Endogenous Growth, the Distribution of Wealth, and Optimal Policy under Incomplete Markets and Idiosyncratic Risk
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- Christiane Clemens & Maik Heinemann, 2012. "Endogenous Growth, the Distribution of Wealth, and Optimal Policy under Incomplete Markets and Idiosyncratic Risk," CESifo Working Paper Series 3832, CESifo Group Munich.
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More about this item
Keywords
endogenous growth; wealth distribution; idiosyncratic risk; borrowing constraints; heterogeneous agents; optimal policy;JEL classification:
- O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- D3 - Microeconomics - - Distribution
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D9 - Microeconomics - - Micro-Based Behavioral Economics
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
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