๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Capital Mobility in Open OLG Models of Neoclassical Growth

โœ Scribed by Emily T. Cremers


Book ID
108533748
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
118 KB
Volume
5
Category
Article
ISSN
1363-6669

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Does a heterogeneous agents version of a neoclassical model with labor}leisure choice replicate the distributions of consumption and working hours observed in the crosssectional data? Does incorporating heterogeneity enhance the aggregate performance of the representative agent model? We address the