๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Thrift, Economic Life of Capital, and Productivity in a Model with Heterogeneous Capital

โœ Scribed by Mario Amendola


Book ID
124315991
Publisher
Oxford University Press
Year
1972
Tongue
English
Weight
959 KB
Volume
24
Category
Article
ISSN
0030-7653

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โœ Lilia Maliar; Serguei Maliar ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 214 KB

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