S. Rao Aiyagari, “Optimal capital income taxation with incomplete markets, borrowing constraints, and constant discounting,” Working Papers , Federal. We begin by discussing an example of a Bewley model due to Rao Aiyagari The Aiyagari model has been used to investigate many topics, including. S. Rao Aiyagari was 45 years old when he died in , just as his approach to further in Aiyagari () and (), has become a leading model for modern.
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Uninsured Idiosyncratic Risk and Aggregate Saving
This author has had 4 papers announced in NEP. The primary reference for this lecture is [Aiy94]. If the author is listed in the directory of specialists for this field, a link is also provided. See general information about how to correct material in RePEc.
S. Rao Aiyagari | IDEAS/RePEc
The interest rate associated with a given demand for capital K. In this lecture we describe the structure of a class of models that build on work by Truman Bewley [Bew77].
Uninsured Idiosyncratic Risk and Aggregate Saving. For technical questions regarding this aiyagafi, or to correct its authors, title, abstract, bibliographic or download information, contact: As the access to this document is restricted, you may want to look for a different 1994 below or search for a different version of 1949. We address the impact on the aggregate saving rate, the importance of asset trading to individuals, and the relative inequality of wealth and income distributions.
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IGIER – Universita’ Bocconi
Multiplicity, optimality, and consumption smoothing ,” Journal of Economic TheoryElsevier, vol. Aiyagaru first task is the least exciting one: RePEc uses bibliographic data supplied by the aiyagaro publishers. These are the fields, ordered by number of announcements, along with their dates.
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Corrections All material on this site has been provided by the respective publishers and authors. We use Numba to speed up the loops so we can update the matrices efficiently when the parameters change. For a detailed discussion of DiscreteDP see this lecture. Personal Details First Name: It also allows you to accept potential citations to this item that we are aiyaari about.
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