 2017. "Protecting energy intakes against income shocks," Journal of Economic Behavior & Organization, Elsevier, vol. 141(C), pages 210-232.
    24. Kartik B. Athreya & Devin Reilly & Nicole B. Simpson, 2014. "Young Unskilled Women and the Earned Income Tax Credit: Insurance Without Disincentives?," Working Paper 14-11, Federal Reserve Bank of Richmond.
    25. Laurens Cherchye & Ian Crawford & Bram De Rock & Frederic Vermeulen, 2012. "Aggregation without the aggravation? Nonparametric analysis of the representative consumer," CeMMAP working papers 03/12, Institute for Fiscal Studies.
    26. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Consumption and labor supply with partial insurance: an analytical framework," Staff Report 432, Federal Reserve Bank of Minneapolis.
    27. Berriel, Tiago Couto & Zilberman, Eduardo, 2011. "Targeting the poor: a macroeconomic analysis of cash transfer programs," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 726, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    28. Don Schlagenhauf & Bryan Noeth & Carlos Garriga, 2015. "Aggregate and Distributional Dynamics of Consumer Credit in the U. S," 2015 Meeting Papers 1095, Society for Economic Dynamics.
    29. Richard M. H. Suen, 2011. "Concave Consumption Function and Precautionary Wealth Accumulation," Working papers 2011-23, University of Connecticut, Department of Economics.
    30. Guillaume Rocheteau & Pierre-Olivier Weill & Russell Wong, 2017. "A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity," Working Paper 17-6, Federal Reserve Bank of Richmond.
    31. Olivier Bargain & Maria C. Lo Bue, 2021. "The economic gains of closing the employment gender gap: Evidence from Morocco," WIDER Working Paper Series wp-2021-79, World Institute for Development Economic Research (UNU-WIDER).
    32. Adams, Jonathan J. & Rojas, Eugenio, 2024. "Household Consumption and Dispersed Information," Journal of Monetary Economics, Elsevier, vol. 147(C).
    33. Greg Kaplan & Giovanni L. Violante, 2014. "A Model of the Consumption Response to Fiscal Stimulus Payments," Econometrica, Econometric Society, vol. 82(4), pages 1199-1239, July.
    34. Jae Won Lee, 2010. "Monetary Policy with Heterogeneous Households and Financial Frictions," Departmental Working Papers 201002, Rutgers University, Department of Economics.
    35. Emma Aisbett & Markus Brueckner & Ralf Steinhauser & Rhett Wilcox, 2025. "A Test of the Permanent Income Hypothesis When Households are Less Constrained," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 57(5), pages 1335-1360, August.
    36. Denis Gorea, 2013. "Tax Avoidance, Welfare Transfers, and Asset Prices," 2013 Meeting Papers 1054, Society for Economic Dynamics.
    37. Masakatsu Okubo, 2015. "Earnings Dynamics and Profile Heterogeneity: Estimates from Japanese Panel Data," The Japanese Economic Review, Japanese Economic Association, vol. 66(1), pages 112-146, March.
    38. N. B. Melnikov & A. P. Gruzdev & M. G. Dalton & M. Weitzel & B. C. O’Neill, 2021. "Parallel Extended Path Method for Solving Perfect Foresight Models," Computational Economics, Springer;Society for Computational Economics, vol. 58(2), pages 517-534, August.
    39. Galina Besstremyannaya & Richard Dasher & Egor Ganaga, 2024. "Consumer heterogeneity and the use of cashless payments in Japan in 2007–2020: a latent class approach," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 75, pages 33-53.
    40. GOTTARDI, Piero & KUBLER, Felix, 2012. "Dynamic Competitive Economies with Complete Markets and Collateral Constraints," Economics Working Papers ECO2012/17, European University Institute.
    41. Javier Fernandez-Blanco, 2017. "Unemployment Risks and Intra-Household Insurance," 2017 Meeting Papers 478, Society for Economic Dynamics.
    42. De Magalhaes,Leandro & Santaeulalia-Llopis,Raul, 2015. "The consumption, income, and wealth of the poorest: cross-sectional facts of rural and urban Sub-Saharan Africa for macroeconomists," Policy Research Working Paper Series 7337, The World Bank.
    43. Ragot, Xavier, 2014. "The case for a financial approach to money demand," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 94-107.
    44. Parra-Alvarez, Juan Carlos & Posch, Olaf & Wang, Mu-Chun, 2020. "Estimation of heterogeneous agent models: A likelihood approach," Discussion Papers 42/2020, Deutsche Bundesbank.
    45. Terézia Vančová, 2019. "The Excess Smoothness and Sensitivity of Consumption in the V4 Countries," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(6), pages 1653-1663.
    46. Hans Gersbach & Jean-Charles Rochet & Ernst-Ludwig von Thadden, 2024. "Fiscal Policy and the Balance Sheet of the Private Sector," CRC TR 224 Discussion Paper Series crctr224_2024_544, University of Bonn and University of Mannheim, Germany.
    47. Pedro Garcia Duarte, 2011. "Not Going Away? Microfoundations in the Making of a New Consensus in Macroeconomics," Working Papers, Department of Economics 2011_02, University of São Paulo (FEA-USP).
    48. McKay, Alisdair & Reis, Ricardo, 2016. "The role of automatic stabilizers in the U.S. business cycle," LSE Research Online Documents on Economics 64479, London School of Economics and Political Science, LSE Library.
    49. Giusto, Andrea & İşcan, Talan B., 2019. "Market Power And The Aggregate Saving Rate," Macroeconomic Dynamics, Cambridge University Press, vol. 23(6), pages 2269-2297, September.
    50. 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.
    51. Adrien Auclert, 2019. "Monetary Policy and the Redistribution Channel," American Economic Review, American Economic Association, vol. 109(6), pages 2333-2367, June.
    52. Sergio Ocampo & Baxter Robinson, 2022. "Computing Longitudinal Moments for Heterogeneous Agent Models," University of Western Ontario, Departmental Research Report Series 202210, University of Western Ontario, Department of Economics.
    53. 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.
    54. Krueger, D. & Mitman, K. & Perri, F., 2016. "Macroeconomics and Household Heterogeneity," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 843-921, Elsevier.
    55. Yu Zheng & Raul Santaeulalia, 2016. "The Price of Growth: Consumption Insurance in China 1989-2009," 2016 Meeting Papers 826, Society for Economic Dynamics.
    56. Franziska Piontek & Matthias Kalkuhl & Elmar Kriegler & Anselm Schultes & Marian Leimbach & Ottmar Edenhofer & Nico Bauer, 2019. "Economic Growth Effects of Alternative Climate Change Impact Channels in Economic Modeling," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1357-1385, August.
    57. Gersbach, Hans & Rochet, Jean-Charles & von Thadden, Ernst-Ludwig, 2023. "Public Debt and the Balance Sheet of the Private Sector," TSE Working Papers 23-1412, Toulouse School of Economics (TSE).
    58. Enrica Carbone & John Hey & Tibor Neugebauer, 2021. "An Experimental Comparison of Two Exchange Economies: Long-Lived Asset vs. Short-Lived Asset," Management Science, INFORMS, vol. 67(11), pages 6946-6962, November.
    59. Edouard Challe & Xavier Ragot, 2010. "Aggregate Consumption in Times of Crisis: The Role of Financial Frictions -super-1," CESifo Economic Studies, CESifo Group, vol. 56(4), pages 627-648, December.
    60. Jeanne, Olivier & Sandri, Damiano, 2020. "Optimal reserves in financially closed economies," Journal of International Money and Finance, Elsevier, vol. 104(C).
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    48. Gustavo A. Marrero & Jesús Rodríguez-López & Rosa Marina González, 2020. "Car usage, $${\text {CO}}_{2}$$CO2 emissions and fuel taxes in Europe," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 11(2), pages 203-241, June.
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    285. 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.
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    289. Dirk Krueger & Alexander Ludwig & Irina Popova, 2024. "Shaping Inequality and Intergenerational Persistence of Poverty: Free College or Better Schools," PIER Working Paper Archive 24-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
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    Cited by:

    1. Jaakkola, Niko & Spiro, Daniel & van Benthem, Arthur A., 2019. "Finders, keepers?," Journal of Public Economics, Elsevier, vol. 169(C), pages 17-33.
    2. Mathias Trabandt, 2007. "Optimal Pre-Announced Tax Reform Revisited," Economics Working Papers ECO2007/52, European University Institute.
    3. Christian Moser & Pedro Olea de Souza e Silva, 2019. "Optimal Paternalistic Savings Policies," Opportunity and Inclusive Growth Institute Working Papers 17, Federal Reserve Bank of Minneapolis.
    4. Kulp, Alison & Hartman, Joseph C., 2011. "Optimal tax depreciation with loss carry-forward and backward options," European Journal of Operational Research, Elsevier, vol. 208(2), pages 161-169, January.
    5. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2017. "Optimal Progressivity with Age-Dependent Taxation," Staff Report 551, Federal Reserve Bank of Minneapolis.
    6. Fabrizio Zilibotti, 2005. "The Research Agenda: Fabrizio Zilibotti on the Equilibrium Dynamics of Policies and Institutions," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 7(1), November.
    7. Klein, Paul, 2004. "Time Consistent Public Expenditures," CEPR Discussion Papers 4582, C.E.P.R. Discussion Papers.

  23. Zilibotti, Fabrizio & Storesletten, Kjetil & Song, Zheng Michael, 2007. "Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt," CEPR Discussion Papers 6359, C.E.P.R. Discussion Papers.

    Cited by:

    1. Tetsuo Ono & Yuki Uchida, 2016. "Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis," Discussion Papers in Economics and Business 16-01, Osaka University, Graduate School of Economics.
    2. Halac, Marina & Yared, Pierre, 2018. "Fiscal Rules and Discretion in a World Economy," CEPR Discussion Papers 12570, C.E.P.R. Discussion Papers.
    3. Ono, Tetsuo & Uchida, Yuki, 2018. "Capital Income Taxation, Economic Growth, and the Politics of Public Education," MPRA Paper 86523, University Library of Munich, Germany.
    4. Hans Gersbach, 2014. "Government Debt-Threshold Contracts," Economic Inquiry, Western Economic Association International, vol. 52(1), pages 444-458, January.
    5. Jinhui H. Bai & Ruediger Bachmann, 2010. "Government Purchases Over the Business Cycle: the Role of Heterogeneity and Wealth Bias in Political Decision Making," 2010 Meeting Papers 621, Society for Economic Dynamics.
    6. Uchida, Yuki & Ono, Tetsuo, 2021. "Political economy of taxation, debt ceilings, and growth," European Journal of Political Economy, Elsevier, vol. 68(C).
    7. Marco Bassetto, 2009. "The Research Agenda: Marco Bassetto on the Quantitative Evaluation of Fiscal Policy Rules," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 10(2), April.
    8. Matteo Picchio & Raffaella Santolini, 2019. "Fiscal rules and budget forecast errors of Italian Municipalities," Working Papers 438, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    9. Tetsuo Ono, 2014. "Aging, Pensions, and Growth," Discussion Papers in Economics and Business 14-17-Rev.2, Osaka University, Graduate School of Economics, revised Dec 2016.
    10. Casalin, Fabrizio & Dia, Enzo & Hughes Hallett, Andrew, 2020. "Public debt dynamics with tax revenue constraints," Economic Modelling, Elsevier, vol. 90(C), pages 501-515.
    11. Tetsuo Ono, 2013. "Public Education and Social Security: A Political Economy Approach," Discussion Papers in Economics and Business 13-06, Osaka University, Graduate School of Economics.
    12. Insook Lee, 2022. "Does Political Polarization Lead to a Rise in Government Debt?," Hacienda Pública Española / Review of Public Economics, IEF, vol. 241(2), pages 3-25, June.
    13. Yamada, Tomoaki, 2011. "A politically feasible social security reform with a two-tier structure," Journal of the Japanese and International Economies, Elsevier, vol. 25(3), pages 199-224, September.
    14. Francesco Lancia & Alessia Russo, 2013. "A Dynamic Politico-Economic Model of Intergenerational contracts," Vienna Economics Papers vie1304, University of Vienna, Department of Economics.
    15. Dirk Niepelt & Martin Gonzalez-Eiras, 2008. "Economic and Politico-Economic Equivalence of Fiscal Policies," 2008 Meeting Papers 631, Society for Economic Dynamics.
    16. Marco Battaglini & Stephen Coate, 2008. "Fiscal Policy over the Real Business Cycle: A Positive Theory," NBER Working Papers 14047, National Bureau of Economic Research, Inc.
    17. Tetsuo Ono, 2020. "Fiscal rules in a monetary economy: Implications for growth and welfare," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(1), pages 190-219, February.
    18. Dirk Niepelt, 2018. "Dynamic Tax Externalities and the U.S. Fiscal Transformation in the 1930s," Diskussionsschriften dp1803, Universitaet Bern, Departement Volkswirtschaft.
    19. Veronica Grembi & Tommaso Nannicini & Ugo Troiano, 2012. "Policy Responses to Fiscal Restraints: A Difference-in-Discontinuities Design," CESifo Working Paper Series 3999, CESifo.
    20. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    21. Christian Ghiglino & David Juárez-Luna & Andreas Müller, 2021. "Class Altruism and Redistribution [Institutions, factor pricing, and taxation: virtues of strong states?]," The Economic Journal, Royal Economic Society, vol. 131(640), pages 3274-3295.
    22. Ryo Arawatari & Tetsuo Ono, 2015. "A Political Economy Model of Earnings Mobility and Redistribution Policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(3), pages 346-382, June.
    23. Ali, Amjad, 2022. "Determining Pakistan's Financial Dependency: The Role of Financial Globalization and Corruption," MPRA Paper 116097, University Library of Munich, Germany.
    24. Uchida, Yuki & Ono, Tetsuo, 2023. "Generational Distribution of Fiscal Burdens: A Positive Analysis," MPRA Paper 113607, University Library of Munich, Germany.
    25. Ryo Arawatari & Tetsuo Ono, 2011. "A Political Economy Theory of Government Debt and Social Security," Discussion Papers in Economics and Business 11-33, Osaka University, Graduate School of Economics.
    26. Martin Fochmann & Florian Sachs & Abdolkarim Sadrieh & Joachim Weimann, 2018. "The two sides of public debt: Intergenerational altruism and burden shifting," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-27, August.
    27. Yun Pei & Zoe Xie, 2016. "A Quantitative Theory of Time-Consistent Unemployment Insurance," FRB Atlanta Working Paper 2016-11, Federal Reserve Bank of Atlanta.
    28. Mr. Giovanni Ganelli & Juha Tervala, 2016. "The Welfare Multiplier of Public Infrastructure Investment," IMF Working Papers 2016/040, International Monetary Fund.
    29. Pierre-Richard Agénor & Devrim Yilmaz, 2012. "Simple Dynamics of Public Debt with Productive Public Goods," Centre for Growth and Business Cycle Research Discussion Paper Series 165, Economics, The University of Manchester.
    30. Zheng Song, 2011. "The Dynamics of Inequality and Social Security in General Equilibrium," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 613-635, October.
    31. Ryo Arawatari & Tetsuo Ono, 2011. "Redistributive Politics and Government Debt in a Borrowing-constrained Economy," Discussion Papers in Economics and Business 11-02-Rev, Osaka University, Graduate School of Economics, revised Sep 2011.
    32. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Political economy of Ramsey taxation," Journal of Public Economics, Elsevier, vol. 95(7), pages 467-475.
    33. Marina Halac & Pierre Yared, 2017. "Fiscal Rules and Discretion under Self-Enforcement," NBER Working Papers 23919, National Bureau of Economic Research, Inc.
    34. Bernhardt, Dan & Krasa, Stefan & Mehdi Shadmehr, 2021. "Demagogues and the Fragility of Democracy," QAPEC Discussion Papers 05, Quantitative and Analytical Political Economy Research Centre.
    35. Tetsuo Ono, 2014. "Economic Growth and the Politics of Intergenerational Redistribution," Discussion Papers in Economics and Business 14-17-Rev., Osaka University, Graduate School of Economics, revised Sep 2015.
    36. Tamai, Toshiki, 2023. "The rate of discount on public investments with future bias in an altruistic overlapping generations model," European Journal of Political Economy, Elsevier, vol. 79(C).
    37. Zheng Song & Kaiji Chen, 2009. "Markovian Social Security in Unequal Societies," 2009 Meeting Papers 318, Society for Economic Dynamics.
    38. Tetsuo Ono & Yuki Uchida, 2014. "Pensions, Education, and Growth: A Positive Analysis," Discussion Papers in Economics and Business 14-37-Rev., Osaka University, Graduate School of Economics, revised Aug 2015.
    39. Marina Halac & Pierre Yared, 2019. "Fiscal Rules and Discretion under Limited Enforcement," NBER Working Papers 25463, National Bureau of Economic Research, Inc.
    40. Pierre C. Boyer & Brian Roberson & Christoph Esslinger, 2024. "Public Debt and the Political Economy of Reforms," American Economic Journal: Microeconomics, American Economic Association, vol. 16(3), pages 459-491, August.
    41. Real Arai & Katsuyuki Naito & Tetsuo Ono, 2018. "Intergenerational policies, public debt, and economic growth: a politico-economic analysis," Discussion Papers in Economics and Business 18-12, Osaka University, Graduate School of Economics.
    42. Ryo Arawatari & Tetsuo Ono, 2023. "International coordination of debt rules with time‐inconsistent voters," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(1), pages 29-60, February.
    43. Mickael Melki & Andrew Pickering, 2022. "Ideological polarization and government debt," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(4), pages 811-833, August.
    44. Esslinger, Christoph & Mueller, Cornelius, 2014. "State Capacity and Public Debt: A political economy analysis," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100311, Verein für Socialpolitik / German Economic Association.
    45. Guo, Si & Pei, Yun & Xie, Zoe, 2022. "A dynamic model of fiscal decentralization and public debt accumulation," Journal of Public Economics, Elsevier, vol. 212(C).
    46. Marco Bassetto & Leslie McGranahan, 2011. "On the Relationship Between Mobility, Population Growth, and Capital Spending in the United States," NBER Working Papers 16970, National Bureau of Economic Research, Inc.
    47. Uchida, Yuki & Ono, Tetsuo, 2023. "Borrowing to Finance Public Investment: A Politico-Economic Analysis of Fiscal Rules," MPRA Paper 119724, University Library of Munich, Germany.
    48. Buiter, Willem H. & Sibert, Anne C., 2015. "Government deficits in large open economies: The problem of too little public debt," Economics Discussion Papers 2015-59, Kiel Institute for the World Economy (IfW Kiel).
    49. Holger Sieg & Daniele Coen-Pirani & Jeffrey Brinkman, 2015. "The Political Economy of Underfunded Municipal Pension Plans," 2015 Meeting Papers 345, Society for Economic Dynamics.
    50. Martín Gonzalez-Eiras & Dirk Niepelt, 2012. "Economic and Politico-Economic Equivalence," Working Papers 12.02, Swiss National Bank, Study Center Gerzensee.
    51. Henning Bohn, 2013. "Low Altruism, Austerity, and Aversion to Default: Are Countries Converging to the Natural Debt Limit?," CESifo Working Paper Series 4270, CESifo.
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    92. Doepke, Matthias & Zilibotti, Fabrizio, 2014. "Culture, Entrepreneurship, and Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 0, pages 1-48, Elsevier.
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    94. Egor Starkov, 2020. "Only Time Will Tell: Credible Dynamic Signaling," Discussion Papers 20-05, University of Copenhagen. Department of Economics.
    95. Jang, Youngsoo, 2021. "Democracy or Optimal Policy: Income Tax Decisions without Commitment," MPRA Paper 110466, University Library of Munich, Germany.
    96. Marina Halac & Pierre Yared, 2014. "Fiscal Rules and Discretion Under Persistent Shocks," Econometrica, Econometric Society, vol. 82, pages 1557-1614, September.
    97. Garnov & A. & Zvyagin & L. & Sviridova & O., 2019. "System Data Analysis: Innovative Technologies, Methods and Techniques," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 26-39.
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    110. Noritaka Maebayashi & Jumpei Tanaka, 2022. "Limited asset market participation and fiscal sustainability," Journal of Economics, Springer, vol. 137(1), pages 1-31, September.
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    113. Si Guo & Yun Pei & Zoe Xie, 2019. "Decentralization and Overborrowing in a Fiscal Federation," 2019 Meeting Papers 1229, Society for Economic Dynamics.
    114. Gersbach, Hans & Grimm, Oliver & Becker, Johannes Gerd, 2010. "Debt-sensitive Majority Rules," CEPR Discussion Papers 7860, C.E.P.R. Discussion Papers.
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    116. Gustafsson, Johan, 2024. "Favorable tax treatment of older workers in general equilibrium," Umeå Economic Studies 1023, Umeå University, Department of Economics.
    117. Uchida, Yuki & Ono, Tetsuo, 2021. "Generational conflict and education politics: Implications for growth and welfare," Journal of Macroeconomics, Elsevier, vol. 69(C).
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    121. Maebayashi, Noritaka, 2023. "The pace of fiscal consolidations, fiscal sustainability, and welfare: An overlapping generations approach," Journal of Macroeconomics, Elsevier, vol. 75(C).
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  24. David Backus & Espen Henriksen & Kjetil Storesletten, 2007. "Taxes and the Global Allocation of Capital," NBER Working Papers 13624, National Bureau of Economic Research, Inc.

    Cited by:

    1. Stefanie Haller & Marie Hyland, 2014. "Capital-Energy Substitution: Evidence from a Panel of Irish Manufacturing Firms," Open Access publications 10197/8608, School of Economics, University College Dublin.
    2. Charles Grant & Christos Koulovatianos & Alexander Michaelides & Mario Padula, 2008. "Evidence on the Insurance Effect of Redistributive Taxation," Discussion Papers 0809, University of Exeter, Department of Economics.
    3. Szabolcs Deák & Lionel Fontagné & Marco Maffezzoli & Massimiliano Marcellino, 2012. "The banking and distribution sectors in a small open economy DSGE Model," Working Papers 454, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    4. Ralf Ewert & Rainer Niemann, 2012. "Limited Liability, Asymmetric Taxation, and Risk Taking - Why Partial Tax Neutralities Can Be Harmful," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 68(1), pages 83-120, March.
    5. Komada, Oliwia, 2024. "Raising America’s future: Search for optimal child-related transfers," Economic Modelling, Elsevier, vol. 138(C).
    6. Mustafa Koroglu & Yiguo Sun, 2016. "Functional-Coefficient Spatial Durbin Models with Nonparametric Spatial Weights: An Application to Economic Growth," Econometrics, MDPI, vol. 4(1), pages 1-16, February.
    7. Benjamin Bridgman, 2009. "Do Intangible Assets Explain High U.S. Foreign Direct Investment Returns?," 2009 Meeting Papers 373, Society for Economic Dynamics.
    8. Cunat, Alejandro & Deak, Szabolcs & Maffezzoli, Marco, 2008. "Tax cuts in open economies," LSE Research Online Documents on Economics 19620, London School of Economics and Political Science, LSE Library.
    9. Thien Nguyen & Lukas Schmid & Howard Kung & Mariano Croce, 2012. "Fiscal Policies and Asset Prices," 2012 Meeting Papers 565, Society for Economic Dynamics.
    10. Renaat Van de Kerckhove & Freddy Heylen & Tim Buyse, 2011. "Pension reform, employment by age, and long-run growth in OECD countries," 2011 Meeting Papers 736, Society for Economic Dynamics.
    11. Pagenhardt, Laura & Große Steffen, Christoph & Rieth, Malte, 2021. "Commited to Flexible Fiscal Rules," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242330, Verein für Socialpolitik / German Economic Association.
    12. Simona Rasciute & Sean Puckett & Eric J. Pentecost, 2015. "The Allocation Of Oecd Direct Investment Between Ceecs: A Discrete Choice Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 67(S1), pages 26-39, December.
    13. Vito Polito, 2010. "Up or Down? Capital Income Taxation in the United States and the United Kingdom," CESifo Working Paper Series 3260, CESifo.
    14. Kai Sun & Daniel J. Henderson & Subal C. Kumbhakar, 2011. "Biases in approximating log production," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(4), pages 708-714, June.
    15. Gerdie Everaert & Freddy Heylen & Ruben Schoonackers, 2014. "Fiscal policy and TFP in the OECD : Measuring direct and indirect effects," Working Paper Research 274, National Bank of Belgium.
    16. Jonathan R. W. Temple, 2008. "The Calibration of CES Production Functions," Bristol Economics Discussion Papers 08/606, School of Economics, University of Bristol, UK.
    17. Pedro Gomes & Javier Fernandez-Blanco, 2013. "On the Composition Effects on the Labor Market Outcomes," 2013 Meeting Papers 561, Society for Economic Dynamics.
    18. R. Schoonackers & F. Heylen, 2011. "Fiscal Policy and TFP in the OECD: A Non-Stationary Panel Approach," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 11/701, Ghent University, Faculty of Economics and Business Administration.
    19. Longobardi, Ernesto & Polito, Vito, 2011. "Capital income taxation incentives during economic downturns: re-thinking theory and evidence," Cardiff Economics Working Papers E2011/15, Cardiff University, Cardiff Business School, Economics Section.
    20. Andrew Glover & Jacob Short, 2019. "Can Capital Deepening Explain the Global Decline in Labor’s Share?," Staff Working Papers 19-3, Bank of Canada.
    21. Till Gross, 2013. "Capital Tax Competition and Dynamic Optimal Taxation," Carleton Economic Papers 13-08, Carleton University, Department of Economics.
    22. Chu, Angus C. & Furukawa, Yuichi & Peretto, Pietro & Xu, Rongxin, 2024. "Agricultural trade and industrial development," MPRA Paper 122630, University Library of Munich, Germany.
    23. Andrew Glover & Jacob Short, 2019. "Online Appendix to "Can Capital Deepening Explain the Global Decline in Labor's Share?"," Online Appendices 18-126, Review of Economic Dynamics.
    24. Grant, Charles & Koulovatianos, Christos & Michaelides, Alexander & Padula, Mario, 2008. "Evidence on the insurance effect of marginal income taxes," CFS Working Paper Series 2008/06, Center for Financial Studies (CFS).
    25. Tim Buyse & Freddy Heylen & Renaat Van de Kerckhove, 2013. "Pension reform, employment by age, and long-run growth," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(2), pages 769-809, April.
    26. Szabolcs Deak & Lionel Fontagné & Massimiliano Marcellino & Marco Maffezzoli, 2011. "LSM: A DSGE Model for Luxembourg," Post-Print hal-00639888, HAL.
    27. Oliwia Komada, 2023. "Raising America's future: search for optimal child-related transfers," GRAPE Working Papers 84, GRAPE Group for Research in Applied Economics.

  25. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2007. "Consumption and Labour Supply with Partial Insurance: An Analytical Framework," CEPR Discussion Papers 6280, C.E.P.R. Discussion Papers.

    Cited by:

    1. Christian Hellwig & Nicolas Werquin, 2022. "A Fair Day's Pay for a Fair Day's Work: Optimal Tax Design as Redistributional Arbitrage," Working Paper Series WP 2022-03, Federal Reserve Bank of Chicago.
    2. Koh, Dongya & Santaeulà lia-Llopis, Raül, 2022. "Countercyclical Elasticity of Substitution," CEPR Discussion Papers 17246, C.E.P.R. Discussion Papers.
    3. Ríos-Rull, José-Víctor & Schorfheide, Frank & Fuentes-Albero, Cristina & Kryshko, Maxym & Santaeulàlia-Llopis, Raül, 2012. "Methods versus substance: Measuring the effects of technology shocks," Journal of Monetary Economics, Elsevier, vol. 59(8), pages 826-846.
    4. Timo Boppart & Per Krusell, 2016. "Labor Supply in the Past, Present, and Future: a Balanced-Growth Perspective," NBER Working Papers 22215, National Bureau of Economic Research, Inc.
    5. Davoine, Thomas & Mankart, Jochen, 2017. "Changes in education, wage inequality and working hours over time," Discussion Papers 38/2017, Deutsche Bundesbank.
    6. Fuchs-Schündeln, Nicola & Bick, Alexander & Lagakos, David & Tsujiyama, Hitoshi, 2019. "Why are Average Hours Worked Lower in Richer Countries?," CEPR Discussion Papers 14180, C.E.P.R. Discussion Papers.
    7. Molnárová, Zuzana & Reiter, Michael, 2022. "Technology, demand, and productivity: What an industry model tells us about business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 134(C).
    8. Serdar Birinci & Kurt Gerrard See, 2018. "How Should Unemployment Insurance vary over the Business Cycle?," 2018 Meeting Papers 69, Society for Economic Dynamics.
    9. Theloudis, Alexandros & Velilla, Jorge & Chiappori, P.A. & Gimenez-Nadal, J. Ignacio & Molina, Jose Alberto, 2025. "Commitment and the dynamics of household labour supply," Other publications TiSEM 61956ac6-2388-47a5-a049-9, Tilburg University, School of Economics and Management.
    10. Cristina Fuentes-Albero & Maxym Kryshko & José-Víctor Ríos-Rull & Raul Santaeulalia-Llopis & Frank Schorfheide, 2009. "Methods versus substance: measuring the effects of technology shocks on hours," Staff Report 433, Federal Reserve Bank of Minneapolis.
    11. Andreas Tryphonides, 2023. "Online Appendix to "Identifying Preferences when Households are Financially Constrained"," Online Appendices 21-242, Review of Economic Dynamics.
    12. Per Krusell & Jonna Olsson & Timo Boppart, 2017. "Labor Supply in the Future: Who Will Work?," 2017 Meeting Papers 157, Society for Economic Dynamics.
    13. Shao, Lin & Sohail, Faisal & Yurdagul, Emircan, 2022. "Labor Supply and Firm Size," CEPR Discussion Papers 17469, C.E.P.R. Discussion Papers.
    14. Yi Wen, 2011. "Making sense of China’s astronomical foreign reserves," Working Papers 2011-018, Federal Reserve Bank of St. Louis.
    15. Neele Balke & Thibaut Lamadon, 2020. "Productivity Shocks, Long-Term Contracts and Earnings Dynamics," Working Papers 2020-160, Becker Friedman Institute for Research In Economics.
    16. 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.
    17. Marios Karabarbounis, 2020. "A Life-Cycle Model with Individual Volatility Dynamics," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 4, pages 159-171.
    18. Alejandro Badel & Mark Huggett, 2010. "Interpreting life-cycle inequality patterns as an efficient allocation: mission impossible?," Working Papers 2010-046, Federal Reserve Bank of St. Louis.
    19. Nezih Guner, 2011. "Taxing Women: A Macroeconomic Analysis," 2011 Meeting Papers 581, Society for Economic Dynamics.
    20. Moritz Kuhn, 2013. "Recursive Equilibria In An Aiyagari‐Style Economy With Permanent Income Shocks," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(3), pages 807-835, August.
    21. Brant Abbott & Giovanni Gallipoli & Costas Meghir & Giovanni L. Violante, 2013. "Education Policy and Intergenerational Transfers in Equilibrium," NBER Working Papers 18782, National Bureau of Economic Research, Inc.
    22. Hamish Low & Costas Meghir & Luigi Pistaferri, 2008. "Wage risk and employment risk over the life cycle," IFS Working Papers W08/06, Institute for Fiscal Studies.
    23. Yum, Minchul, 2016. "Parental time investment and intergenerational mobility," Working Papers 16-06, University of Mannheim, Department of Economics.
    24. Alberto Bisin & Piero Gottardi & Guido Ruta, 2010. "Equilibrium Corporate Finance," Economics Working Papers ECO2010/01, European University Institute.
    25. Stéphane Auray & David L. Fuller & Guillaume Vandenbroucke, 2019. "Comparative Advantage and Moonlighting," Working Papers 2019-016, Federal Reserve Bank of St. Louis, revised Aug 2021.
    26. Xavier Ragot, 2018. "Limited Participation, Capital Accumulation and Optimal Monetary Policy," SciencePo Working papers Main hal-03444395, HAL.
    27. Zhigang Feng & Anne Villamil, 2022. "Funding employer-based insurance: regressive taxation and premium exclusions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 509-540, April.
    28. Richard Blundell & Luigi Pistaferri & Itay Saporta-Eksten, 2012. "Consumption Inequality and Family Labor Supply," NBER Working Papers 18445, National Bureau of Economic Research, Inc.
    29. Alexander Bick & Adam Blandin & Richard Rogerson, 2022. "Hours and Wages," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 137(3), pages 1901-1962.
    30. Claudio Michelacci & Luigi Paciello & Andrea Pozzi, 2019. "The Extensive Margin of Aggregate Consumption Demand," EIEF Working Papers Series 1906, Einaudi Institute for Economics and Finance (EIEF), revised Apr 2019.
    31. Margherita Borella & Fang Yang & Mariacristina De Nardi, 2019. "Are marriage-related taxes and Social Security benefits holding back female labor supply?," 2019 Meeting Papers 917, Society for Economic Dynamics.
    32. Xavier Ragot & Florin O. Bilbiie, 2016. "Monetary Policy, Inflation, and Inequality: The Case for Helicopters," 2016 Meeting Papers 1663, Society for Economic Dynamics.
    33. Qingen Gai & Naijia Guo & Bingjing Li & Qinghua Shi & Xiaodong Zhu, 2025. "Rural Pensions, Labor Reallocation, and Aggregate Income: An Empirical and Quantitative Analysis of China," Econometrica, Econometric Society, vol. 93(5), pages 1663-1696, September.
    34. Sekyu Choi, 2017. "Fertility Risk In The Life Cycle," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(1), pages 237-259, February.
    35. Chatterjee, Arpita & Morley, James & Singh, Aarti, 2017. "Estimating Household Consumption Insurance," Working Papers 2017-04, University of Sydney, School of Economics, revised Jul 2019.
    36. Jiayi Wen & Xiaoqing Yu, 2024. "Insuring Long-Term Care in Developing Countries: The Interaction between Formal and Informal Insurance," Papers 2408.14243, arXiv.org.
    37. Minjie Deng, 2024. "Inequality, Taxation, and Sovereign Default Risk," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(2), pages 217-249, April.
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    184. Yongsung Chang & Jay H. Hong & Marios Karabarbounis, 2014. "Labor-Market Uncertainty and Portfolio Choice Puzzles," Working Paper 14-13, Federal Reserve Bank of Richmond.
    185. Castelluccio, Marco, 2021. "Flat tax? Maybe not a bad idea after all," Research in Economics, Elsevier, vol. 75(1), pages 60-78.
    186. Gang Sun, 2015. "Complete Markets Strikes Back: Is the Reduced-form Measure of Consumption Insurance Reliable?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 921-930, October.
    187. Lander, David, 2024. "Estimating life-cycle income processes including means-tested transfers," Economics Letters, Elsevier, vol. 242(C).
    188. Jeanne Commault, 2016. "How Does Nondurable Consumption Respond To Transitory Income Shocks? Reconciling Natural Experiments and Structural Estimations," Working Papers hal-01328904, HAL.
    189. Ana Sofia Pessoa, 2021. "Earnings Dynamics in Germany," CESifo Working Paper Series 9117, CESifo.
    190. 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.
    191. 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.
    192. Richard Blundell & Ben Etheridge, 2010. "Consumption, Income and Earnings Inequality in Britain," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(1), pages 76-102, January.
    193. Gianluca Violante & Greg Kaplan, 2008. "How Much Insurance in Bewley Models?," 2008 Meeting Papers 522, Society for Economic Dynamics.
    194. Lee, Byoungchan, 2023. "Wealth Inequality and Endogenous Growth," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 132-148.
    195. Tessa Bold & Tobias Broer, 2021. "Risk Sharing in Village Economies Revisited [Efficient Risk Sharing with Limited Commitment and Storage]," Journal of the European Economic Association, European Economic Association, vol. 19(6), pages 3207-3248.
    196. Parsons, Donald O., 2016. "Moral-Hazard-Free First-Best Unemployment Insurance," IZA Discussion Papers 9824, Institute of Labor Economics (IZA).
    197. Andreas Hefti & Julian Teichgräber, 2021. "Inequality in models with a competition for market shares," ECON - Working Papers 375, Department of Economics - University of Zurich.
    198. Christian A. Stoltenberg & Swapnil Singh, 2020. "Consumption insurance with advance information," Quantitative Economics, Econometric Society, vol. 11(2), pages 671-711, May.
    199. Johannes König, 2023. "Bias in Tax Progressivity Estimates," National Tax Journal, University of Chicago Press, vol. 76(2), pages 267-289.
    200. 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.
    201. Nezih Guner & Remzi Kaygusuz & Gustavo Ventura, 2012. "Taxation and Household Labour Supply," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(3), pages 1113-1149.
    202. 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.
    203. Colombo, Emilio & Furceri, Davide & Pizzuto, Pietro & Tirelli, Patrizio, 2024. "Public expenditure multipliers and informality," European Economic Review, Elsevier, vol. 164(C).
    204. Martin Ellison & Thomas J. Sargent, 2015. "Welfare Cost of Business Cycles with Idiosyncratic Consumption Risk and a Preference for Robustness," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(2), pages 40-57, April.
    205. Loukas Karabarbounis, 2021. "Comment on "From Mancession to Shecession: Women's Employment in Regular and Pandemic Recessions"," NBER Chapters, in: NBER Macroeconomics Annual 2021, volume 36, pages 158-172, National Bureau of Economic Research, Inc.
    206. Christian Friedrich, 2015. "Does Financial Integration Increase Welfare? Evidence from International Household-Level Data," Staff Working Papers 15-4, Bank of Canada.
    207. Froemel, Maren & Paczos, Wojtek, 2024. "Imperfect financial markets and the cyclicality of social spending," European Economic Review, Elsevier, vol. 167(C).
    208. Swapnil Singh & Christian A. Stoltenbergz, 2018. "How Much Do Households Really Know About Their Future Income?," Bank of Lithuania Working Paper Series 55, Bank of Lithuania.
    209. Yunho Cho & Aarti Singh & James Morley, 2019. "Household Balance Sheets and Consumption Responses to Income Shocks," 2019 Meeting Papers 788, Society for Economic Dynamics.
    210. Andreas Tryphonides, 2019. "Qualitative Surveys And Margins Of Adjustment In Heterogeneous Agent Economies," 2019 Meeting Papers 1415, Society for Economic Dynamics.

  26. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2007. "Insurance and Opportunities: A Welfare Analysis of Labor Market Risk," NBER Working Papers 13673, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2014. "Optimal Tax Progressivity: An Analytical Framework," Staff Report 496, Federal Reserve Bank of Minneapolis.
    2. German Cubas & Pedro Silos, 2012. "Comparative Advantage and Risk Premia in Labor Markets," Documentos de trabajo 2012009, Banco Central del Uruguay.
    3. Francisco Buera & Yongseok Shin, 2010. "Self-Insurance vs. Self-Financing: A Welfare Analysis of the Persistence of Shocks," 2010 Meeting Papers 1153, Society for Economic Dynamics.
    4. Edouard Challe & Xavier Ragot, 2016. "Precautionary Saving Over the Business Cycle," PSE-Ecole d'économie de Paris (Postprint) halshs-01313771, HAL.
    5. Veronica Guerrieri & Guido Lorenzoni, 2011. "Credit Crises, Precautionary Savings, and the Liquidity Trap," NBER Working Papers 17583, National Bureau of Economic Research, Inc.
    6. Minchung Hsu & Junsang Lee & Gary D. Hansen, 2011. "Health Insurance Reform: The impact of a Medicare Buy-In," 2011 Meeting Papers 699, Society for Economic Dynamics.
    7. Alejandro Badel & Mark Huggett, 2010. "Interpreting life-cycle inequality patterns as an efficient allocation: mission impossible?," Working Papers 2010-046, Federal Reserve Bank of St. Louis.
    8. Juergen Jung & Chung Tran, 2015. "Social Health Insurance: A Quantitative Exploration," ANU Working Papers in Economics and Econometrics 2015-629, Australian National University, College of Business and Economics, School of Economics.
    9. R. Anton Braun & Tomoyuki Nakajima, 2011. "Uninsured countercyclical risk: an aggregation result and application to optimal monetary policy," FRB Atlanta Working Paper 2011-04, Federal Reserve Bank of Atlanta.
    10. Xianguo Huang & Naoyuki Yoshino, 2015. "Impacts of Universal Health Coverage: A Micro-founded Macroeconomic Perspective," ADBI Working Papers 533, Asian Development Bank Institute.
    11. Yu Zheng & Raul Santaeulalia, 2016. "The Price of Growth: Consumption Insurance in China 1989-2009," 2016 Meeting Papers 826, Society for Economic Dynamics.
    12. Yum, Minchul, 2018. "On the distribution of wealth and employment," Working Papers 18-03, University of Mannheim, Department of Economics.
    13. Juergen Jung & Chung Tran, 2010. "Market Inefficiency, Insurance Mandate and Welfare: U.S. Health Care Reform 2010," Discussion Papers 2010-31, School of Economics, The University of New South Wales.
    14. Guiso, Luigi & Sodini, Paolo, 2013. "Household Finance: An Emerging Field," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 1397-1532, Elsevier.
    15. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2022. "Progressing Towards Efficiency: The Role for Labor Tax Progression in Reforming Social Security," IZA Discussion Papers 15100, Institute of Labor Economics (IZA).
    16. Angelopoulos, Konstantinos & Lazarakis, Spyridon & Malley, James, 2020. "The distributional implications of asymmetric income dynamics," European Economic Review, Elsevier, vol. 128(C).
    17. Yongsung Chang & Sun-Bin Kim & Frank Schorfheide, 2010. "Labor-Market Heterogeneity, Aggregation, and the Lucas Critique," NBER Working Papers 16401, National Bureau of Economic Research, Inc.
    18. Benhabib, Jess & Bisin, Alberto & Zhu, Shenghao, 2015. "The wealth distribution in Bewley economies with capital income risk," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 489-515.
    19. Xianguo Huang & Naoyuki Yoshino, 2016. "Impacts of Universal Health Coverage: Financing, Income Inequality, and Social Welfare," ADBI Working Papers 617, Asian Development Bank Institute.
    20. Andreas Fuster & Paul S. Willen, 2011. "Insuring Consumption Using Income-Linked Assets," Review of Finance, European Finance Association, vol. 15(4), pages 835-873.
    21. Greg Kaplan & Giovanni L. Violante, 2009. "How Much Consumption Insurance Beyond Self-Insurance?," NBER Working Papers 15553, National Bureau of Economic Research, Inc.
    22. Tirelli Mario & Turner Sergio, 2010. "Quantifying the Cost of Risk in Consumption," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-33, July.
    23. Modalsli, Jørgen Heibø, 2011. "Polarization, Risk and Welfare in General Equilibrium," Memorandum 27/2011, Oslo University, Department of Economics.
    24. Neumuller, Seth, 2015. "Inter-industry wage differentials revisited: Wage volatility and the option value of mobility," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 38-54.
    25. Sam Schulhofer-Wohl, 2011. "Heterogeneity and tests of risk sharing," Staff Report 462, Federal Reserve Bank of Minneapolis.
    26. Yongsung Chang & Sun-Bin Kim & Kyooho Kwon & Richard Rogerson, 2019. "Cross-Sectional and Aggregate Labor Supply," Working Paper Series no119, Institute of Economic Research, Seoul National University.
    27. 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.
    28. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 319-354, May.
    29. Jang-Ok Cho & Thomas Cooley & Hyung Seok Kim, 2015. "Business Cycle Uncertainty and Economic Welfare," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 185-200, April.
    30. Fehr, Hans & Feldman, Maria, 2024. "Financing universal health care: Premiums or payroll taxes?," European Economic Review, Elsevier, vol. 166(C).
    31. Orazio P. Attanasio & Guglielmo Weber, 2010. "Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy," Journal of Economic Literature, American Economic Association, vol. 48(3), pages 693-751, September.
    32. Juergen Jung & Chung Tran, 2023. "Health Risk, Insurance, and Optimal Progressive Income Taxation," Journal of the European Economic Association, European Economic Association, vol. 21(5), pages 2043-2097.
    33. Fogli, Alessandra & Perri, Fabrizio, 2015. "Macroeconomic volatility and external imbalances," Journal of Monetary Economics, Elsevier, vol. 69(C), pages 1-15.
    34. Blundell, Richard & Low, Hamish & Preston, Ian, 2011. "Decomposing Changes in Income Risk Using Consumption Data," IZA Discussion Papers 6125, Institute of Labor Economics (IZA).
    35. William B. Hawkins & Jose Mustre-del-Rio, 2012. "Financial frictions and occupational mobility," Research Working Paper RWP 12-06, Federal Reserve Bank of Kansas City.
    36. Luca Flabbi and James Mabli, 2012. "Household Search or Individual Search: Does It Matter? Evidence from Lifetime Inequality Estimates," Working Papers gueconwpa~12-12-03, Georgetown University, Department of Economics.
    37. Minchung HSU & Tomoaki YAMADA, 2017. "Population Aging, Health Care, and Fiscal Policy Reform: The challenges for Japan," Discussion papers 17038, Research Institute of Economy, Trade and Industry (RIETI).
    38. Mukoyama, Toshihiko, 2010. "Welfare effects of unanticipated policy changes with complete asset markets," Economics Letters, Elsevier, vol. 109(2), pages 134-138, November.
    39. Toshihiko Mukoyama, 2010. "Understanding the Welfare Effects of Unemployment Insurance Policy in General Equilibrium," 2010 Meeting Papers 286, Society for Economic Dynamics.
    40. Yongsung Chang & Sun-Bin Kim, 2010. "The Price of Egalitarianism," RCER Working Papers 558, University of Rochester - Center for Economic Research (RCER).
    41. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2017. "Optimal Progressivity with Age-Dependent Taxation," Staff Report 551, Federal Reserve Bank of Minneapolis.
    42. Gomes, Francisco & Brown, Jeffrey & Fang, Chichun, 2015. "Risk and Returns to Education Over Time," CEPR Discussion Papers 10416, C.E.P.R. Discussion Papers.
    43. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2008. "The Macroeconomic Implications of Rising Wage Inequality in the United States," NBER Working Papers 14052, National Bureau of Economic Research, Inc.
    44. Bo Hyun Chang & Yongsung Chang & Sun-Bin Kim, 2016. "Pareto Weights in Practice: A Quantitative Analysis Across 32 OECD Countries," Working papers 2016rwp-92, Yonsei University, Yonsei Economics Research Institute.
    45. Jeong, Jaehun & Shim, Myungkyu, 2022. "On the welfare cost of business cycles: The role of labor-market heterogeneity," Journal of Macroeconomics, Elsevier, vol. 73(C).
    46. Eunseong Ma & Daeha Cho, 2022. "The Heterogeneous Welfare Effects of Business Cycles," Working papers 2022rwp-204, Yonsei University, Yonsei Economics Research Institute.
    47. Karabarbounis, Loukas & Boerma, Job, 2019. "Inferring Inequality with Home Production," CEPR Discussion Papers 13554, C.E.P.R. Discussion Papers.
    48. Cagri Seda Kumru & John Piggott, 2010. "Should Public Retirement Pensions Be Means-tested?," DEGIT Conference Papers c015_049, DEGIT, Dynamics, Economic Growth, and International Trade.
    49. Hsu, Minchung, 2011. "Health insurance and precautionary saving: a structural analysis," MPRA Paper 32975, University Library of Munich, Germany.
    50. Yonsung Chang & Sun-Bin Kim & Kyooho Kwon, 2012. "Individual and Aggregate Labor Supply in a Heterogeneous Agent Economy with Intensive and Extensive Margins," Working papers 2012rwp-48, Yonsei University, Yonsei Economics Research Institute.
    51. Bechlioulis, Alexandros P. & Brissimis, Sophocles N., 2021. "Identifying key aspects of household behavior in a representative agent framework," Economic Modelling, Elsevier, vol. 97(C), pages 105-117.
    52. Peter Ganong & Damon Jones & Pascal Noel & Diana Farrell & Fiona Greig & Chris Wheat, 2020. "Wealth, Race, and Consumption Smoothing of Typical Income Shocks," Working Papers 2020-49, Becker Friedman Institute for Research In Economics.
    53. Bick, Alexander & Choi, Sekyu, 2012. "Revisiting the Effect of Household Size on Consumption Over the Life-Cycle," MPRA Paper 41756, University Library of Munich, Germany.
    54. Zhao, Kai, 2017. "Social insurance, private health insurance and individual welfare," Journal of Economic Dynamics and Control, Elsevier, vol. 78(C), pages 102-117.
    55. Jonathan Heathcote & Hitoshi Tsujiyama, 2015. "Optimal Income Taxation: Mirrlees Meets Ramsey," Staff Report 507, Federal Reserve Bank of Minneapolis.
    56. Bechlioulis, Alexandros P. & Brissimis, Sophocles N., 2019. "Consumer debt non-payment and the borrowing constraint: Implications for consumer behavior," Journal of Banking & Finance, Elsevier, vol. 101(C), pages 161-172.
    57. Brissimis, Sophocles N. & Bechlioulis, Alexandros P., 2017. "The link between consumption and leisure under Cobb-Douglas preferences:Some new evidence," MPRA Paper 80877, University Library of Munich, Germany.
    58. Satyajit Chatterjee & Felicia Ionescu, 2012. "Insuring student loans against the financial risk of failing to complete college," Quantitative Economics, Econometric Society, vol. 3(3), pages 393-420, November.
    59. Bo Hyun Chang & Yongsung Chang & Sun-Bin Kim, 2016. "Ex-ante Heterogeneity and Equilibrium Redistribution(Preliminary)," Working papers 2016rwp-93, Yonsei University, Yonsei Economics Research Institute.
    60. Heiberger, Christopher & Maußner, Alfred, 2020. "Perturbation solution and welfare costs of business cycles in DSGE models," Journal of Economic Dynamics and Control, Elsevier, vol. 113(C).
    61. German Cubas & Pedro Silos, 2017. "Career Choice and the Risk Premium in the Labor Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 26, pages 1-18, October.
    62. Sun-Bin Kim & Richard Rogerson & Yongsung Chang, 2012. "Hours and Employment in the Cross-Section and Over the Cycle," 2012 Meeting Papers 82, Society for Economic Dynamics.
    63. Juergen Jung & Chung Tran, 2018. "Optimal Progressive Income Taxation in a Bewley-Grossman Framework," ANU Working Papers in Economics and Econometrics 2018-662, Australian National University, College of Business and Economics, School of Economics.
    64. 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.
    65. Claudio Michelacci & Josep Pijoan-Mas, 2012. "Intertemporal Labour Supply with Search Frictions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(3), pages 899-931.
    66. Juan Herreno & Sergio Ocampo, 2020. "Self-Employment and Development," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20209, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    67. Flabbi, Luca & Leonardi, Marco, 2010. "Sources of earnings inequality: Estimates from an on-the-job search model of the US labor market," European Economic Review, Elsevier, vol. 54(6), pages 832-854, August.
    68. Richard Anton Braun & Tomoyuki Nakajima, 2009. "Optimal monetary policy when asset markets are incomplete," CIRJE F-Series CIRJE-F-679, CIRJE, Faculty of Economics, University of Tokyo.
    69. Corbae, Dean & Marimon, Ramon, 2011. "Introduction to Incompleteness and Uncertainty in Economics," Journal of Economic Theory, Elsevier, vol. 146(3), pages 775-784, May.
    70. Herreño, Juan & Ocampo, Sergio, 2023. "The macroeconomic consequences of subsistence self-employment," Journal of Monetary Economics, Elsevier, vol. 136(C), pages 91-106.
    71. Bo Hyun Chang & Yongsung Chang & Sun-Bin Kim, 2018. "Pareto Weights in Practice: A Quantitative Analysis of 32 OECD Countries," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 28, pages 181-204, April.
    72. Charles I. Jones & Peter J. Klenow, 2016. "Beyond GDP? Welfare across Countries and Time," American Economic Review, American Economic Association, vol. 106(9), pages 2426-2457, September.
    73. Juergen Jung & Chung Tran, 2016. "Online Appendix to "Market Inefficiency, Insurance Mandate and Welfare: U.S. Health Care Reform 2010"," Online Appendices 14-51, Review of Economic Dynamics.
    74. Qiao, Sen & Chen, Hsing Hung & Zhang, Rong Rong, 2021. "Examining the impact of factor price distortions and social welfare on innovation efficiency from the microdata of Chinese renewable energy industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).

  27. Gianluca Violante & Jonathan Heathcote & Kjetil Storesletten, 2005. "A Tractable Framework for Understanding Dispersion in Labor Supply and Consumption," 2005 Meeting Papers 291, Society for Economic Dynamics.

    Cited by:

    1. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2005. "Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion," CEPR Discussion Papers 5200, C.E.P.R. Discussion Papers.

  28. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2005. "Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion," CEPR Discussion Papers 5200, C.E.P.R. Discussion Papers.

    Cited by:

    1. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Consumption and labor supply with partial insurance: an analytical framework," Staff Report 432, Federal Reserve Bank of Minneapolis.
    2. Dai, Xinchen & Li, Jing, 2021. "Inequality of opportunity in China: Evidence from pseudo panel data," China Economic Review, Elsevier, vol. 68(C).
    3. Athreya, Kartik & Tam, Xuan S. & Young, Eric R., 2009. "Unsecured credit markets are not insurance markets," Journal of Monetary Economics, Elsevier, vol. 56(1), pages 83-103, January.
    4. Corbae, Dean & D'Erasmo, Pablo & Kuruscu, Burhanettin, 2009. "Politico-economic consequences of rising wage inequality," Journal of Monetary Economics, Elsevier, vol. 56(1), pages 43-61, January.
    5. Lagakos, David & Ordoñez, Guillermo L., 2011. "Which workers get insurance within the firm?," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 632-645.
    6. Pijoan-Mas, Josep, 2005. "Precautionary Savings or Working Longer Hours?," CEPR Discussion Papers 5322, C.E.P.R. Discussion Papers.
    7. Heathcote, Jonathan & Storesletten, Kjetil & Violante, Giovanni L., 2008. "Insurance and opportunities: A welfare analysis of labor market risk," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 501-525, April.
    8. Dirk Krueger & Fabrizio Perri, 2005. "The Research Agenda: Dirk Krueger and Fabrizio Perri on Risk Sharing across Households, Generations and Countries," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 6(2), April.

  29. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2004. "The Cross-Sectional Implications of Rising Wage Inequality in the United States," CEPR Discussion Papers 4296, C.E.P.R. Discussion Papers.

    Cited by:

    1. Matteo Iacoviello, 2008. "Household Debt and Income Inequality, 1963-2003," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 929-965, August.
    2. Mark Hugget & Gustavo Ventura & Amir Yaron, 2002. "Human Capital and Earnings Distribution Dynamics," NBER Working Papers 9366, National Bureau of Economic Research, Inc.
    3. Alejandro Badel & Mark Huggett, 2010. "Interpreting life-cycle inequality patterns as an efficient allocation: mission impossible?," Working Papers 2010-046, Federal Reserve Bank of St. Louis.
    4. Fatih Guvenen & Burhanettin Kurusçu, 2009. "A quantitative analysis of the evolution of the U.S. wage distribution, 1970-2000," Staff Report 427, Federal Reserve Bank of Minneapolis.
    5. Gueorgui Kambourov & Iourii Manovskii, 2000. "Occupational Mobility and Wage Inequality, Second Version," PIER Working Paper Archive 04-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 15 Jun 2004.
    6. Igor Livshits & James MacGee & Michèle Tertilt, 2010. "Accounting for the Rise in Consumer Bankruptcies," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(2), pages 165-193, April.
    7. Burhanettin Kuruscu, 2006. "Training and Lifetime Income," American Economic Review, American Economic Association, vol. 96(3), pages 832-846, June.
    8. Jonas D. M. Fisher & Martin Gervais, 2007. "First-time home buyers and residential investment volatility," Working Paper Series WP-07-15, Federal Reserve Bank of Chicago.
    9. Andrés Erosa & Luisa Fuster & Gueorgui Kambourov, 2016. "Towards a Micro-Founded Theory of Aggregate Labour Supply," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 1001-1039.
    10. Fatih Guvenen, 2007. "An empirical investigation of labor income processes," IFS Working Papers W07/13, Institute for Fiscal Studies.
    11. Naohito Abe & Noriko Inakura & Tomoaki Yamada, 2007. "Consumption, Working Hours, and Wealth Determination in a Life Cycle Model," Bank of Japan Working Paper Series 07-E-14, Bank of Japan.
    12. Gueorgui Kambourov & Iourii Manovskii, 2009. "Occupational Mobility and Wage Inequality," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(2), pages 731-759.
    13. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2005. "Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion," CEPR Discussion Papers 5200, C.E.P.R. Discussion Papers.
    14. Guner, Nezih & Ventura, Gustavo & Kaygusuz, Remzi, 2013. "Childcare Subsidies and Household Labor Supply," CEPR Discussion Papers 9775, C.E.P.R. Discussion Papers.
    15. Amir Yaron, 2007. "The Research Agenda: Amir Yaron on Lifetime Inequality and Long Run Risks and Asset Pricing," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 9(1), November.
    16. Xavier Cuadras Morató & Xavier Mateos-Planas, 2006. "Wage inequality and unemployment with overeducation," Economics Working Papers 938, Department of Economics and Business, Universitat Pompeu Fabra.
    17. Karsten Jeske & Sagiri Kitao, 2005. "Health insurance and tax policy," FRB Atlanta Working Paper 2005-14, Federal Reserve Bank of Atlanta.
    18. Kjetil Storesletten, 2003. "The Research Agenda: Kjetil Storesletten on Inequality in Macroeconomics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 5(1), November.
    19. Sagiri Kitao, 2010. "Labor-dependent Capital Income Taxation That Encourages Work and Saving," 2010 Meeting Papers 271, Society for Economic Dynamics.
    20. Mark Huggett & Gustavo Ventura & Amir Yaron, 2011. "Sources of Lifetime Inequality," American Economic Review, American Economic Association, vol. 101(7), pages 2923-2954, December.
    21. Stefania Albanesi & Christopher Sleet, 2006. "Dynamic Optimal Taxation with Private Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(1), pages 1-30.
    22. Michelacci, Claudio & Pijoan-Mas, Josep, 2007. "The Effects of Labor Market Conditions on Working Time: the US-EU Experience," CEPR Discussion Papers 6314, C.E.P.R. Discussion Papers.
    23. Domeij, David & Floden, Martin, 2009. "Inequality Trends in Sweden 1978-2004," SSE/EFI Working Paper Series in Economics and Finance 720, Stockholm School of Economics.
    24. Fatih Guvenen, 2005. "Learning Your Earning: Are Labor Income Shocks Really Very Persistent?," Macroeconomics 0507004, University Library of Munich, Germany.
    25. Stéphane Bonhomme & Jean-Marc Robin, 2009. "Assessing the Equalizing Force of Mobility Using Short Panels: France, 1990-2000," SciencePo Working papers Main hal-01027423, HAL.
    26. 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.
    27. Sagiri Kitao, 2005. "Income taxation with uninsurable endowment and entrepreneurial investment risks," 2005 Meeting Papers 514, Society for Economic Dynamics.
    28. Stuart J. Fowler & Eric R. Young, 2004. "The Acquisition of Skills over the Life-Cycle," Working Papers 200402, Middle Tennessee State University, Department of Economics and Finance.
    29. J. C. Parra & M. Huggett, 2005. "Quantifying the Inefficiency of the US Social Security System," Computing in Economics and Finance 2005 70, Society for Computational Economics.
    30. Walentin Karl, 2010. "Earnings Inequality and the Equity Premium," The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-23, November.
    31. Pries, Michael J., 2007. "Social Security reform and intertemporal smoothing," Journal of Economic Dynamics and Control, Elsevier, vol. 31(1), pages 25-54, January.
    32. Gaobo Pang & University of Maryland, 2006. "Tax-Deferred Savings and Early Retirement," Computing in Economics and Finance 2006 31, Society for Computational Economics.
    33. Feigenbaum James A. & Li Geng, 2012. "Life Cycle Dynamics of Income Uncertainty and Consumption," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-49, May.
    34. Gianluca Violante & Greg Kaplan, 2008. "How Much Insurance in Bewley Models?," 2008 Meeting Papers 522, Society for Economic Dynamics.
    35. Leonardi, Marco, 2003. "Earnings Instability of Job Stayers and Job Changers," IZA Discussion Papers 946, Institute of Labor Economics (IZA).
    36. Nezih Guner & Remzi Kaygusuz & Gustavo Ventura, 2012. "Taxation and Household Labour Supply," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(3), pages 1113-1149.
    37. Daniel R. Carroll & Eric R. Young, 2009. "The Stationary Distribution of Wealth under Progressive Taxation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(3), pages 469-478, July.

  30. Zilibotti, Fabrizio & Hassler, John & Storesletten, Kjetil, 2004. "On the Optimal Timing of Taxes," CEPR Discussion Papers 4731, C.E.P.R. Discussion Papers.

    Cited by:

    1. Hassler, John & Krusell, Per & Storesletten, Kjetil & Zilibotti, Fabrizio, 2005. "The dynamics of government," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1331-1358, October.
    2. Mathias Trabandt, 2007. "Optimal Pre-Announced Tax Reform Revisited," Economics Working Papers ECO2007/52, European University Institute.
    3. Klein, Paul, 2004. "Time Consistent Public Expenditures," CEPR Discussion Papers 4582, C.E.P.R. Discussion Papers.

  31. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2004. "Two Views of Inequality Over the Life-Cycle," CEPR Discussion Papers 4728, C.E.P.R. Discussion Papers.

    Cited by:

    1. Greg Kaplan, 2007. "Inequality and the Lifecycle," 2007 Meeting Papers 262, Society for Economic Dynamics.
    2. Kjetil Storesletten & Chris Telmer & Amir Yaron, 2007. "Asset Pricing with Idiosyncratic Risk and Overlapping Generations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(4), pages 519-548, October.
    3. Bayer, Christian & Kuhn, Moritz, 2023. "Job Levels and Wages," IZA Discussion Papers 16177, Institute of Labor Economics (IZA).
    4. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Consumption and labor supply with partial insurance: an analytical framework," Staff Report 432, Federal Reserve Bank of Minneapolis.
    5. Laurence Ales & Pricila Maziero, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis.
    6. Singh, Aarti, 2008. "Human capital risk in life-cycle economies," MPRA Paper 10292, University Library of Munich, Germany.
    7. Jess Benhabib & Alberto Bisin & Shenghao Zhu, 2014. "The Wealth Distribution in Bewley Models with Investment Risk," NBER Working Papers 20157, National Bureau of Economic Research, Inc.
    8. Leandro De Magalhães & Dongya Koh & Raül Santaeulàlia-Llopis, 2016. "Consumption and Expenditure in Sub-Saharan Africa," Bristol Economics Discussion Papers 16/677, School of Economics, University of Bristol, UK, revised 07 Oct 2016.
    9. 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.
    10. Fatih Guvenen, 2007. "An empirical investigation of labor income processes," IFS Working Papers W07/13, Institute for Fiscal Studies.
    11. 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.
    12. Mark Aguiar & Erik Hurst, 2008. "Deconstructing Lifecycle Expenditure," NBER Working Papers 13893, National Bureau of Economic Research, Inc.
    13. Mark Huggett & Jaun Carlos Parra, 2006. "quantifying the inefficiency of the US social insurance system," 2006 Meeting Papers 55, Society for Economic Dynamics.
    14. Bayer, Christian & Kuhn, Moritz, 2018. "Which Ladder to Climb? Wages of Workers by Job, Plant, and Education," IZA Discussion Papers 11827, Institute of Labor Economics (IZA).
    15. Stefanie Stantcheva, 2017. "Optimal Taxation and Human Capital Policies over the Life Cycle," Journal of Political Economy, University of Chicago Press, vol. 125(6), pages 1931-1990.
    16. Zhu, Guozhong, 2013. "Age-specific rise of income and consumption inequality," Economics Discussion Papers 2013-21, Kiel Institute for the World Economy (IfW Kiel).
    17. De Magalhães, Leandro & Koh, Dongya & Santaeulàlia-Llopis, Räul, 2019. "The costs of consumption smoothing: less schooling and less nutrition," Journal of Demographic Economics, Cambridge University Press, vol. 85(3), pages 181-208, September.
    18. Ahlfeldt, Gabriel M. & Maennig, Wolfgang & Mueller, Steffen Q., 2022. "The generation gap in direct democracy: age vs. cohort effects," LSE Research Online Documents on Economics 111902, London School of Economics and Political Science, LSE Library.
    19. Chiara Binelli, 2008. "Returns to Education and Increasing Wage Inequality in Latin America," Working Paper series 30_08, Rimini Centre for Economic Analysis.
    20. Rubaszek, Michał & Serwa, Dobromił, 2014. "Determinants of credit to households: An approach using the life-cycle model," Economic Systems, Elsevier, vol. 38(4), pages 572-587.
    21. Sam Schulhofer-Wohl, 2017. "The Age-Time-Cohort Problem and the Identification of Structural Parameters in Life-Cycle Models," Working Paper Series WP-2017-18, Federal Reserve Bank of Chicago.
    22. Maksym Bryukhanov & Dmytro Hryshko, 2024. "Inequality in Russia over time and over the life cycle," Scandinavian Journal of Economics, Wiley Blackwell, vol. 126(2), pages 289-319, April.
    23. Nicola Fuchs-Schündeln & Dirk Krueger & Mathias Sommer, 2009. "Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries," NBER Working Papers 15059, National Bureau of Economic Research, Inc.
    24. Nao Sudo & Michio Suzuki & Tomoaki Yamadai, 2012. "Inequalities in Japanese Economy during the Lost Decades," CARF F-Series CARF-F-284, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    25. Greg Kaplan & Giovanni L. Violante, 2009. "How Much Consumption Insurance Beyond Self-Insurance?," NBER Working Papers 15553, National Bureau of Economic Research, Inc.
    26. Giacomo Corneo, 2015. "Income inequality from a lifetime perspective," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(2), pages 225-239, May.
    27. Jay H. Hong & Byoung Hoon Seok & Hye Mi You, 2019. "Wage Volatility And Changing Patterns Of Labor Supply," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(2), pages 595-630, May.
    28. Primiceri, Giorgio E. & van Rens, Thijs, 2009. "Heterogeneous life-cycle profiles, income risk and consumption inequality," Journal of Monetary Economics, Elsevier, vol. 56(1), pages 20-39, January.
    29. Athreya, Kartik & Tam, Xuan S. & Young, Eric R., 2009. "Unsecured credit markets are not insurance markets," Journal of Monetary Economics, Elsevier, vol. 56(1), pages 83-103, January.
    30. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 319-354, May.
    31. 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.
    32. Dirk Krueger & Chunzan Wu, 2025. "Taxes on Lifetime Income: A Good Idea?," PIER Working Paper Archive 25-011, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    33. Josep Pijoan-Mas & Virginia Sanchez-Marcos, 2010. "Spain is Different: Falling Trends of Inequality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(1), pages 154-178, January.
    34. Lagakos, David & Ordoñez, Guillermo L., 2011. "Which workers get insurance within the firm?," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 632-645.
    35. Mark Huggett & Gustavo Ventura & Amir Yaron, 2011. "Sources of Lifetime Inequality," American Economic Review, American Economic Association, vol. 101(7), pages 2923-2954, December.
    36. Sun, Gang, 2013. "Consumption Inequality and Discount Rate Heterogeneity," SIRE Discussion Papers 2013-97, Scottish Institute for Research in Economics (SIRE).
    37. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2008. "The Macroeconomic Implications of Rising Wage Inequality in the United States," NBER Working Papers 14052, National Bureau of Economic Research, Inc.
    38. Stefanie Stantcheva, 2015. "Learning and (or) Doing: Human Capital Investments and Optimal Taxation," NBER Working Papers 21381, National Bureau of Economic Research, Inc.
    39. Abdoulaye Ndiaye, 2017. "Flexible Retirement and Optimal Taxation," Working Paper Series WP-2018-18, Federal Reserve Bank of Chicago.
    40. van Landeghem, B.G.M., 2011. "A test for the convexity of human well-being over the life cycle: longitudinal evidence from a 20-year panel," ROA Research Memorandum 008, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    41. Ylhäinen, Ilkka, 2017. "Life-cycle effects in small business finance," Journal of Banking & Finance, Elsevier, vol. 77(C), pages 176-196.
    42. Mark A. Aguiar & Mark Bils, 2011. "Has Consumption Inequality Mirrored Income Inequality?," NBER Working Papers 16807, National Bureau of Economic Research, Inc.
    43. Nuno Alves & Fátima Cardoso & Nuno Monteiro, 2020. "A characterization of income and consumption inequality in Portugal," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    44. Raul Santaeulalia-Llopis & Leandro De Magalhaes, 2014. "Consumption and Income Inequality in Sub-Saharan Africa: A Lifetime with No Humps and Low Partial Insurance," 2014 Meeting Papers 1287, Society for Economic Dynamics.
    45. Michal Rubaszek & Dobromil Serwa, 2011. "Determinants of credit to households in a life-cycle model," NBP Working Papers 92, Narodowy Bank Polski.
    46. Yu Zheng & Raül Santaeulà lia-Llopis, 2017. "Why Is Food Consumption Inequality Underestimated? A Story of Vices and Children," Working Papers 969, Barcelona School of Economics.
    47. Richard Blundell & Hugo Lopez & James P. Ziliak, 2025. "Labor Market Inequality and the Changing Life Cycle Profile of Male and Female Wages," American Economic Journal: Applied Economics, American Economic Association, vol. 17(4), pages 100-133, October.
    48. Mark Huggett & Juan Carols Parra, 2006. "How Well Does the US Social Insurance System Provide Social Insurance?," Working Papers gueconwpa~06-06-11, Georgetown University, Department of Economics.
    49. Owen Freestone, 2018. "The Drivers of Life‐Cycle Wage Inequality in Australia," The Economic Record, The Economic Society of Australia, vol. 94(307), pages 424-444, December.
    50. Yamada, Tomoaki, 2012. "Income risk, macroeconomic and demographic change, and economic inequality in Japan," Journal of Economic Dynamics and Control, Elsevier, vol. 36(1), pages 63-84.
    51. Hoang Khieu, 2024. "On the distribution of lifetime wealth accumulation," Journal of Economics, Springer, vol. 143(1), pages 87-100, September.
    52. 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.
    53. 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.
    54. Aboozar Hadavand, 2017. "Anatomy of Income Inequality in the United States: 1979-2013," LIS Working papers 686, LIS Cross-National Data Center in Luxembourg.
    55. Yang, Guanyi, 2018. "Endogenous Skills and Labor Income Inequality," MPRA Paper 89638, University Library of Munich, Germany.
    56. Been-Lo Chen & Fei-Chi Liang, 2023. "Online Appendix to "Optimal Taxation in the Life Cycle with Human Capital Investment"," Online Appendices 22-128, Review of Economic Dynamics.
    57. Fehr, Hans & Kallweit, Manuel & Kindermann, Fabian, 2013. "Should pensions be progressive?," European Economic Review, Elsevier, vol. 63(C), pages 94-116.
    58. Sagiri Kitao & Tomoaki Yamada, 2025. "The time trend and life-cycle profiles of consumption," Review of Economics of the Household, Springer, vol. 23(1), pages 71-111, March.
    59. 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.).
    60. Bayer, Christian & Kuhn, Moritz, 2018. "Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics," CEPR Discussion Papers 13158, C.E.P.R. Discussion Papers.
    61. 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.
    62. Arpita Chatterjee & Aarti Singh & Tahlee Stone, 2016. "Understanding Wage Inequality in Australia," The Economic Record, The Economic Society of Australia, vol. 92(298), pages 348-360, September.
    63. Konstantinos Angelopoulos & Spyridon Lazarakis & James Malley, 2022. "Cyclical labour income risk in Great Britain," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(1), pages 116-130, January.
    64. Mao, Rui & Xu, Jianwei, 2014. "Population aging, consumption budget allocation and sectoral growth," China Economic Review, Elsevier, vol. 30(C), pages 44-65.
    65. Been-Lon Chen & Fei-Chi Liang, 2023. "Optimal Taxation in the Life Cycle with Human Capital Investment," IEAS Working Paper : academic research 23-A006, Institute of Economics, Academia Sinica, Taipei, Taiwan.
    66. Athreya, Kartik B., 2008. "Default, insurance, and debt over the life-cycle," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 752-774, May.
    67. Sun, Gang, 2013. "Complete Markets Strikes Back: Revisiting Risk Sharing Tests under Discount Rate Heterogeneity," SIRE Discussion Papers 2013-96, Scottish Institute for Research in Economics (SIRE).
    68. Santaeulàlia-Llopis, Raül ; Zheng, Yu, 2016. "Missing Consumption Inequality: Direct Evidence from Individual Food Data," Economics Working Papers ECO2016/12, European University Institute.
    69. Wang, Jinning & Couch, Kenneth A., 2024. "An empirical investigation of health dynamics of elders in China," The Journal of the Economics of Ageing, Elsevier, vol. 29(C).
    70. Michal Rubaszek, 2017. "Reforming housing rental market in a life-cycle model," KAE Working Papers 2017-028, Warsaw School of Economics, Collegium of Economic Analysis.
    71. Claire Lebarz, 2015. "Income Inequality and Household Debt Distribution: A Cross-Country Analysis using Wealth Surveys," LWS Working papers 20, LIS Cross-National Data Center in Luxembourg.

  32. Zilibotti, Fabrizio & Hassler, John & Storesletten, Kjetil, 2003. "Democratic Public Good Provision," CEPR Discussion Papers 4044, C.E.P.R. Discussion Papers.

    Cited by:

    1. Battaglini, Marco & Coate, Stephen, 2005. "Inefficiency in Legislative Policy-Making: A Dynamic Analysis," Papers 08-09-2005, Princeton University, Research Program in Political Economy.
    2. Creedy, John & Moslehi, Solmaz, 2009. "Modelling the composition of government expenditure in democracies," European Journal of Political Economy, Elsevier, vol. 25(1), pages 42-55, March.
    3. Zilibotti, Fabrizio & Storesletten, Kjetil & Song, Zheng Michael, 2007. "Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt," CEPR Discussion Papers 6359, C.E.P.R. Discussion Papers.
    4. Tetsuo Ono, 2013. "Public Education and Social Security: A Political Economy Approach," Discussion Papers in Economics and Business 13-06, Osaka University, Graduate School of Economics.
    5. Raphaël Soubeyran & Pascal Gautier, 2008. "Political Cycles: Issue Ownership and the Opposition Advantage," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(4), pages 685-716, August.
    6. Francesco Lancia & Alessia Russo, 2013. "A Dynamic Politico-Economic Model of Intergenerational contracts," Vienna Economics Papers vie1304, University of Vienna, Department of Economics.
    7. Marina Azzimonti, 2012. "The dynamics of public investment under persistent electoral advantag," 2012 Meeting Papers 91, Society for Economic Dynamics.
    8. Yanlei Ma, 2014. "Income Inequality, Political Polarization and Fiscal Policy Gridlock," 2014 Meeting Papers 547, Society for Economic Dynamics.
    9. Ryo Arawatari & Tetsuo Ono, 2008. "The Political Economy of Occupational Mobility and Redistribution Policy," Discussion Papers in Economics and Business 08-18, Osaka University, Graduate School of Economics.
    10. Blanchard, Emily & Willmann, Gerald, 2022. "Unequal gains, prolonged pain: A model of protectionist overshooting and escalation," Journal of International Economics, Elsevier, vol. 135(C).
    11. Kam, Timothy & Kao, Tina & Lu, Yingying, 2020. "Political dynamics, public goods and private spillovers," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 237-254.
    12. Ryo Arawatari & Tetsuo Ono, 2015. "A Political Economy Model of Earnings Mobility and Redistribution Policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(3), pages 346-382, June.
    13. Uchida, Yuki & Ono, Tetsuo, 2023. "Generational Distribution of Fiscal Burdens: A Positive Analysis," MPRA Paper 113607, University Library of Munich, Germany.
    14. Ryo Arawatari & Tetsuo Ono, 2011. "A Political Economy Theory of Government Debt and Social Security," Discussion Papers in Economics and Business 11-33, Osaka University, Graduate School of Economics.
    15. Larry Karp & Armon Rezai, 2014. "The Political Economy Of Environmental Policy With Overlapping Generations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55(3), pages 711-733, August.
    16. Zheng Song, 2011. "The Dynamics of Inequality and Social Security in General Equilibrium," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 613-635, October.
    17. Ryo Arawatari & Tetsuo Ono, 2010. "Retirement and Social Security: A Political Economy Perspective," Discussion Papers in Economics and Business 10-04, Osaka University, Graduate School of Economics.
    18. Tetsuo Ono, 2014. "Economic Growth and the Politics of Intergenerational Redistribution," Discussion Papers in Economics and Business 14-17-Rev., Osaka University, Graduate School of Economics, revised Sep 2015.
    19. Arawatari, Ryo & Ono, Tetsuo, 2009. "A second chance at success: A political economy perspective," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1249-1277, May.
    20. Zheng Song & Kaiji Chen, 2009. "Markovian Social Security in Unequal Societies," 2009 Meeting Papers 318, Society for Economic Dynamics.
    21. marina, azzimonti, 2010. "Political ideology as a source of business cycles," MPRA Paper 25937, University Library of Munich, Germany.
    22. Weiguang Liu, 2018. "The Self-Ful?lling Discriminations and Mismatches for Old Workers and Poor Workers," Applied Economics and Finance, Redfame publishing, vol. 5(1), pages 58-74, January.
    23. Real Arai & Katsuyuki Naito & Tetsuo Ono, 2018. "Intergenerational policies, public debt, and economic growth: a politico-economic analysis," Discussion Papers in Economics and Business 18-12, Osaka University, Graduate School of Economics.
    24. Han, Enze & Paik, Christopher, 2017. "Ethnic Integration and Development in China," World Development, Elsevier, vol. 93(C), pages 31-42.
    25. Arawatari, Ryo & Ono, Tetsuo, 2013. "Inequality, mobility and redistributive politics," Journal of Economic Theory, Elsevier, vol. 148(1), pages 353-375.
    26. Zheng Song, 2012. "Persistent Ideology And The Determination Of Public Policy Over Time," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(1), pages 175-202, February.
    27. Tetsuo Ono, 2014. "Intergenerational Politics, Government Debt and Economic Growth," Discussion Papers in Economics and Business 14-23, Osaka University, Graduate School of Economics.
    28. Dai, Meixing & Sidiropoulos, Moïse, 2010. "Monetary and fiscal policy interactions with central bank transparency and public investment," MPRA Paper 23704, University Library of Munich, Germany.
    29. T. Renee Bowen & Ying Chen & H�lya Eraslan, 2012. "Mandatory Versus Discretionary Spending: the Status Quo Effect," Economics Working Paper Archive 603, The Johns Hopkins University,Department of Economics.
    30. Kjetil Storesletten, 2003. "The Research Agenda: Kjetil Storesletten on Inequality in Macroeconomics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 5(1), November.
    31. Uchida, Yuki & Ono, Tetsuo, 2019. "Inequality and education choice," MPRA Paper 94140, University Library of Munich, Germany.
    32. Marcello D'Amato & Vincenzo Galasso, 2009. "Political Intergenerational Risk Sharing," CSEF Working Papers 216, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    33. Arai, Real & Naito, Katsuyuki, 2014. "A Politico-economic Approach on Public Debt in an Endogenous Growth Economy," MPRA Paper 56213, University Library of Munich, Germany.
    34. John Hassler & Kjetil Storesletten & Fabrizio Zilibotti, 2003. "Dynamic Political Choice In Macroeconomics," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 543-552, 04/05.
    35. Azzimonti, Marina & Sarte, Pierre-Daniel & Soares, Jorge, 2009. "Distortionary taxes and public investment when government promises are not enforceable," Journal of Economic Dynamics and Control, Elsevier, vol. 33(9), pages 1662-1681, September.
    36. Marina Azzimonti, 2009. "Barriers to investment in polarized societies," 2009 Meeting Papers 1233, Society for Economic Dynamics.
    37. Fabrizio Zilibotti, 2005. "The Research Agenda: Fabrizio Zilibotti on the Equilibrium Dynamics of Policies and Institutions," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 7(1), November.
    38. George Vachadze, 2021. "Financial development, income and income inequality," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 16(3), pages 589-628, July.
    39. Ryo Arawatari & Tetsuo Ono, 2007. "Dynamic Political Economy of Redistribution Policy: The Role of Education Costs," Discussion Papers in Economics and Business 07-31-Rev, Osaka University, Graduate School of Economics, revised Nov 2007.
    40. Uchida, Yuki & Ono, Tetsuo, 2022. "Politics of Public Education and Pension Reform with Endogenous Fertility," MPRA Paper 114543, University Library of Munich, Germany.
    41. John Creedy & Shuyun May Li & Solmaz Moslehi, 2008. "The Composition of Government Expenditure in an Overlapping Generations Model," Department of Economics - Working Papers Series 1043, The University of Melbourne.
    42. John Creedy & Shuyun May Li & Solmaz Moslehi, 2011. "The Composition Of Government Expenditure: Economic Conditions And Preferences," Economic Inquiry, Western Economic Association International, vol. 49(1), pages 94-107, January.
    43. Zheng Song, 2009. "Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt," 2009 Meeting Papers 94, Society for Economic Dynamics.
    44. Hassler, John & Krusell, Per & Storesletten, Kjetil & Zilibotti, Fabrizio, 2008. "On the optimal timing of capital taxes," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 692-709, May.
    45. Mwakalobo, Adam B. S., . "Revenue Generation Capacity in Developing Countries: Implications for Physical and Human Capital Development in Tanzania, Kenya and Uganda," African Journal of Economic Review, African Journal of Economic Review, vol. 3(01).
    46. Madalina-Gabriela ANGHEL & Radu STOICA & Tudor SAMSON & Alexandru BADIU, 2017. "Analysis of the Econometric model of the correlation between GDP and final consumption," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(2), pages 122-129, February.
    47. Ryo Arawatari & Tetsuo Ono, 2007. "Markov Perfect Political Equilibria with Public Policy: The Role of Education Cost," Discussion Papers in Economics and Business 07-31, Osaka University, Graduate School of Economics.
    48. Mateos-Planas, Xavier, 2008. "A quantitative theory of social security without commitment," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 652-671, April.
    49. Pascal Gautier & Raphael Soubeyran, 2005. "Political Cycles : The Opposition Advantage," Working Papers 2005.129, Fondazione Eni Enrico Mattei.
    50. George Economides & Apostolis Philippopoulos & Petros Varthalitis, 2015. "Incentives to Work and Performance in the Public Sector," CESifo Working Paper Series 5193, CESifo.
    51. Song, Zheng, 2008. "Persistent Ideology and the Determination of Public Policies over Time," MPRA Paper 10364, University Library of Munich, Germany.
    52. Blanchard, Emily & Willmann, Gerald, 2011. "Escaping a protectionist rut: Policy mechanisms for trade reform in a democracy," Journal of International Economics, Elsevier, vol. 85(1), pages 72-85, September.
    53. Ryo Arawatari & Tetsuo Ono, 2011. "Retirement and social security: the roles of self-fulfilling expectations and educational investments," Economics of Governance, Springer, vol. 12(4), pages 353-383, December.

  33. Zilibotti, Fabrizio & Hassler, John & Storesletten, Kjetil & Rodríguez Mora, José V, 2001. "The Survival of the Welfare State," CEPR Discussion Papers 2905, C.E.P.R. Discussion Papers.

    Cited by:

    1. Graziella Bertocchi, 2011. "The Vanishing Bequest Tax: The Comparative Evolution Of Bequest Taxation In Historical Perspective," Economics and Politics, Wiley Blackwell, vol. 23(1), pages 107-131, March.
    2. Assar Lindbeck, 2002. "The European Social Model: Lessons for Developing Countries," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 19(01), pages 1-13.
    3. Poutvaara, Panu, 2006. "On the political economy of social security and public education," Munich Reprints in Economics 19551, University of Munich, Department of Economics.
    4. Rohner, D. & Thoenig, M. & Zilibotti, F., 2011. "War Signals: A Theory of Trade, Trust and Conflict," Cambridge Working Papers in Economics 1136, Faculty of Economics, University of Cambridge.
    5. Battaglini, Marco & Coate, Stephen, 2005. "Inefficiency in Legislative Policy-Making: A Dynamic Analysis," Papers 08-09-2005, Princeton University, Research Program in Political Economy.
    6. Pica Giovanni, 2010. "Capital Markets Integration and Labor Market Institutions," The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-57, March.
    7. Jean‐Marie Viaene & Itzhak Zilcha, 2009. "Human Capital and Inequality Dynamics: The Role of Education Technology," Economica, London School of Economics and Political Science, vol. 76(304), pages 760-778, October.
    8. Pohan Fong, 2008. "Endogenous Limits on Proposal Power," Discussion Papers 1465, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    9. Benabou, Roland, 2004. "Inequality, Technology, and the Social Contract," Papers 08-15-2005b, Princeton University, Research Program in Political Economy.
    10. Jinhui H. Bai & Ruediger Bachmann, 2010. "Government Purchases Over the Business Cycle: the Role of Heterogeneity and Wealth Bias in Political Decision Making," 2010 Meeting Papers 621, Society for Economic Dynamics.
    11. Daniel Diermeier & Pohan Fong, 2011. "Bargaining over the budget," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 36(3), pages 565-589, April.
    12. J. Ignacio Conde-Ruiz & Vincenzo Galasso, "undated". "Early retirement," Working Papers 2003-03, FEDEA.
    13. Zilibotti, Fabrizio & Storesletten, Kjetil & Song, Zheng Michael, 2007. "Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt," CEPR Discussion Papers 6359, C.E.P.R. Discussion Papers.
    14. Sanghamitra Bandyopadhyay & Joan Esteban, 2007. "Redistributive Taxation and PublicExpenditures," STICERD - Distributional Analysis Research Programme Papers 95, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    15. Tetsuo Ono, 2013. "Public Education and Social Security: A Political Economy Approach," Discussion Papers in Economics and Business 13-06, Osaka University, Graduate School of Economics.
    16. Saint-Paul, Gilles & Ticchi, Davide & Vindigni, Andrea, 2012. "A Theory of Political Entrenchment," IZA Discussion Papers 6473, Institute of Labor Economics (IZA).
    17. Andrea Ichino & Loukas Karabarbounis & Enrico Moretti, 2011. "The Political Economy Of Intergenerational Income Mobility," Economic Inquiry, Western Economic Association International, vol. 49(1), pages 47-69, January.
    18. Marco Battaglini & Stephen Coate, 2008. "Fiscal Policy over the Real Business Cycle: A Positive Theory," NBER Working Papers 14047, National Bureau of Economic Research, Inc.
    19. Marina Azzimonti, 2012. "The dynamics of public investment under persistent electoral advantag," 2012 Meeting Papers 91, Society for Economic Dynamics.
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    2. Robert Holzmann & Johannes Koettl, 2011. "Portability of Pension, Health, and Other Social Benefits," World Bank Publications - Reports 27338, The World Bank Group.
    3. Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2019. "Immigration and public finances in OECD countries," Post-Print halshs-02072531, HAL.
    4. Selahattin İmrohoroğlu & Sagiri Kitao & Tomoaki Yamada, 2017. "Can Guest Workers Solve Japan'S Fiscal Problems?," Economic Inquiry, Western Economic Association International, vol. 55(3), pages 1287-1307, July.
    5. Pedersen, Peder J. & Pytlikova, Mariola & Smith, Nina, 2004. "Selection or Network Effects? Migration Flows into 27 OECD Countries, 1990-2000," IZA Discussion Papers 1104, Institute of Labor Economics (IZA).
    6. Frattini, Tommaso & Meschi, Elena, 2018. "The effect of immigrant peers in vocational schools," CEPR Discussion Papers 13305, C.E.P.R. Discussion Papers.
    7. Selahattin Ä°MROHOROÄžLU & Sagiri KITAO & Tomoaki YAMADA, 2018. "Fiscal Sustainability in Japan: What to tackle?," Discussion papers 18064, Research Institute of Economy, Trade and Industry (RIETI).
    8. James P. Smith, 2018. "Taxpayer effects of immigration," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-11, October.
    9. Zaiceva, A. & Zimmermann, K.F., 2016. "Migration and the Demographic Shift," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 119-177, Elsevier.
    10. Ikhenaode, Bright Isaac, 2018. "Immigration, Skill Acquisition and Fiscal Redistribution in a Search-Equilibrium Model," MPRA Paper 89897, University Library of Munich, Germany.
    11. Andri Chassamboulli & Xiangbo Liu, 2020. "Immigration, Legal Status and Fiscal Impact," University of Cyprus Working Papers in Economics 07-2020, University of Cyprus Department of Economics.
    12. Carlo V. Fiorio & Tommaso Frattini & Andrea Riganti & Michael Christl, 2024. "Migration and public finances in the EU," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(3), pages 635-684, June.
    13. Şerife Genç İleri, 2019. "Selective immigration policy and its impacts on Canada's native‐born population: A general equilibrium analysis," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(3), pages 954-992, August.
    14. Gurgen Aslanyan, 2012. "Immigration Control & Long-Run Population Welfare," CERGE-EI Working Papers wp453, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
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    16. Ndeye Penda Sokhna & Lionel Ragot & Xavier Chojnicki, 2018. "The fiscal impact of 30 years of immigration in France: an accounting approach," Working Papers hal-04141694, HAL.
    17. Holzmann, Robert & Koettl, Johannes, 2011. "Portability of pension, health, and other social benefits : facts, concepts, issues," Social Protection Discussion Papers and Notes 62725, The World Bank.
    18. Hisahiro Naito, 2013. "Pareto-improving Immigration and Its Effect on Capital Accumulation in the Presence of Social Security," Tsukuba Economics Working Papers 2013-004, Faculty of Humanities and Social Sciences, University of Tsukuba.
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    20. Pokrovsky, D. & Shapoval, A., 2015. "Distribution of Entrepreneurial Skills and Migration: Employment Structure, Income Inequality, and Welfare," Journal of the New Economic Association, New Economic Association, vol. 26(2), pages 36-62.
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    22. Sagiri Kitao & Selahattin Imrohoroglu & Tomoaki Yamada, 2013. "Achieving Fiscal Balance in Japan," Economics Working Paper Archive at Hunter College 441, Hunter College Department of Economics.
    23. Sheetal K. Chand & Martin Paldam, 2004. "The economics of immigration into a Nordic welfare state - and a comparison to an immigration state and a guest worker state," Economics Working Papers 2004-4, Department of Economics and Business Economics, Aarhus University.
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    25. Marianne Frank Hansen & Marie Louise Schultz-Nielsen & Torben Tranæs, 2017. "The fiscal impact of immigration to welfare states of the Scandinavian type," Journal of Population Economics, Springer;European Society for Population Economics, vol. 30(3), pages 925-952, July.
    26. Michael Ben‐Gad, 2018. "On the Political Economy of Deficit Bias and Immigration," Economic Journal, Royal Economic Society, vol. 128(614), pages 2191-2221, September.
    27. Ugur, Mehmet, 2008. "Economic implications of Turkish EU membership: the advantages of tying one’s hands," MPRA Paper 18547, University Library of Munich, Germany, revised 2009.
    28. Bettin, Giulia & Sacchi, Agnese, 2020. "Health spending in Italy: The impact of immigrants," European Journal of Political Economy, Elsevier, vol. 65(C).
    29. Sari Pekkala Kerr & William R. Kerr, 2011. "Economic Impacts of Immigration: A Survey," Finnish Economic Papers, Finnish Economic Association, vol. 24(1), pages 1-32, Spring.
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    118. Michał Gradzewicz & Krzysztof Makarski & Joanna Tyrowicz, 2013. "Do We Really Need to Start From Scratch? Economic Theory on Economic Crises," Working Papers 2013-17, Faculty of Economic Sciences, University of Warsaw.
    119. Tom Krebs, 2003. "Growth and Welfare Effects of Business Cycles in Economies with Idiosyncratic Human Capital Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(4), pages 846-868, October.
    120. Gadi Barlevy, 2005. "The cost of business cycles and the benefits of stabilization," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 29(Q I), pages 32-49.

  36. Hassler, John & Rodríguez Mora, José Vicente & Storesletten, Kjetil & Zilibotti, Fabrizio, 1999. "Equilibrium Unemployment Insurance," CEPR Discussion Papers 2126, C.E.P.R. Discussion Papers.

    Cited by:

    1. Rafael Di Tella & Robert MacCulloch, 2002. "Informal Family Insurance And The Design Of The Welfare State," Economic Journal, Royal Economic Society, vol. 112(481), pages 481-503, July.
    2. Lindbeck, Assar & Wikström, Solveig, 1999. "The ICT Revolution in Consumer Product Markets," Seminar Papers 670, Stockholm University, Institute for International Economic Studies.
    3. Svensson, Lars, 2000. "The first Year of the Eurosystem: Inflation Targeting or Not?," Seminar Papers 681, Stockholm University, Institute for International Economic Studies.
    4. Di Tella, Rafael & MacCulloch, Robert, 2006. "Europe vs America: Institutional hysteresis in a simple normative model," Journal of Public Economics, Elsevier, vol. 90(12), pages 2161-2186, December.
    5. Lindbeck, Assar, 2000. "Pensions and Contemporary Socioeconomic Change," Seminar Papers 685, Stockholm University, Institute for International Economic Studies.
    6. Di Tella, Rafael & MacCulloch, Robert, 2005. "The consequences of labor market flexibility: Panel evidence based on survey data," European Economic Review, Elsevier, vol. 49(5), pages 1225-1259, July.
    7. Zilibotti, Fabrizio & Hassler, John & Storesletten, Kjetil & Rodríguez Mora, José V, 2001. "The Survival of the Welfare State," CEPR Discussion Papers 2905, C.E.P.R. Discussion Papers.
    8. Persson, Mats, 2000. "Five Fallacies in the Social Security Debate," Seminar Papers 686, Stockholm University, Institute for International Economic Studies.
    9. Vodopivec, Milan & Raju, Dhushyanth, 2002. "Income support systems for the unemployed : issues and options," Social Protection Discussion Papers and Notes 25529, The World Bank.
    10. Stephane Pallage & Christian Zimmermann, 1999. "Heterogeneous Labor Markets and the Generosity Towards the Unemployed: An International Perspective," Cahiers de recherche CREFE / CREFE Working Papers 88, CREFE, Université du Québec à Montréal.
    11. Gould, Eric D & Moav, Omer & Weinberg, Bruce A, 2001. "Precautionary Demand for Education, Inequality, and Technological Progress," Journal of Economic Growth, Springer, vol. 6(4), pages 285-315, December.

  37. Storesletten, Kjetil, 1998. "Sustaining Fiscal Policy Through Immigration," Seminar Papers 664, Stockholm University, Institute for International Economic Studies.

    Cited by:

    1. Aleksandra Kolasa, 2017. "Macroeconomic consequences of the demographic and educational transition in Poland," Working Papers 2017-30, Faculty of Economic Sciences, University of Warsaw.
    2. David Escamilla-Guerrero & Miko Lepistö & Chris Minns, 2025. "Explaining gender differences in migrant sorting: Evidence from Canada-US migration," Working Papers halshs-04886097, HAL.
    3. Poutvaara, Panu, 2021. "Population Aging and Migration," IZA Discussion Papers 14389, Institute of Labor Economics (IZA).
    4. Frédéric Docquier & Riccardo Turati & Jérôme Valette & Chrysovalantis Vasilakis, 2020. "Birthplace diversity and economic growth: evidence from the US states in the Post-World War II period," Post-Print hal-02865160, HAL.
    5. Matti Sarvimäki, 2021. "Managing Refugee Protection Crises: Policy Lessons from Economics and Political Science," RFBerlin Discussion Paper Series 2131, Rockwool Foundation Berlin (RF Berlin).
    6. Amandine AUBRY & Michal BURZYŃSKI, 2013. "The Welfare Impact of Global Migration in the OECD Countries," LIDAM Discussion Papers IRES 2013035, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), revised 07 Jan 2015.
    7. Joakim Ruist, 2020. "The fiscal aspect of the refugee crisis," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 27(2), pages 478-492, April.
    8. Kjetil Storesletten & Chris Telmer & Amir Yaron, 2007. "Asset Pricing with Idiosyncratic Risk and Overlapping Generations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(4), pages 519-548, October.
    9. Börsch-Supan, Axel H. & Heiss, Florian & Ludwig, Alexander & Winter, Joachim, 2003. "Pension reform, capital markets and the rate of return," Munich Reprints in Economics 20200, University of Munich, Department of Economics.
    10. Axel Boersch-Supan & Alexander Ludwig & Joachim Winter, 2005. "Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model," NBER Working Papers 11850, National Bureau of Economic Research, Inc.
    11. Mario Izquierdo & Juan F. Jimeno & Juan A. Rojas, 2007. "On the aggregate effects of immigration in Spain," Working Papers 0714, Banco de España.
    12. Poniatowicz Marzanna & Piekutowska Agnieszka, 2019. "The Fiscal Effects of Economic Immigration on Subnational Government Finance in Poland," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 15(1), pages 45-58, March.
    13. Milo Bianchi & Paolo Buonanno & Paolo Pinotti, 2012. "Do Immigrants Cause Crime?," Journal of the European Economic Association, European Economic Association, vol. 10(6), pages 1318-1347, December.
    14. Alan Auerbach & Lorenz Kueng & Ronald Lee, 2013. "Propagation and Smoothing of Shocks in Alternative Social Security Systems," NBER Working Papers 19137, National Bureau of Economic Research, Inc.
    15. Fahad Gill & Waseem Ahmad, 2019. "The Earnings Disadvantage of 21st Century Immigrants in the United States," The American Economist, Sage Publications, vol. 64(1), pages 31-44, March.
    16. Chander, Parkash & Thangavelu, Shandre M., 2004. "Technology adoption, education and immigration policy," Journal of Development Economics, Elsevier, vol. 75(1), pages 79-94, October.
    17. Arye L. Hillman & Ngo Van Long, 2021. "Immigrants as Future Voters," CESifo Working Paper Series 9246, CESifo.
    18. Jim Dolmas & Gregory W. Huffman, 1998. "On the political economy of immigration and income redistribution," Working Papers 9804, Federal Reserve Bank of Dallas.
    19. Kevin H. O'Rourke & Richard Sinnott, 2004. "The Determinants of Individual Attitudes Towards Immigration," Trinity Economics Papers 20042, Trinity College Dublin, Department of Economics.
    20. Finn E. Kydland, 2006. "Quantitative Aggregate Economics," American Economic Review, American Economic Association, vol. 96(5), pages 1373-1383, December.
    21. Busch, Christopher & Krueger, Dirk & Ludwig, Alexander & Popova, Irina & Iftikhar, Zainab, 2020. "Should Germany have built a new wall? Macroeconomic lessons from the 2015-18 refugee wave," Journal of Monetary Economics, Elsevier, vol. 113(C), pages 28-55.
    22. Bratsberg, Bernt & Raaum, Oddbjørn & Røed, Knut, 2017. "Immigrant Labor Market Integration across Admission Classes," IZA Discussion Papers 10513, Institute of Labor Economics (IZA).
    23. Sachs, Dominik & Colas, Mark, 2020. "The Indirect Fiscal Benefits of Low-Skilled Immigration," CEPR Discussion Papers 15325, C.E.P.R. Discussion Papers.
    24. Selcuk Eren & Hugo Benitez-Silva & Eva Carceles-Poveda, 2011. "Effects of Legal and Unauthorized Immigration on the US Social Security System," Economics Working Paper Archive wp_689, Levy Economics Institute.
    25. Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2019. "Immigration and public finances in OECD countries," Post-Print halshs-02072531, HAL.
    26. Selahattin İmrohoroğlu & Sagiri Kitao & Tomoaki Yamada, 2017. "Can Guest Workers Solve Japan'S Fiscal Problems?," Economic Inquiry, Western Economic Association International, vol. 55(3), pages 1287-1307, July.
    27. Charles F Mason, 2017. "Climate Change and Migration: A Dynamic Model," CESifo Economic Studies, CESifo Group, vol. 63(4), pages 421-444.
    28. Takuya Matsuyama & Tomomi Miyazaki, 2017. "The Effects of Immigration on Social Expenditure in Host Countries," Discussion Papers 1708, Graduate School of Economics, Kobe University.
    29. Javier Vazquez Grenno, 2010. "Spanish pension system: Population aging and immigration policy," Hacienda Pública Española / Review of Public Economics, IEF, vol. 195(4), pages 37-64, december.
    30. Razin, Assaf & Sadka, Efraim, 2021. "Migration and Redistribution: Federal Governance of an Economic Union Matters," CEPR Discussion Papers 15902, C.E.P.R. Discussion Papers.
    31. Christian Dustmann & Ian Preston, 2004. "Is Immigration Good or Bad for the Economy? Analysis of Attitudinal Responses," RFBerlin Discussion Paper Series 0406, Rockwool Foundation Berlin (RF Berlin).
    32. Alexander Ludwig & Michael Reiter, 2008. "Sharing Demographic Risk – Who is Afraid of the Baby Bust?," CESifo Working Paper Series 2422, CESifo.
    33. Facchini, Giovanni & Mayda, Maria, 2007. "Does the Welfare State Affect Individual Attitudes towards Immigrants? Evidence Across Countries," Economics Discussion Papers 8915, University of Essex, Department of Economics.
    34. Blanchard, Emily & Willmann, Gerald, 2022. "Unequal gains, prolonged pain: A model of protectionist overshooting and escalation," Journal of International Economics, Elsevier, vol. 135(C).
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    38. Ryan D. Edwards & Ronald D. Lee, 2001. "The fiscal impact of population change," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 46.
    39. David E. Wildasin, 2005. "Global Competition for Mobile Resources: Implications for Equity, Efficiency, and Political Economy," Working Papers 2005-08, University of Kentucky, Institute for Federalism and Intergovernmental Relations.
    40. Abdurrahman Aydemir, 2013. "Skill-based immigrant selection and labor market outcomes by visa category," Chapters, in: Amelie F. Constant & Klaus F. Zimmermann (ed.), International Handbook on the Economics of Migration, chapter 23, pages 432-452, Edward Elgar Publishing.
    41. Giovanni Mastrobuoni & Paolo Pinotti, 2011. "Migration Restrictions and Criminal Behavior: Evidence from a Natural Experiment," Carlo Alberto Notebooks 208, Collegio Carlo Alberto.
    42. Tim Krieger, 2014. "Public Pensions and Immigration," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 12(02), pages 10-15, July.
    43. Dobra, Alexandra, 2009. "Identifying the key issues focusing on the costs and benefits of immigration in developed countries," MPRA Paper 16806, University Library of Munich, Germany.
    44. Geoffrey Hewings & Seryoung Park, 2007. "Aging and the Regional Economy: Simulation Results from the Chicago CGE Model," EcoMod2007 23900037, EcoMod.
    45. Doepke, Matthias & Hannusch, Anne & Kindermann, Fabian & Tertilt, Michèle, 2022. "The Economics of Fertility: A New Era," CEPR Discussion Papers 17212, C.E.P.R. Discussion Papers.
    46. Lindbeck, Assar & Wikström, Solveig, 1999. "The ICT Revolution in Consumer Product Markets," Seminar Papers 670, Stockholm University, Institute for International Economic Studies.
    47. Kemnitz, Alexander, 2006. "Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization," Dresden Discussion Paper Series in Economics 13/06, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    48. Kemnitz, Alexander, 2007. "Native Welfare Losses from High Skilled Immigration," Dresden Discussion Paper Series in Economics 16/07, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    49. Muysken, Joan & Vallizadeh, Ehsan & Ziesemer, Thomas, 2012. "Migration, Unemployment, and Over-qualification: A Specific-Factors Model Approach," MPRA Paper 43057, University Library of Munich, Germany.
    50. Virginia Sanchez-Marcos & Alfonso Sanchez Martin, 2004. "Can Social Security be welfare improving when there is demographic uncertainty?," Computing in Economics and Finance 2004 163, Society for Computational Economics.
    51. Mikkel Christoffer Barslund & Marten von Werder, 2016. "Measuring dependency ratios using National Transfer Accounts," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 14(1), pages 155-186.
    52. Svensson, Lars, 2000. "The first Year of the Eurosystem: Inflation Targeting or Not?," Seminar Papers 681, Stockholm University, Institute for International Economic Studies.
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    54. Zaiceva, A. & Zimmermann, K.F., 2016. "Migration and the Demographic Shift," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 119-177, Elsevier.
    55. Luca Marchiori & Patrice Pieretti & Benteng Zou, 2018. "Immigration, Occupational Choice and Public Employment," Annals of Economics and Statistics, GENES, issue 131, pages 83-116.
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    76. Fehr, Hans & Jokisch, Sabine & Kallweit, Manuel & Kindermann, Fabian & Kotlikoff, Laurence J., 2013. "Generational Policy and Aging in Closed and Open Dynamic General Equilibrium Models," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1719-1800, Elsevier.
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    93. Razin, Assaf & Sadka, Efraim & Suwankiri, Benjarong, 2010. "Migration and the Welfare State: Dynamic Political-Economy Theory," CEPR Discussion Papers 7996, C.E.P.R. Discussion Papers.
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    1. William B. Peterman & Kamila Sommer, 2019. "How Well Did Social Security Mitigate The Effects Of The Great Recession?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(3), pages 1433-1466, August.
    2. Henning Bohn, 1999. "Social Security and Demographic Uncertainty: The Risk Sharing Properties of Alternative Policies," NBER Working Papers 7030, National Bureau of Economic Research, Inc.
    3. Alisdair McKay, 2011. "Household Saving Behavior and Social Security Privatization," Boston University - Department of Economics - Working Papers Series WP2011-027, Boston University - Department of Economics.
    4. Egil Matsen & Øystein Thøgersen, 2000. "Designing Social Security – A Portfolio Choice Approach," Working Paper Series 1102, Department of Economics, Norwegian University of Science and Technology.
    5. Mark Hugget & Gustavo Ventura & Amir Yaron, 2002. "Human Capital and Earnings Distribution Dynamics," NBER Working Papers 9366, National Bureau of Economic Research, Inc.
    6. Börsch-Supan, Axel H. & Heiss, Florian & Ludwig, Alexander & Winter, Joachim, 2003. "Pension reform, capital markets and the rate of return," Munich Reprints in Economics 20200, University of Munich, Department of Economics.
    7. Kumru, Cagri S. & Thanopoulos, Athanasios C., 2011. "Social security reform with self-control preferences," Journal of Public Economics, Elsevier, vol. 95(7), pages 886-899.
    8. Yamada, Tomoaki, 2011. "A politically feasible social security reform with a two-tier structure," Journal of the Japanese and International Economies, Elsevier, vol. 25(3), pages 199-224, September.
    9. Dirk Krueger & Fabrizio Perri, 2005. "Does income inequality lead to consumption equality? evidence and theory," Staff Report 363, Federal Reserve Bank of Minneapolis.
    10. William B. Peterman & Kamila Sommer, 2019. "A historical welfare analysis of Social Security: Whom did the program benefit?," Quantitative Economics, Econometric Society, vol. 10(4), pages 1357-1399, November.
    11. Virginia Sanchez-Marcos & Alfonso Sanchez Martin, 2004. "Can Social Security be welfare improving when there is demographic uncertainty?," Computing in Economics and Finance 2004 163, Society for Computational Economics.
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    13. Vadym Lepetyuk & Christian A. Stoltenberg, 2013. "Reconciling Consumption Inequality with Income Inequality," Tinbergen Institute Discussion Papers 13-124/VI, Tinbergen Institute.
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    51. Olovsson, Conny, 2004. "The Welfare Gains of Improving Risk Sharing in Social Security," Seminar Papers 728, Stockholm University, Institute for International Economic Studies.
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    Cited by:

    1. Christopher D. Carroll, 2009. "Theoretical Foundations of Buffer Stock Saving," 2009 Meeting Papers 210, Society for Economic Dynamics.
    2. Kim, Jiseob & Wang, Yicheng, 2018. "Macroeconomic and distributional effects of mortgage guarantee programs for the poor," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 124-151.
    3. Marek Kapička & Julian Neira, 2019. "Optimal Taxation with Risky Human Capital," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(4), pages 271-309, October.
    4. Dirk Krueger & Alexander Ludwig, 2006. "On the Consequences of Demographic Change for International Capital Flows, Rates of Returns to Capital, and the Distribution of Wealth and Welfare," 2006 Meeting Papers 643, Society for Economic Dynamics.
    5. Assar Lindbeck, 2002. "The European Social Model: Lessons for Developing Countries," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 19(01), pages 1-13.
    6. Svetlana Pashchenko & Ponpoje Porapakkarm, 2025. "Saving Motives over the Life-Cycle," Working Papers 2025-008, Human Capital and Economic Opportunity Working Group.
    7. Victoria Prowse & Daniel Kemptner & Peter Hahn, 2017. "Insurance, Redistribution, and the Inequality of Lifetime Income," Purdue University Economics Working Papers 1304, Purdue University, Department of Economics.
    8. Richard M. H. Suen, 2012. "Time Preference and the Distribution of Wealth and Income," Working papers 2012-01, University of Connecticut, Department of Economics.
    9. Fatih Guvenen, 2011. "Macroeconomics with hetereogeneity : a practical guide," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 97(3Q), pages 255-326.
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    11. Felix Wellschmied, 2021. "The welfare effects of asset mean‐testing income support," Quantitative Economics, Econometric Society, vol. 12(1), pages 217-249, January.
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    48. Dirk Krueger & Fabrizio Perri, 2005. "Does income inequality lead to consumption equality? evidence and theory," Staff Report 363, Federal Reserve Bank of Minneapolis.
    49. James Feigenbaum & Geng Li, 2010. "A semiparametric characterization of income uncertainty over the life cycle," Finance and Economics Discussion Series 2010-42, Board of Governors of the Federal Reserve System (U.S.).
    50. Persson, Mats & Sandmo, Agnar, 2002. "Taxation and Tournaments," Seminar Papers 715, Stockholm University, Institute for International Economic Studies.
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    53. Masakatsu Okubo, 2015. "Earnings Dynamics and Profile Heterogeneity: Estimates from Japanese Panel Data," The Japanese Economic Review, Japanese Economic Association, vol. 66(1), pages 112-146, March.
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    1. Francisco Covas, 2005. "Uninsured Idiosyncratic Production Risk With Borrowing Constraints," Computing in Economics and Finance 2005 198, Society for Computational Economics.
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    3. Akyol, Ahmet & Athreya, Kartik, 2005. "Risky higher education and subsidies," Journal of Economic Dynamics and Control, Elsevier, vol. 29(6), pages 979-1023, June.
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    47. Busch, Christopher & Ludwig, Alexander, 2021. "Higher-order income risk over the business cycle," ICIR Working Paper Series 36/21, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
    48. Guiso, Luigi & Sodini, Paolo, 2013. "Household Finance: An Emerging Field," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 1397-1532, Elsevier.
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    51. Hui Guo, 2003. "Limited stock market participation and asset prices in a dynamic economy," Working Papers 2000-031, Federal Reserve Bank of St. Louis.
    52. Alan Guoming Huang & Eric Hughson & J. Chris Leach, 2016. "Generational Asset Pricing, Equity Puzzles, and Cyclicality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 52-71, October.
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    55. Stavros Panageas & Leonid Kogan & Nicolae Garleanu, 2009. "The Demographics of Innovation and Asset Returns," 2009 Meeting Papers 140, Society for Economic Dynamics.
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    57. Andrew Ang & Angela Maddaloni, 2005. "Do Demographic Changes Affect Risk Premiums? Evidence from International Data," The Journal of Business, University of Chicago Press, vol. 78(1), pages 341-380, January.
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    67. Jose-Victor Rios Rull & Jonathan Heathcote & Dirk Krueger & Andy Glover, 2011. "Intergenerational Redistribution in the Great Recession," 2011 Meeting Papers 141, Society for Economic Dynamics.
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    141. Ivan Vidangos, 2009. "Household welfare, precautionary saving, and social insurance under multiple sources of risk," Finance and Economics Discussion Series 2009-14, Board of Governors of the Federal Reserve System (U.S.).
    142. Mark Huggett & Greg Kaplan, 2015. "How Large is the Stock Component of Human Capital?," NBER Working Papers 21238, National Bureau of Economic Research, Inc.
    143. YiLi Chien & Harold Cole & Hanno Lustig, 2007. "A Multiplier Approach to Understanding the Macro Implications of Household Finance," NBER Working Papers 13555, National Bureau of Economic Research, Inc.
    144. Burkhard Heer & Alfred Maussner & Paul D. McNelis, 2007. "The Money-Age Distribution: Empirical Facts and Limited Monetary Models," CESifo Working Paper Series 1917, CESifo.
    145. Shuhei Takahashi, 2015. "Time-Varying Wage Risk, Incomplete Markets, and Business Cycles," KIER Working Papers 912, Kyoto University, Institute of Economic Research.
    146. Dirk Krueger, 2006. "Public Insurance against Idiosyncratic and Aggregate Risk: The Case of Social Security and Progressive Income Taxation," CESifo Economic Studies, CESifo Group, vol. 52(4), pages 587-620, December.
    147. Hsu, Jason C., 2012. "What drives equity market non-participation?," The North American Journal of Economics and Finance, Elsevier, vol. 23(1), pages 86-114.
    148. Ivo Bakota, 2023. "Market Clearing and Krusell-Smith Algorithm in an Economy with Multiple Assets," Computational Economics, Springer;Society for Computational Economics, vol. 62(3), pages 1007-1045, October.
    149. Kjetil Storesletten & Chris I. Telmer & Amir Yaron, 2004. "Cyclical Dynamics in Idiosyncratic Labor Market Risk," Journal of Political Economy, University of Chicago Press, vol. 112(3), pages 695-717, June.
    150. Kartik B. Athreya, 2001. "The growth of unsecured credit : are we better off?," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 11-33.
    151. Per Krusell & Anthony A. Smith, Jr., 1999. "On the Welfare Effects of Eliminating Business Cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(1), pages 245-272, January.
    152. Hans Fehr, 2009. "Computable Stochastic Equilibrium Models and Their Use in Pension- and Ageing Research," De Economist, Springer, vol. 157(4), pages 359-416, December.
    153. Ivan Vidangos, 2009. "Fluctuations in individual labor income: a panel VAR analysis," Finance and Economics Discussion Series 2009-09, Board of Governors of the Federal Reserve System (U.S.).
    154. Seppala, Juha, 2005. "Erratum to "The term structure of real interest rates: theory and evidence from UK index-linked bonds": [Journal of Monetary Economics 51(7) (2004) 1509-1549]," Journal of Monetary Economics, Elsevier, vol. 52(2), pages 497-497, March.
    155. Luca Benzoni & Olena Chyruk, 2013. "Human Capital and Long-Run Labor Income Risk," Working Paper Series WP-2013-16, Federal Reserve Bank of Chicago.
    156. Josep Pijoan-Mas, 2002. "Pricing Risk in Economies with Heterogenous Agents and Incomplete Markets," Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP) 3, Centro de Altisimos Estudios Rios Perez (CAERP).
    157. Gomes, Francisco & Michaelides, Alexander, 2005. "Asset pricing with limited risk sharing and heterogeneous agents," LSE Research Online Documents on Economics 24649, London School of Economics and Political Science, LSE Library.
    158. Luo, Yulei & Zou, Heng-fu, 2008. "Uninsurable Entrepreneurial Risk, Capital Market Imperfections, and Heterogeneity in the Macroeconomy," MPRA Paper 59450, University Library of Munich, Germany.
    159. Carvajal, Andrés & Zhou, Hang, 2024. "Idiosyncratic risk and the equity premium," Journal of Mathematical Economics, Elsevier, vol. 113(C).
    160. Georg Kaltenbrunner & Lars Lochstoer, 2007. "Long-Run Risk through Consumption Smoothing," 2007 Meeting Papers 25, Society for Economic Dynamics.
    161. Philipp Renner & Simon Scheidegger, 2017. "Machine learning for dynamic incentive problems," Working Papers 203620397, Lancaster University Management School, Economics Department.
    162. Rajnish Mehra, 2003. "The Equity Premium: Why is it a Puzzle?," NBER Working Papers 9512, National Bureau of Economic Research, Inc.
    163. Elton Dusha & Alexandre Janiak, 2018. "On the dynamics of asset prices and liquidity: the role of search frictions and idiosyncratic shocks," 2018 Meeting Papers 524, Society for Economic Dynamics.
    164. Jau-er Chen & Rajarshi Mitra, 2020. "Demographic Shifts and Asset Returns in Japan," Economics Bulletin, AccessEcon, vol. 40(2), pages 1570-1582.
    165. Esther Eiling, 2013. "Industry-Specific Human Capital, Idiosyncratic Risk, and the Cross-Section of Expected Stock Returns," Journal of Finance, American Finance Association, vol. 68(1), pages 43-84, February.
    166. Thomas Mertens, 2012. "Solving General Incomplete Market Models with Substantial Heterogeneity," 2012 Meeting Papers 1173, Society for Economic Dynamics.
    167. Kartik Athreya & Ahmet Akyol, 2007. "Unsecured Credit and Self-Employment," 2007 Meeting Papers 49, Society for Economic Dynamics.
    168. Amadeu DaSilva & Mira Farka, 2017. "Retracted: Portfolio Allocation and Asset Returns in an OLG Economy with Increasing Risk Aversion," European Financial Management, European Financial Management Association, vol. 23(4), pages 836-836, September.
    169. Robin Brooks, 2002. "Asset-Market Effects of the Baby Boom and Social-Security Reform," American Economic Review, American Economic Association, vol. 92(2), pages 402-406, May.
    170. Michelangeli Valentina & Santoro Marika, 2013. "Households’ uncertainty about Medicare policy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 151-186, January.
    171. Marco Cozzi, 2014. "The Krusell-smith Algorithm: Are Self-fulfilling Equilibria Likely?," Working Paper 1323, Economics Department, Queen's University.
    172. Yongsung Chang & Jay H. Hong & Marios Karabarbounis, 2014. "Labor-Market Uncertainty and Portfolio Choice Puzzles," Working Paper 14-13, Federal Reserve Bank of Richmond.
    173. Niepelt, Dirk, 2003. "Intra-Generational Conflict: The Role of Balanced Budget Rules," Seminar Papers 722, Stockholm University, Institute for International Economic Studies.
    174. Matthieu Gomez, 2017. "Asset Prices and Wealth Inequality," 2017 Meeting Papers 1155, Society for Economic Dynamics.
    175. Konstantinos Angelopoulos & Spyridon Lazarakis & James Malley, 2022. "Cyclical labour income risk in Great Britain," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(1), pages 116-130, January.
    176. Maria I. Marika Santoro, 2009. "The CBO Infinite-Horizon Model with Idiosyncratic Uncertainty and Borrowing Constraints: Working Paper 2009-03," Working Papers 41375, Congressional Budget Office.
    177. Luca Benzoni & Pierre Collin-Dufresne & Robert S. Goldstein, 2007. "Portfolio choice over the life-cycle when the stock and labor markets are cointegrated," Working Paper Series WP-07-11, Federal Reserve Bank of Chicago.
    178. Jialun Li & Kent Smetters, 2011. "Optimal Portfolio Choice with Wage-Indexed Social Security," NBER Working Papers 17025, National Bureau of Economic Research, Inc.
    179. Christopher Malloy & Tobias Moskowitz, 2005. "Human Capital Risk, Stockholder Consumption, and Asset Returns," 2005 Meeting Papers 123, Society for Economic Dynamics.
    180. Lander, David, 2024. "Estimating life-cycle income processes including means-tested transfers," Economics Letters, Elsevier, vol. 242(C).
    181. Felix KUBLER & Karl SCHMEDDERS, 2010. "Life-Cycle Portfolio Choice, the Wealth Distribution and Asset Prices," Swiss Finance Institute Research Paper Series 10-21, Swiss Finance Institute.
    182. Gianluca Violante & Greg Kaplan, 2008. "How Much Insurance in Bewley Models?," 2008 Meeting Papers 522, Society for Economic Dynamics.
    183. Athreya, Kartik B., 2002. "Welfare implications of the Bankruptcy Reform Act of 1999," Journal of Monetary Economics, Elsevier, vol. 49(8), pages 1567-1595, November.
    184. Orrego, Fabrizio, 2011. "Sequential incompleteness and dynamic suboptimality in stochastic OLG economies with production," Working Papers 2011-014, Banco Central de Reserva del Perú.
    185. Felix Kubler & Johannes Brumm, 2013. "Applying Negishi's method to stochastic models with overlapping generations," 2013 Meeting Papers 1352, Society for Economic Dynamics.
    186. Joao Cocco & Nuno Clara, 2016. "An Analysis of Consumer Debt Restructuring Policies," 2016 Meeting Papers 480, Society for Economic Dynamics.
    187. Ivan Sutoris, 2018. "Asset Prices in a Production Economy with Long-run and Idiosyncratic Risk," Working Papers 2018/4, Czech National Bank, Research and Statistics Department.
    188. Seppälä, Juha, 2000. "The term structure of real interest rates: Theory and evidence form UK index-linked bonds," Bank of Finland Research Discussion Papers 22/2000, Bank of Finland.
    189. Feigenbaum, James, 2008. "Information shocks and precautionary saving," Journal of Economic Dynamics and Control, Elsevier, vol. 32(12), pages 3917-3938, December.
    190. Luigi Aldieri & Maxim N. Kotsemir & Concetto Paolo Vinci, 2020. "The Effects of Collaboration on Research Performance of Universities: an Analysis by Federal District and Scientific Fields in Russia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(2), pages 766-787, June.
    191. Gârleanu, Nicolae & Kogan, Leonid & Panageas, Stavros, 2012. "Displacement risk and asset returns," Journal of Financial Economics, Elsevier, vol. 105(3), pages 491-510.
    192. Shantanu Bagchi, 2024. "Business Cycles and Public Pensions: Aggregate Risk and Social Security in the United States," Working Papers 2024-11, Towson University, Department of Economics, revised Sep 2024.
    193. Kim, Sei-Wan & Krausz, Joshua & Nam, Kiseok, 2013. "Revisiting asset pricing under habit formation in an overlapping-generations economy," Journal of Banking & Finance, Elsevier, vol. 37(1), pages 132-138.
    194. Thomas Post & Helmut Gründl & Joan T. Schmit & Anja Zimmer, 2014. "The Impact of Investment Behaviour for Individual Welfare," Economica, London School of Economics and Political Science, vol. 81(321), pages 15-47, January.
    195. Attanasio, O. & Bonfatti, A. & Kitao, S. & Weber, G., 2016. "Global Demographic Trends," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 179-235, Elsevier.
    196. Heejeong Kim & Aubhik Khan, 2015. "Segmented Asset Markets and the Distribution of Wealth," 2015 Meeting Papers 1385, Society for Economic Dynamics.
    197. Krueger, Dirk & Kubler, Felix, 2004. "Computing equilibrium in OLG models with stochastic production," Journal of Economic Dynamics and Control, Elsevier, vol. 28(7), pages 1411-1436, April.
    198. Ki Beom Binh & Hogyu Jhang, 2015. "Extraneous Risk: Pricing of Non-Systematic Risk," Annals of Economics and Finance, Society for AEF, vol. 16(2), pages 335-352, November.
    199. Mnasri, Ayman, 2018. "Downpayment, mobility and default: A welfare analysis," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 235-252.
    200. Robert Shimer, 2002. "The Research Agenda: Labor Market Frictions and Business Cycles," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 4(1), November.
    201. Valery Polkovnichenko & Alexander Michaelides & Francisco Gomes, 2007. "Fiscal Policy, Asset Pricing and Economic Activity in a Savers-Spenders Economy," 2007 Meeting Papers 191, Society for Economic Dynamics.
    202. Xiao Chen & Jin Hyuk Choi & Kasper Larsen & Duane J. Seppi, 2023. "Price impact in Nash equilibria," Finance and Stochastics, Springer, vol. 27(2), pages 305-340, April.
    203. Karsten O. Chipeniuk & Nets Hawk Katz & Todd Bruce Walker, 2022. "Households, Auctioneers, and Aggregation," CAEPR Working Papers 2022-005 Classification-E, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    204. Tom Krebs, 2003. "Growth and Welfare Effects of Business Cycles in Economies with Idiosyncratic Human Capital Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(4), pages 846-868, October.
    205. Piazzesi, Monika & Leombroni, Matteo & Rogers, Ciaran & Schneider, Martin, 2020. "Inflation and the Price of Real Assets," CEPR Discussion Papers 14390, C.E.P.R. Discussion Papers.
    206. John Donaldson & Rajnish Mehra, 2007. "Risk Based Explanations of the Equity Premium," NBER Working Papers 13220, National Bureau of Economic Research, Inc.
    207. Balduzzi, Pierluigi & Yao, Tong, 2007. "Testing heterogeneous-agent models: an alternative aggregation approach," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 369-412, March.

  41. Kjetil Storesletten & Chris Telmer & Amir Yaron, "undated". "Persistent Idiosyncratic Shocks and Incomplete Markets," GSIA Working Papers 24, Carnegie Mellon University, Tepper School of Business.

    Cited by:

    1. Hanno Lustig, 2001. "The Market Price of Aggregate Risk and the Wealth Distribution," Finance 0111004, University Library of Munich, Germany, revised 16 Nov 2001.
    2. Calvet, Laurent & Gonzalez-Eiras, Martín & Sodini, Paolo, 2004. "Financial Innovation, Market Participation, and Asset Prices," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 39(3), pages 431-459, September.
    3. Fernando Alvarez & Urban J. Jermann, 1999. "Quantitative Asset Pricing Implications of Endogenous Solvency Constraints," NBER Working Papers 6953, National Bureau of Economic Research, Inc.
    4. Yannis Bilias & Michael Haliassos, 2004. "The Distribution of Gains from Access to Stocks," CSEF Working Papers 125, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    5. Michael Haliassos & Alexander Michaelides, 2003. "Portfolio Choice and Liquidity Constraints," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(1), pages 143-177, February.
    6. Andrei Semenov, 2003. "High-Order Consumption Moments and Asset Pricing," Working Papers 2003_4, York University, Department of Economics, revised Jan 2005.
    7. Miquel Faig, 1999. "Asset Pricing, Growth, And The Business Cycle With Irreversible Investment," Working Papers faig-98-02, University of Toronto, Department of Economics.
    8. Karen K. Lewis, 1998. "International Home Bias in International Finance and Business Cycles," NBER Working Papers 6351, National Bureau of Economic Research, Inc.
    9. Martin Lettau, 2001. "Idiosyncratic risk and volatility bounds, or can models with idiosyncratic risk solve the equity premium puzzle?," Staff Reports 130, Federal Reserve Bank of New York.
    10. Dirk Krueger & Fabrizio Perri, 1999. "Risk sharing: private insurance markets or redistributive taxes?," Staff Report 262, Federal Reserve Bank of Minneapolis.
    11. Leduc, Sylvain, 2002. "Incomplete markets, borrowing constraints, and the foreign exchange risk premium," Journal of International Money and Finance, Elsevier, vol. 21(7), pages 957-980, December.
    12. Fernando Alvarez & Urban J Jermann, 2010. "Asset Pricing When Risk Sharing is Limited by Default," Levine's Working Paper Archive 1898, David K. Levine.

Articles

  1. Elin Halvorsen & Hans A Holter & Serdar Ozkan & Kjetil Storesletten, 2024. "Dissecting Idiosyncratic Earnings Risk," Journal of the European Economic Association, European Economic Association, vol. 22(2), pages 617-668.
    See citations under working paper version above.
  2. Michael König & Kjetil Storesletten & Zheng Song & Fabrizio Zilibotti, 2022. "From Imitation to Innovation: Where Is All That Chinese R&D Going?," Econometrica, Econometric Society, vol. 90(4), pages 1615-1654, July.
    See citations under working paper version above.
  3. Heathcote, Jonathan & Storesletten, Kjetil & Violante, Giovanni L., 2020. "Optimal progressivity with age-dependent taxation," Journal of Public Economics, Elsevier, vol. 189(C).
    See citations under working paper version above.
  4. Jonathan Heathcote & Kjetil Storesletten & Giovanni L Violante, 2020. "Presidential Address 2019: How Should Tax Progressivity Respond to Rising Income Inequality?," Journal of the European Economic Association, European Economic Association, vol. 18(6), pages 2715-2754.

    Cited by:

    1. Ferey, Antoine & Haufler, Andreas & Perroni, Carlo, 2022. "Incentives, Globalization, and Redistribution," Rationality and Competition Discussion Paper Series 335, CRC TRR 190 Rationality and Competition.
    2. Støstad, Morten Nyborg & Cowell, Frank, 2024. "Inequality as an externality: consequences for tax design," LSE Research Online Documents on Economics 123752, London School of Economics and Political Science, LSE Library.
    3. Alessandra Pizzo, 2023. "The welfare effects of tax progressivity in a frictional labor market," Post-Print hal-04278476, HAL.
    4. James B. Bullard & Riccardo DiCecio & Aarti Singh & Jacek Suda, 2023. "Optimal Macroeconomic Policies in a Heterogeneous World," Speech 96444, Federal Reserve Bank of St. Louis.
    5. Felix Bierbrauer & Aleh Tsyvinski & Nicolas Werquin, 2021. "Taxes and Turnout: When the Decisive Voter Stays at Home," ECONtribute Discussion Papers Series 071, University of Bonn and University of Cologne, Germany.
    6. Jeong, Minhyeon & Jung, Euiyoung & Lee, Chul-In, 2024. "Comovement of labor supply and human capital investment in policy analysis," Economics Letters, Elsevier, vol. 245(C).
    7. Jonas Loebbing, 2023. "Redistributive Income Taxation with Directed Technical Change," Rationality and Competition Discussion Paper Series 420, CRC TRR 190 Rationality and Competition.
    8. Jonas Loebbing, 2020. "Redistributive Income Taxation with Directed Technical Change," CESifo Working Paper Series 8743, CESifo.
    9. van der Vaart, J & Groneck, M & van Ooijen, R, 2024. "Health Inequalities and the Progressivity of Old-Age Social Insurance Programs," Health, Econometrics and Data Group (HEDG) Working Papers 24/20, HEDG, c/o Department of Economics, University of York.
    10. Darapheak Tin & Chung Tran & Nabeeh Zakariyya, 2025. "The Evolution of the Earnings Distribution in a Sustained Growth Economy: Evidence from Australia," ANU Working Papers in Economics and Econometrics 2025-704, Australian National University, College of Business and Economics, School of Economics.
    11. Maria Coelho & Aieshwarya Davis & Alexander Klemm & Carolina Osorio-Buitron, 2024. "Gendered taxes: the interaction of tax policy with gender equality," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(5), pages 1413-1460, October.
    12. Sandro Ambuehl & Sebastian Blesse & Philipp Doerrenberg & Christoph Feldhaus & Axel Ockenfels, 2023. "Politicians' Social Welfare Criteria: An Experiment with German Legislators," CESifo Working Paper Series 10329, CESifo.
    13. João Tovar Jalles & Georgios Karras, 2023. "Tax Progressivity and Output: Evidence from OECD countries," Working Papers REM 2023/0293, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    14. David W. Berger & Kyle F. Herkenhoff & Simon Mongey, 2022. "Minimum Wages, Efficiency and Welfare," Opportunity and Inclusive Growth Institute Working Papers 058, Federal Reserve Bank of Minneapolis.
    15. Felix Bierbrauer & Aleh Tsyvinski & Nicolas Werquin, 2021. "Taxes and Turnout: When the Decisive Voter Stays at Home," CESifo Working Paper Series 8954, CESifo.
    16. Cordoba, Juan Carlos & Ripoll, Marla & Yang, Siqiang, 2020. "The Full Recession: Private Versus Social Costs of Covid-19," ISU General Staff Papers 202010280700001115, Iowa State University, Department of Economics.
    17. Jang, Youngsoo, 2021. "Democracy or Optimal Policy: Income Tax Decisions without Commitment," MPRA Paper 110466, University Library of Munich, Germany.
    18. 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.
    19. Bierbrauer, Felix & Tsyvinski, Aleh & Werquin, Nicolas, 2021. "Taxes and Turnout: When the decisive voter stays at home," CEPR Discussion Papers 15928, C.E.P.R. Discussion Papers.
    20. Jalles, João Tovar & Karras, Georgios, 2024. "Tax progressivity and income inequality in the US," Economics Letters, Elsevier, vol. 238(C).
    21. Erik Hurst & Patrick J. Kehoe & Elena Pastorino & Thomas Winberry, 2022. "The Distributional Impact of the Minimum Wage in the Short and Long Run," Staff Report 640, Federal Reserve Bank of Minneapolis.
    22. Jang, Youngsoo, 2021. "Democracy or Optimal Policy: Income Tax Decisions without Commitment," MPRA Paper 110475, University Library of Munich, Germany.
    23. Bahn, Dorothée & Bredemeier, Christian & Juessen, Falko, 2025. "Household chores, taxes, and the labor-supply elasticities of women and men," Ruhr Economic Papers 1177, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    24. Martin F. Hellwig, 2021. "Social Choice in Large Populations with Single-Peaked Preferences," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2021_18, Max Planck Institute for Research on Collective Goods.
    25. Oni, Mehedi Hasan, 2023. "Progressive income taxation and consumption baskets of rich and poor," Journal of Economic Dynamics and Control, Elsevier, vol. 157(C).
    26. Alessandra Pizzo, 2023. "The welfare effects of tax progressivity with frictional labor markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 123-146, July.
    27. Pavel Brendler & Moritz Kuhn & Ulrike I. Steins, 2024. "To Have or Not to Have: Understanding Wealth Inequality," Opportunity and Inclusive Growth Institute Working Papers 098, Federal Reserve Bank of Minneapolis.
    28. Johannes König, 2023. "Bias in Tax Progressivity Estimates," National Tax Journal, University of Chicago Press, vol. 76(2), pages 267-289.
    29. Youngsoo Jang & Takeki Sunakawa & Minchul Yum, 2023. "Tax‐and‐transfer progressivity and business cycles," Quantitative Economics, Econometric Society, vol. 14(4), pages 1367-1400, November.
    30. Zuobao Wang & Tianrun Lin & Yao Chen & Shurui Zhang, 2025. "Is it Actually Working Well? A Comparative Study of the Redistributive Effectiveness of Public Social Benefits in 33 Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 179(1), pages 235-267, August.
    31. Artige, Lionel & Cavenaile, Laurent, 2023. "Public education expenditures, growth and income inequality," Journal of Economic Theory, Elsevier, vol. 209(C).

  5. Andreas Müller & Kjetil Storesletten & Fabrizio Zilibotti, 2019. "Sovereign Debt and Structural Reforms," American Economic Review, American Economic Association, vol. 109(12), pages 4220-4259, December.
    See citations under working paper version above.
  6. Heathcote, Jonathan & Storesletten, Kjetil & Violante, Giovanni L., 2017. "The macroeconomics of the quiet revolution: Understanding the implications of the rise in women’s participation for economic growth and inequality," Research in Economics, Elsevier, vol. 71(3), pages 521-539.

    Cited by:

    1. Rania Gihleb & Osnat Lifshitz, 2022. "Dynamic Effects of Educational Assortative Mating on Labor Supply," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 302-327, October.
    2. Masao Fukui & Emi Nakamura & Jón Steinsson, 2023. "Women, Wealth Effects, and Slow Recoveries," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(1), pages 269-313, January.
    3. Siassi, Nawid, 2014. "Inequality and the Marriage Gap," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100570, Verein für Socialpolitik / German Economic Association.
    4. Hie Joo Ahn & Yunjong Eo, 2025. "Recession Shapes of Regional Evolution: Factors of Hysteresis," Finance and Economics Discussion Series 2025-062, Board of Governors of the Federal Reserve System (U.S.).
    5. Morchio, Iacopo & Moser, Christian, 2018. "The Gender Pay Gap: Micro Sources and Macro Consequences," MPRA Paper 99276, University Library of Munich, Germany, revised 24 Mar 2020.
    6. Grant, Darren, 2022. "The “Quiet Revolution” and the cesarean section in the United States," Economics & Human Biology, Elsevier, vol. 47(C).
    7. Nuno Alves & Fátima Cardoso & Nuno Monteiro, 2020. "A characterization of income and consumption inequality in Portugal," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    8. Badel, Alejandro & Goyal, Rishi, 2024. "When will global gender gaps close?," Economics Letters, Elsevier, vol. 237(C).

  7. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2017. "Optimal Tax Progressivity: An Analytical Framework," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(4), pages 1693-1754.
    See citations under working paper version above.
  8. Andreas Müller & Kjetil Storesletten & Fabrizio Zilibotti, 2016. "The Political Color Of Fiscal Responsibility," Journal of the European Economic Association, European Economic Association, vol. 14(1), pages 252-302, February.

    Cited by:

    1. Uchida, Yuki & Ono, Tetsuo, 2021. "Political economy of taxation, debt ceilings, and growth," European Journal of Political Economy, Elsevier, vol. 68(C).
    2. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    3. Corsetti, G. & Erce, A. & Uy, T., 2017. "Official Sector Lending Strategies During the Euro Area Crisis," Cambridge Working Papers in Economics 1730, Faculty of Economics, University of Cambridge.
    4. Uchida, Yuki & Ono, Tetsuo, 2023. "Generational Distribution of Fiscal Burdens: A Positive Analysis," MPRA Paper 113607, University Library of Munich, Germany.
    5. Alessandra Bonfiglioli & Gino Gancia, 2018. "Economic Uncertainty and Structural Reforms," Working Papers 877, Queen Mary University of London, School of Economics and Finance.
    6. Mita Bhattacharya & John Inekwe, 2021. "Convergence in Sovereign Debt Defaults: Quantifying the Roles of Institutions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(3), pages 792-811, June.
    7. Wei Cui, 2017. "Macroeconomic Effects of Delayed Capital Liquidation," Discussion Papers 1719, Centre for Macroeconomics (CFM).
    8. Real Arai & Katsuyuki Naito & Tetsuo Ono, 2018. "Intergenerational policies, public debt, and economic growth: a politico-economic analysis," Discussion Papers in Economics and Business 18-12, Osaka University, Graduate School of Economics.
    9. Niklas Potrafke, 2016. "Partisan Politics: The Empirical Evidence from OECD Panel Studies," CESifo Working Paper Series 6024, CESifo.
    10. A. Fatas & Mr. Atish R. Ghosh & Ugo Panizza & Mr. Andrea F Presbitero, 2019. "The Motives to Borrow," IMF Working Papers 2019/101, International Monetary Fund.
    11. Giorgio Bellettini & Paolo Roberti, 2020. "Politicians’ coherence and government debt," Public Choice, Springer, vol. 182(1), pages 73-91, January.
    12. Carmine Gabriele & Aitor Erce & Marialena Athanasopoulou & Juan Rojas, 2017. "Debt Stocks Meet Gross Financing Needs: A Flow Perspective into Sustainability," Working Papers 24, European Stability Mechanism.
    13. Roth, Christopher & Settele, Sonja & Wohlfart, Johannes, 2022. "Beliefs about public debt and the demand for government spending," Journal of Econometrics, Elsevier, vol. 231(1), pages 165-187.
    14. Murtinu, Samuele & Piccirilli, Giulio & Sacchi, Agnese, 2016. "Fiscal Policy, Government Polarization, and the Economic Literacy of Voters," MPRA Paper 74864, University Library of Munich, Germany.
    15. Andersen, Torben M., 2019. "Intergenerational conflict and public sector size and structure: A rationale for debt limits?," European Journal of Political Economy, Elsevier, vol. 57(C), pages 70-88.
    16. Scholl, Almuth, 2017. "The dynamics of sovereign default risk and political turnover," Journal of International Economics, Elsevier, vol. 108(C), pages 37-53.
    17. Timm M. Prein & Almuth Scholl, 2018. "The Impact of Bailouts on Political Turnover and Sovereign Default Risk," Working Paper Series of the Department of Economics, University of Konstanz 2018-04, Department of Economics, University of Konstanz.
    18. Tatiana Kirsanova & Celsa Machado & Ana Paula Ribeiro, 2020. "Tight and Loose, and Red and Blue: A 'Dance' of Macro Policies in the US," Working Papers 2020_14, Business School - Economics, University of Glasgow.
    19. Ryosuke Okazawa & Katsuya Takii, 2019. "Intergenerational Conflict Over Consumption Tax Hike: Evidence from Japan," OSIPP Discussion Paper 19E009, Osaka School of International Public Policy, Osaka University.
    20. Egor Starkov, 2020. "Only Time Will Tell: Credible Dynamic Signaling," Discussion Papers 20-05, University of Copenhagen. Department of Economics.
    21. Coulombe, Raphaelle G., 2021. "The electoral origin of government spending shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 129(C).
    22. Scholl, Almuth, 2024. "The politics of redistribution and sovereign default," Journal of International Economics, Elsevier, vol. 148(C).
    23. Zhengyang Jiang & Hanno Lustig & Stijn Van Nieuwerburgh & Mindy Z. Xiaolan, 2024. "What Drives Variation in the U.S. Debt‐to‐Output Ratio? The Dogs that Did not Bark," Journal of Finance, American Finance Association, vol. 79(4), pages 2603-2665, August.
    24. Giancarlo Corsetti & Aitor Erce & Timothy Uy, 2020. "Official sector lending during the euro area crisis," The Review of International Organizations, Springer, vol. 15(3), pages 667-705, July.
    25. Uchida, Yuki & Ono, Tetsuo, 2022. "Politics of Public Education and Pension Reform with Endogenous Fertility," MPRA Paper 114543, University Library of Munich, Germany.
    26. Ricardo Duque Gabriel, 2020. "Who should you vote for? Empirical evidence from Portuguese local governments," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 19(1), pages 5-31, January.
    27. Antonia Lopez Villavicencio & Hugo Oriola, 2025. "National elections and sub-national electoral cycles: Do strong fiscal rules matter in Europe?," EconomiX Working Papers 2025-15, University of Paris Nanterre, EconomiX.
    28. Uchida, Yuki & Ono, Tetsuo, 2024. "Life expectancy and politics of public education and pension with endogenous fertility," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    29. Ondrej Schneider, 2019. "Partisan Fiscal Policy: Evidence from Central and Eastern Europe," CESifo Working Paper Series 8014, CESifo.
    30. de Jong, Abe & Shahriar, Abu Zafar & Shazia, Farhan, 2022. "Reaching out to the unbanked: The role of political ideology in financial inclusion," Journal of International Money and Finance, Elsevier, vol. 126(C).
    31. Jiang, Jiangang & Zhang, Jianhong, 2023. "Does political ideology matter in Chinese cross-border acquisitions?," Journal of Business Research, Elsevier, vol. 161(C).
    32. Maebayashi, Noritaka, 2023. "The pace of fiscal consolidations, fiscal sustainability, and welfare: An overlapping generations approach," Journal of Macroeconomics, Elsevier, vol. 75(C).
    33. Boultzis, Ilias, 2025. "Preying on the young: Intergenerational conflict, rent seeking and growth," European Economic Review, Elsevier, vol. 173(C).
    34. Lopez-Velasco, Armando R., 2024. "Markov equilibrium of social security: An analytic solution under CRRA utility and the future of social security," Economic Modelling, Elsevier, vol. 132(C).

  9. Zheng Song & Kjetil Storesletten & Yikai Wang & Fabrizio Zilibotti, 2015. "Sharing High Growth across Generations: Pensions and Demographic Transition in China," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(2), pages 1-39, April.
    See citations under working paper version above.
  10. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2014. "Consumption and Labor Supply with Partial Insurance: An Analytical Framework," American Economic Review, American Economic Association, vol. 104(7), pages 2075-2126, July.
    See citations under working paper version above.
  11. Zheng Song & Kjetil Storesletten & Fabrizio Zilibotti, 2014. "Growing (with Capital Controls) like China," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(3), pages 327-370, August.

    Cited by:

    1. Guo, Shen & Jiang, Zheng & Shi, Huimin, 2018. "The business cycle implications of bank discrimination in China," Economic Modelling, Elsevier, vol. 73(C), pages 264-278.
    2. Joshua Aizenman, 2015. "Internationalization of the RMB, Capital Market Openness and Financial Reforms in China," Pacific Economic Review, Wiley Blackwell, vol. 20(3), pages 444-460, August.
    3. Verikios, George, 2015. "The Implications for Trade And FDI Flows From Liberalisation of China’s Capital Account," Conference papers 332655, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Lai, Jennifer & Chen, Hongyi & McNelis, Paul D., 2020. "Macroeconomic adjustment with managed exchange rates and capital controls: Some lessons from China," Economic Modelling, Elsevier, vol. 91(C), pages 759-768.
    5. He, Yiqing & Ding, Xin & Yang, Chuchu, 2021. "Do environmental regulations and financial constraints stimulate corporate technological innovation? Evidence from China," Journal of Asian Economics, Elsevier, vol. 72(C).
    6. Uddin, Md Akther & Baddou, Mehdi & Gulzar Mohd, Rosana, 2015. "Implications of Chinese Yuan on China’s competitiveness," MPRA Paper 70144, University Library of Munich, Germany.
    7. James Riedel, 2018. "The costs and benefits of exchange rate protection in China," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 32(1), pages 3-17, May.
    8. Hengxu Song & Pengfei Wang, 2023. "Can Monetary Policy Undo Asset‐freezing Sanctions?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 31(6), pages 33-55, November.
    9. Luigi Bonatti & Andrea Fracasso, 2016. "Modelling The Transition Towards The Renminbi'S Full Convertibility: Implications For China'S Growth," Bulletin of Economic Research, Wiley Blackwell, vol. 68(S1), pages 146-170, December.
    10. Chang, Chun & Liu, Zheng & Spiegel, Mark M., 2015. "Capital controls and optimal Chinese monetary policy," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 1-15.
    11. Cozzi, Guido & Davenport, Margaret, 2017. "Extrapolative Expectations and Capital Flows during Convergence," MPRA Paper 78016, University Library of Munich, Germany.
    12. King Yoong Lim & Pengfei Jia, 2018. "Tax Policy and Toxic Housing Bubbles in China," NBS Discussion Papers in Economics 2018/03, Economics, Nottingham Business School, Nottingham Trent University.
    13. Cozzi, Guido & Davenport, Margaret, 2015. "The Imbalanced Catch-up to Rational Expectations: Capital Flows during Convergence," MPRA Paper 71009, University Library of Munich, Germany, revised 28 Apr 2016.
    14. Zheng Liu & Mark M. Spiegel & Jingyi Zhang, 2020. "Optimal Capital Account Liberalization in China," Working Paper Series 2018-10, Federal Reserve Bank of San Francisco.
    15. Zilibotti, Fabrizio & Storesletten, Kjetil & Song, Zheng Michael & Wang, Yikai, 2012. "Sharing High Growth Across Generations: Pensions and Demographic Transition in China," CEPR Discussion Papers 9156, C.E.P.R. Discussion Papers.
    16. Moazam Mahmood & Shamyla Chaudry, 2020. "Pakistan’s Balance-of-Payments Crisis and Some Policy Options," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 25(2), pages 55-92, July-Dec.

  12. Kjetil Storesletten & Fabrizio Zilibotti, 2014. "China’s Great Convergence and Beyond," Annual Review of Economics, Annual Reviews, vol. 6(1), pages 333-362, August.

    Cited by:

    1. Yu Zheng & Raul Santaeulalia, 2016. "The Price of Growth: Consumption Insurance in China 1989-2009," 2016 Meeting Papers 826, Society for Economic Dynamics.
    2. Yahya Z. ALSHEHHI & Jozsef POPP, 2017. "Sectoral Analysis: Growth Accounting Of Tertiary Industries," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 14, pages 221-230, August.
    3. Laurent Didier & Pamina Koenig, 2019. "Has China replaced colonial trade?," PSE-Ecole d'économie de Paris (Postprint) halshs-02084348, HAL.
    4. Lai, Jieji & Liu, Bin, 2025. "Executives’ institutional reform experience, IP protection and R&D investment: Evidence from China's reform and opening up," Journal of Asian Economics, Elsevier, vol. 96(C).
    5. Wu, Sihong & Chirico, Francesco & Fan, Di & Ding, Jiayan & Su, Yiyi, 2024. "Foreign market exit in family firms: Do historical military and cultural frictions matter?," Journal of World Business, Elsevier, vol. 59(1).
    6. Simon Alder & Lin Shao & Fabrizio Zilibotti, 2016. "Economic reforms and industrial policy in a panel of Chinese cities," Journal of Economic Growth, Springer, vol. 21(4), pages 305-349, December.
    7. Fabrizio Zilibotti, 2017. "Growing and Slowing Down Like China," Journal of the European Economic Association, European Economic Association, vol. 15(5), pages 943-988.

  13. Zheng Song & Kjetil Storesletten & Fabrizio Zilibotti, 2012. "Rotten Parents and Disciplined Children: A Politico‐Economic Theory of Public Expenditure and Debt," Econometrica, Econometric Society, vol. 80(6), pages 2785-2803, November.
    See citations under working paper version above.
  14. Zheng Song & Kjetil Storesletten & Fabrizio Zilibotti, 2011. "Growing Like China," American Economic Review, American Economic Association, vol. 101(1), pages 196-233, February.
    See citations under working paper version above.
  15. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2010. "The Macroeconomic Implications of Rising Wage Inequality in the United States," Journal of Political Economy, University of Chicago Press, vol. 118(4), pages 681-722, August.
    See citations under working paper version above.
  16. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Quantitative Macroeconomics with Heterogeneous Households," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 319-354, May.
    See citations under working paper version above.
  17. Heathcote, Jonathan & Storesletten, Kjetil & Violante, Giovanni L., 2008. "Insurance and opportunities: A welfare analysis of labor market risk," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 501-525, April.
    See citations under working paper version above.
  18. Hassler, John & Krusell, Per & Storesletten, Kjetil & Zilibotti, Fabrizio, 2008. "On the optimal timing of capital taxes," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 692-709, May.
    See citations under working paper version above.
  19. Backus, David & Henriksen, Espen & Storesletten, Kjetil, 2008. "Taxes and the global allocation of capital," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 48-61, January.
    See citations under working paper version above.
  20. Kjetil Storesletten & Chris Telmer & Amir Yaron, 2007. "Asset Pricing with Idiosyncratic Risk and Overlapping Generations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(4), pages 519-548, October.
    See citations under working paper version above.
  21. Hassler, John & Storesletten, Kjetil & Zilibotti, Fabrizio, 2007. "Democratic public good provision," Journal of Economic Theory, Elsevier, vol. 133(1), pages 127-151, March.
    See citations under working paper version above.
  22. Hassler, John & Krusell, Per & Storesletten, Kjetil & Zilibotti, Fabrizio, 2005. "The dynamics of government," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1331-1358, October.

    Cited by:

    1. Poutvaara, Panu, 2006. "On the political economy of social security and public education," Munich Reprints in Economics 19551, University of Munich, Department of Economics.
    2. Battaglini, Marco & Coate, Stephen, 2005. "Inefficiency in Legislative Policy-Making: A Dynamic Analysis," Papers 08-09-2005, Princeton University, Research Program in Political Economy.
    3. Marco Bassetto, 2008. "Public investment and budget rules for state vs. local governments," Working Paper Series WP-08-21, Federal Reserve Bank of Chicago.
    4. Campbell Leith & Simon Wren-Lewis, 2008. "Electoral uncertainty and the deficit bias in a New Keynesian Economy," Working Papers 2009_11, Business School - Economics, University of Glasgow, revised Feb 2009.
    5. Jinhui H. Bai & Ruediger Bachmann, 2010. "Government Purchases Over the Business Cycle: the Role of Heterogeneity and Wealth Bias in Political Decision Making," 2010 Meeting Papers 621, Society for Economic Dynamics.
    6. Uchida, Yuki & Ono, Tetsuo, 2021. "Political economy of taxation, debt ceilings, and growth," European Journal of Political Economy, Elsevier, vol. 68(C).
    7. Creedy, John & Moslehi, Solmaz, 2009. "Modelling the composition of government expenditure in democracies," European Journal of Political Economy, Elsevier, vol. 25(1), pages 42-55, March.
    8. Daniel Diermeier & Pohan Fong, 2011. "Bargaining over the budget," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 36(3), pages 565-589, April.
    9. Zilibotti, Fabrizio & Storesletten, Kjetil & Song, Zheng Michael, 2007. "Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt," CEPR Discussion Papers 6359, C.E.P.R. Discussion Papers.
    10. Tetsuo Ono, 2013. "Public Education and Social Security: A Political Economy Approach," Discussion Papers in Economics and Business 13-06, Osaka University, Graduate School of Economics.
    11. Francesco Lancia & Alessia Russo, 2013. "A Dynamic Politico-Economic Model of Intergenerational contracts," Vienna Economics Papers vie1304, University of Vienna, Department of Economics.
    12. Marco Battaglini & Stephen Coate, 2008. "Fiscal Policy over the Real Business Cycle: A Positive Theory," NBER Working Papers 14047, National Bureau of Economic Research, Inc.
    13. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    14. Ryo Arawatari & Tetsuo Ono, 2015. "A Political Economy Model of Earnings Mobility and Redistribution Policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(3), pages 346-382, June.
    15. Roger Lagunoff, 2004. "The Dynamic Reform of Political Institutions," Working Papers gueconwpa~04-04-07, Georgetown University, Department of Economics.
    16. Uchida, Yuki & Ono, Tetsuo, 2023. "Generational Distribution of Fiscal Burdens: A Positive Analysis," MPRA Paper 113607, University Library of Munich, Germany.
    17. Ryo Arawatari & Tetsuo Ono, 2011. "A Political Economy Theory of Government Debt and Social Security," Discussion Papers in Economics and Business 11-33, Osaka University, Graduate School of Economics.
    18. 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.
    19. Zheng Song, 2011. "The Dynamics of Inequality and Social Security in General Equilibrium," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(4), pages 613-635, October.
    20. Gomez-Ruano, Gerardo, 2011. "Technological Change and Immigration Policy," MPRA Paper 63705, University Library of Munich, Germany.
    21. Acemoglu, Daron & Golosov, Mikhail & Tsyvinski, Aleh, 2011. "Political economy of Ramsey taxation," Journal of Public Economics, Elsevier, vol. 95(7), pages 467-475.
    22. Audrey Desbonnet & Sumudu Kankanamge, 2008. "Public debt and aggregate risk," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00175877, HAL.
    23. Tito Boeri & Herbert Brücker, 2005. "Migration, Co-ordination Failures and EU Enlargement: Paper Presented at the 41st Economic Policy Panel in Luxembourg, 15/16 April 2005," Discussion Papers of DIW Berlin 481, DIW Berlin, German Institute for Economic Research.
    24. Ryo Arawatari & Tetsuo Ono, 2008. "Aging, Inequality and Social Security," Discussion Papers in Economics and Business 08-19, Osaka University, Graduate School of Economics.
    25. Tetsuo Ono, 2014. "Economic Growth and the Politics of Intergenerational Redistribution," Discussion Papers in Economics and Business 14-17-Rev., Osaka University, Graduate School of Economics, revised Sep 2015.
    26. Arawatari, Ryo & Ono, Tetsuo, 2009. "A second chance at success: A political economy perspective," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1249-1277, May.
    27. Roger Lagunoff, 2007. "Markov Equilibrium in Models of Dynamic Endogenous Political Institutions," Levine's Bibliography 122247000000000876, UCLA Department of Economics.
    28. Tetsuo Ono & Yuki Uchida, 2014. "Pensions, Education, and Growth: A Positive Analysis," Discussion Papers in Economics and Business 14-37-Rev., Osaka University, Graduate School of Economics, revised Aug 2015.
    29. Real Arai & Katsuyuki Naito & Tetsuo Ono, 2018. "Intergenerational policies, public debt, and economic growth: a politico-economic analysis," Discussion Papers in Economics and Business 18-12, Osaka University, Graduate School of Economics.
    30. Becker, Daniel Thomas, 2008. "Dynamic tax competition and public-sector modernisation," Thuenen-Series of Applied Economic Theory 56, University of Rostock, Institute of Economics.
    31. Rüdiger Bachmann & Jinhui H. Bai, 2013. "Public consumption over the business cycle," Quantitative Economics, Econometric Society, vol. 4(3), pages 417-451, November.
    32. Roger Lagunoff, 2005. "Dynamic Stability and Reform of Political Institutions," Game Theory and Information 0505006, University Library of Munich, Germany.
    33. Tetsuo Ono, 2014. "Intergenerational Politics, Government Debt and Economic Growth," Discussion Papers in Economics and Business 14-23, Osaka University, Graduate School of Economics.
    34. Jinhui H. Bai & Roger Lagunoff, 2011. "On the Faustian Dynamics of Policy and Political Power," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 78(1), pages 17-48.
    35. Tetsuo Ono, 2014. "Growth, Unemployment, and Fiscal Policy: A Political Economy Analysis," Discussion Papers in Economics and Business 14-30, Osaka University, Graduate School of Economics.
    36. Alexander Wolitzky & Florian Scheuer, 2014. "Capital Taxation under Political Constraints," 2014 Meeting Papers 191, Society for Economic Dynamics.
    37. Cuadra Gabriel & Sapriza Horacio, 2006. "Sovereign Default, Interest Rates and Political Uncertainty in Emerging Markets," Working Papers 2006-02, Banco de México.
    38. John Creedy & Solmaz Moslehi, 2014. "The composition of government expenditure with alternative choicemechanisms," New Zealand Economic Papers, Taylor & Francis Journals, vol. 48(1), pages 53-71, April.
    39. Tito Boeri, 2010. "Immigration to the Land of Redistribution," LEQS – LSE 'Europe in Question' Discussion Paper Series 05, European Institute, LSE.
    40. Dolmas, Jim, 2014. "Almost orthogonal outcomes under probabilistic voting: A cautionary example," MPRA Paper 53628, University Library of Munich, Germany.
    41. Zilibotti, Fabrizio & Hassler, John & Storesletten, Kjetil & Rodríguez Mora, José V, 2001. "The Survival of the Welfare State," CEPR Discussion Papers 2905, C.E.P.R. Discussion Papers.
    42. Fabrizio Zilibotti, 2005. "The Research Agenda: Fabrizio Zilibotti on the Equilibrium Dynamics of Policies and Institutions," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 7(1), November.
    43. Boeri, Tito & Brücker, Herbert, 2005. "Migration, Co-ordination Failures and EU Enlargement," IZA Discussion Papers 1600, Institute of Labor Economics (IZA).
    44. Uchida, Yuki & Ono, Tetsuo, 2022. "Politics of Public Education and Pension Reform with Endogenous Fertility," MPRA Paper 114543, University Library of Munich, Germany.
    45. John Creedy & Shuyun May Li & Solmaz Moslehi, 2008. "The Composition of Government Expenditure in an Overlapping Generations Model," Department of Economics - Working Papers Series 1043, The University of Melbourne.
    46. Zilibotti, Fabrizio & Hassler, John & Storesletten, Kjetil, 2003. "Democratic Public Good Provision," CEPR Discussion Papers 4044, C.E.P.R. Discussion Papers.
    47. John Creedy & Shuyun May Li & Solmaz Moslehi, 2011. "The Composition Of Government Expenditure: Economic Conditions And Preferences," Economic Inquiry, Western Economic Association International, vol. 49(1), pages 94-107, January.
    48. Lind, Jo Thori, 2005. "Does permanent income determine the vote?," Memorandum 23/2004, Oslo University, Department of Economics.
    49. Francesc Ortega, 2005. "Immigration and the Survival of the Welfare State," 2005 Meeting Papers 71, Society for Economic Dynamics.
    50. Zheng Song, 2009. "Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt," 2009 Meeting Papers 94, Society for Economic Dynamics.
    51. Daron Acemoglu & Mikhail Golosov & Aleh Tsyvinski, 2007. "Political Economy of Mechanisms," Levine's Bibliography 321307000000000886, UCLA Department of Economics.
    52. Sleet, Christopher & Yeltekin, Sevin, 2008. "Politically credible social insurance," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 129-151, January.
    53. Hassler, John & Krusell, Per & Storesletten, Kjetil & Zilibotti, Fabrizio, 2008. "On the optimal timing of capital taxes," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 692-709, May.
    54. Ruediger Bachmann & Jinhui Bai, 2012. "Online Appendix to "Politico-Economic Inequality and the Comovement of Government Purchases"," Online Appendices 11-243, Review of Economic Dynamics.
    55. Christopher Crowe, 2004. "Inflation, Inequality and Social Conflict," CEP Discussion Papers dp0657, Centre for Economic Performance, LSE.
    56. Ryo Arawatari & Tetsuo Ono, 2007. "Markov Perfect Political Equilibria with Public Policy: The Role of Education Cost," Discussion Papers in Economics and Business 07-31, Osaka University, Graduate School of Economics.
    57. Andrei S. Akhremenko & Alexander P. Petrov & Egor A. Yureskul, 2015. "Cyclically Balanced Growth Paths in a Model of Economic Growth with Endogenous Policy Switching," HSE Working papers WP BRP 109/EC/2015, National Research University Higher School of Economics.
    58. Arnaud Goussebaïle, 2024. "Democratic Climate Policies with Overlapping Generations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(5), pages 1249-1273, May.
    59. Arcalean, Calin, 2018. "Dynamic fiscal competition: A political economy theory," Journal of Public Economics, Elsevier, vol. 164(C), pages 211-224.
    60. George Economides & Apostolis Philippopoulos & Petros Varthalitis, 2015. "Incentives to Work and Performance in the Public Sector," CESifo Working Paper Series 5193, CESifo.
    61. Pohan Fong & Daniel Diermeier, 2007. "Policy Persistence in Multi-party Parliamentary Democracies," 2007 Meeting Papers 248, Society for Economic Dynamics.

  23. Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2005. "Two Views of Inequality Over the Life Cycle," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 765-775, 04/05.
    See citations under working paper version above.
  24. John Hassler & José V. Rodríguez Mora & Kjetil Storesletten & Fabrizio Zilibotti, 2005. "A Positive Theory Of Geographic Mobility And Social Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(1), pages 263-303, February.
    See citations under working paper version above.
  25. Kjetil Storesletten & Chris I. Telmer & Amir Yaron, 2004. "Cyclical Dynamics in Idiosyncratic Labor Market Risk," Journal of Political Economy, University of Chicago Press, vol. 112(3), pages 695-717, June.

    Cited by:

    1. Francisco Covas, 2005. "Uninsured Idiosyncratic Production Risk With Borrowing Constraints," Computing in Economics and Finance 2005 198, Society for Computational Economics.
    2. Hanno Lustig, 2001. "The Market Price of Aggregate Risk and the Wealth Distribution," Finance 0111004, University Library of Munich, Germany, revised 16 Nov 2001.
    3. Jung, Philip & Kuhn, Moritz, 2012. "Earnings Losses and Labor Mobility over the Lifecycle," IZA Discussion Papers 6835, Institute of Labor Economics (IZA).
    4. Raquel Fernández & Joyce Cheng Wong, 2014. "Free to Leave? A Welfare Analysis of Divorce Regimes," NBER Working Papers 20251, National Bureau of Economic Research, Inc.
    5. Sushant Acharya & Edouard Challe & Keshav Dogra, 2021. "Optimal Monetary Policy According to HANK," Staff Working Papers 21-55, Bank of Canada.
    6. Juan-Carlos Cordoba, 2004. "Debt-Constraints or Incomplete Markets? A Decomposition of the Wealth and Consumption Inequality in the U.S," Macroeconomics 0404004, University Library of Munich, Germany.
    7. Fatih Guvenen & Greg Kaplan & Jae Song & Justin Weidner, 2017. "Lifetime Incomes in the United States over Six Decades," NBER Working Papers 23371, National Bureau of Economic Research, Inc.
    8. Edouard Challe & Xavier Ragot, 2016. "Precautionary Saving Over the Business Cycle," PSE-Ecole d'économie de Paris (Postprint) halshs-01313771, HAL.
    9. Jonas D. M. Fisher & Martin Gervais, 2011. "Why Has Home Ownership Fallen Among The Young?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(3), pages 883-912, August.
    10. Robert J. Shiller, 2005. "The Life-Cycle Personal Accounts Proposal for Social Security: An Evaluation," Cowles Foundation Discussion Papers 1504, Cowles Foundation for Research in Economics, Yale University.
    11. Matteo Iacoviello, 2008. "Household Debt and Income Inequality, 1963-2003," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 929-965, August.
    12. Bayer, Christian, 2016. "Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk," VfS Annual Conference 2016 (Augsburg): Demographic Change 145961, Verein für Socialpolitik / German Economic Association.
    13. Noah Williams, 2007. "Persistent Private Information," 2007 Meeting Papers 158, Society for Economic Dynamics.
    14. Luetticke, Ralph, 2018. "Transmission of monetary policy with heterogeneity in household portfolios," LSE Research Online Documents on Economics 90377, London School of Economics and Political Science, LSE Library.
    15. Pierre Mabille, 2019. "Aggregate Precautionary Savings Motives," 2019 Meeting Papers 344, Society for Economic Dynamics.
    16. 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.
    17. Konstantinos Angelopoulos & Spyridon Lazarakis & Jim Malley, 2017. "Asymmetries in Earnings, Employment and Wage Risk in Great Britain," CESifo Working Paper Series 6400, CESifo.
    18. Tom Krebs & Pravin Krishna & William Maloney, 2010. "Trade Policy, Income Risk, and Welfare," The Review of Economics and Statistics, MIT Press, vol. 92(3), pages 467-481, August.
    19. Christian Bayer & Falko Juessen, 2012. "On the Dynamics of Interstate Migration: Migration Costs and Self-Selection," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(3), pages 377-401, July.
    20. Kjetil Storesletten & Chris Telmer & Amir Yaron, 2007. "Asset Pricing with Idiosyncratic Risk and Overlapping Generations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(4), pages 519-548, October.
    21. Mark Huggett & Greg Kaplan, 2012. "The Money Value of a Man," PIER Working Paper Archive 12-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    22. Michał Brzoza-Brzezina & Marcin Kolasa & Grzegorz Koloch & Krzysztof Makarski & Michał Rubaszek, 2013. "Monetary Policy In A Non-Representative Agent Economy: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 27(4), pages 641-669, September.
    23. Piero Gottardi & Atsushi Kajii & Tomoyuki Nakajima, 2014. "Optimal taxation and debt with uninsurable risks to human capital accumulation," CIGS Working Paper Series 14-007E, The Canon Institute for Global Studies.
    24. Alan, S. & Crossley, T. & Low, H., 2012. "Saving on a Rainy Day, Borrowing for a Rainy Day," Cambridge Working Papers in Economics 1222, Faculty of Economics, University of Cambridge.
    25. Cochrane, John H., 2005. "Financial Markets and the Real Economy," Foundations and Trends(R) in Finance, now publishers, vol. 1(1), pages 1-101, July.
    26. L. Eeckhoudt & H. Schlesinger, 2008. "Changes in risk and the demand for saving," Post-Print hal-00326101, HAL.
    27. Enrique G. Mendoza & Vincenzo Quadrini & Jose-Victor Rios-Rull, 2007. "Financial Integration, Financial Deepness and Global Imbalances," NBER Working Papers 12909, National Bureau of Economic Research, Inc.
    28. Jonas D. M. Fisher & Martin Gervais, 2007. "First-time home buyers and residential investment volatility," Working Paper Series WP-07-15, Federal Reserve Bank of Chicago.
    29. Byoungchan Lee, 2020. "Business Cycles and Earnings Inequality," HKUST CEP Working Papers Series 202001, HKUST Center for Economic Policy.
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  26. 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.
    See citations under working paper version above.
  27. John Hassler & José V. Rodríguez Mora & Kjetil Storesletten & Fabrizio Zilibotti, 2003. "The Survival of the Welfare State," American Economic Review, American Economic Association, vol. 93(1), pages 87-112, March.
    See citations under working paper version above.
  28. Kjetil Storesletten, 2003. "The Research Agenda: Kjetil Storesletten on Inequality in Macroeconomics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 5(1), November.

    Cited by:

    1. Amir Yaron, 2007. "The Research Agenda: Amir Yaron on Lifetime Inequality and Long Run Risks and Asset Pricing," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 9(1), November.

  29. John Hassler & Kjetil Storesletten & Fabrizio Zilibotti, 2003. "Dynamic Political Choice In Macroeconomics," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 543-552, 04/05.

    Cited by:

    1. Rehme, Günther, 2014. "Endogenous (re-)distributive policies and economic growth: A comparative static analysis," Economic Modelling, Elsevier, vol. 40(C), pages 355-366.
    2. Mathias Trabandt, 2007. "Optimal Pre-Announced Tax Reform Revisited," Economics Working Papers ECO2007/52, European University Institute.
    3. Fernando Tohmé & M. Ángeles Caraballo & Carlos Dabús, 2022. "Instability, political regimes and economic growth. A theoretical framework," Metroeconomica, Wiley Blackwell, vol. 73(1), pages 291-317, February.
    4. Mateos-Planas, Xavier, 2008. "A quantitative theory of social security without commitment," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 652-671, April.

  30. Kjetil Storesletten, 2003. "Fiscal Implications of Immigration—A Net Present Value Calculation," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(3), pages 487-506, September.
    See citations under working paper version above.
  31. Kjetil Storesletten & Chris I. Telmer & Amir Yaron, 2001. "How Important Are Idiosyncratic Shocks? Evidence from Labor Supply," American Economic Review, American Economic Association, vol. 91(2), pages 413-417, May.

    Cited by:

    1. Greg Kaplan, 2007. "Inequality and the Lifecycle," 2007 Meeting Papers 262, Society for Economic Dynamics.
    2. Dixon, Huw D. & Grimme, Christian, 2022. "State-dependent or time-dependent pricing? New evidence from a monthly firm-level survey: 1980–2017," European Economic Review, Elsevier, vol. 150(C).
    3. Alejandro Badel & Mark Huggett, 2010. "Interpreting life-cycle inequality patterns as an efficient allocation: mission impossible?," Working Papers 2010-046, Federal Reserve Bank of St. Louis.
    4. Felicia Ionescu, 2011. "Risky Human Capital and Alternative Bankruptcy Regimes for Student Loans," Journal of Human Capital, University of Chicago Press, vol. 5(2), pages 153-206.
    5. Narayana Kocherlakota & Luigi Pistaferri, 2009. "Asset Pricing Implications of Pareto Optimality with Private Information," Journal of Political Economy, University of Chicago Press, vol. 117(3), pages 555-590, June.
    6. Laurence Ales & Pricila Maziero, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis.
    7. Mankart, Jochen & Rodano, Giacomo, 2015. "Personal bankruptcy law, debt portfolios, and entrepreneurship," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 157-172.
    8. Andrés Erosa & Luisa Fuster & Gueorgui Kambourov, 2016. "Towards a Micro-Founded Theory of Aggregate Labour Supply," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 1001-1039.
    9. Clemens, Christiane & Heinemann, Maik, 2010. "On entrepreneurial risk-taking and the macroeconomic effects of financial constraints," Journal of Economic Dynamics and Control, Elsevier, vol. 34(9), pages 1610-1626, September.
    10. Naohito Abe & Noriko Inakura & Tomoaki Yamada, 2007. "Consumption, Working Hours, and Wealth Determination in a Life Cycle Model," Bank of Japan Working Paper Series 07-E-14, Bank of Japan.
    11. Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2018. "Inequality, Business Cycles, and Monetary-Fiscal Policy," NBER Working Papers 24710, National Bureau of Economic Research, Inc.
    12. Andrew Rendall & Michelle Rendall, 2014. "Math matters: education choices and wage inequality," ECON - Working Papers 160, Department of Economics - University of Zurich.
    13. Agell, Jonas, 2001. "On the Determinants of Labour Market Institutions: Rent Seeking vs. Social Insurance," Research Papers in Economics 2001:12, Stockholm University, Department of Economics.
    14. Nicole Simpson & Felicia Ionescu, 2010. "Credit Scores and College Investment," 2010 Meeting Papers 666, Society for Economic Dynamics.
    15. Ionescu, Felicia & Simpson, Nicole, 2016. "Default risk and private student loans: Implications for higher education policies," Journal of Economic Dynamics and Control, Elsevier, vol. 64(C), pages 119-147.
    16. Narayana R. Kocherlakota, 2005. "Zero Expected Wealth Taxes: A Mirrlees Approach to Dynamic Optimal Taxation," Econometrica, Econometric Society, vol. 73(5), pages 1587-1621, September.
    17. Abe, Naohito & Yamada, Tomoaki, 2009. "Nonlinear income variance profiles and consumption inequality over the life cycle," Journal of the Japanese and International Economies, Elsevier, vol. 23(3), pages 344-366, September.
    18. Joseph Altonji, 2012. "Modeling Earnings Dynamics," 2012 Meeting Papers 1180, Society for Economic Dynamics.
    19. Khandker, Shahidur R. & Koolwal, Gayatri B. & Haughtonm Jonathan & Jitsuchon, Somchai, 2012. "Household coping and response to government stimulus in an economic crisis : evidence from Thailand," Policy Research Working Paper Series 6016, The World Bank.
    20. Kjetil Storesletten, 2003. "The Research Agenda: Kjetil Storesletten on Inequality in Macroeconomics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 5(1), November.
    21. 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.
    22. Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2004. "The Cross-Sectional Implications of Rising Wage Inequality in the United States," CEPR Discussion Papers 4296, C.E.P.R. Discussion Papers.
    23. Christiane Clemens & Maik Heinemann, 2010. "The Effects of International Financial Integration in a Model with Heterogeneous Firms and Credit Frictions," DEGIT Conference Papers c015_046, DEGIT, Dynamics, Economic Growth, and International Trade.
    24. Thomas Sargent & Mikhail Golosov & David Evans & anmol bhandari, 2017. "Optimal Fiscal-Monetary Policy with Redistribution," 2017 Meeting Papers 1245, Society for Economic Dynamics.
    25. Fatih Guvenen, 2005. "Learning Your Earning: Are Labor Income Shocks Really Very Persistent?," Macroeconomics 0507004, University Library of Munich, Germany.
    26. Ionescu, Felicia, 2009. "Risky College Investment under Alternative Bankruptcy Regimes for Student Loans," Working Papers 2009-01, Department of Economics, Colgate University.
    27. Ivan Vidangos, 2009. "Fluctuations in individual labor income: a panel VAR analysis," Finance and Economics Discussion Series 2009-09, Board of Governors of the Federal Reserve System (U.S.).
    28. Yang, Guanyi, 2018. "Endogenous Skills and Labor Income Inequality," MPRA Paper 89638, University Library of Munich, Germany.
    29. Narayana Kocherlakota & Luigi Pistaferri, 2008. "Household Heterogeneity and Asset Trade: Resolving the Equity Premium Puzzle in Three Countries," Levine's Bibliography 122247000000001886, UCLA Department of Economics.
    30. Monteiro, Paulo Santos, "undated". "Testing Full Consumption Insurance in the Frequency Domain," Economic Research Papers 269910, University of Warwick - Department of Economics.
    31. Gang Sun, 2015. "Complete Markets Strikes Back: Is the Reduced-form Measure of Consumption Insurance Reliable?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 921-930, October.
    32. Lander, David, 2024. "Estimating life-cycle income processes including means-tested transfers," Economics Letters, Elsevier, vol. 242(C).
    33. Danzer, Alexander M., 2011. "Labor Supply and Consumption Smoothing When Income Shocks Are Non-Insurable," IZA Discussion Papers 5499, Institute of Labor Economics (IZA).
    34. Sun, Gang, 2013. "Complete Markets Strikes Back: Revisiting Risk Sharing Tests under Discount Rate Heterogeneity," SIRE Discussion Papers 2013-96, Scottish Institute for Research in Economics (SIRE).
    35. Francesc Obiols-Homs, 2001. "Incomplete unemployment insurance and aggregate fluctuations," Computing in Economics and Finance 2001 192, Society for Computational Economics.
    36. Gian Domenico Sarolli, 2016. "Pump up the Volume: Income Risk and Counter-cyclical Asset Trading," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 42(4), pages 594-610, September.

  32. Storesletten, Kjetil & Telmer, Chris I. & Yaron, Amir, 2001. "The welfare cost of business cycles revisited: Finite lives and cyclical variation in idiosyncratic risk," European Economic Review, Elsevier, vol. 45(7), pages 1311-1339.
    See citations under working paper version above.
  33. Kjetil Storesletten, 2000. "Sustaining Fiscal Policy through Immigration," Journal of Political Economy, University of Chicago Press, vol. 108(2), pages 300-323, April.
    See citations under working paper version above.
  34. Storesletten, Kjetil & Telmer, Chris I. & Yaron, Amir, 1999. "The risk-sharing implications of alternative social security arrangements," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 50(1), pages 213-259, June.
    See citations under working paper version above.
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