The distribution of wealth and the marginal propensity to consume

DOI10.3982/QE694MaRDI QIDQ4586384zbMATH OpenOpenAlexFDO

Authors Christopher D. Carroll, Jiri Slacalek, Kiichi Tokuoka, Matthew N. White

Publication date 13 September 2018

Published in Quantitative Economics (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial 4.0 International

Full work available at URL https://doi.org/10.3982/qe694

zbMATH Keywords

heterogeneityinequalitymarginal propensity to consumewealth distribution

Mathematics Subject Classification ID

Welfare economics (91B15)

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Cited in

(28)

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• A theory of the saving rate of the rich
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• An impossibility theorem for wealth in heterogeneous-agent models with limited heterogeneity
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• Employment prospects and the propagation of fiscal stimulus
• Consumption, personal income, financial wealth, housing wealth, and long-term interest rates: a panel cointegration approach for 50 US states
• Distribution of Income and the "Law of Demand"
• Wealth and volatility
• Pareto extrapolation: An analytical framework for studying tail inequality
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• Redistributive fiscal policy and marginal propensities to consume
• Challenges and opportunities for twenty first century Bayesian econometricians: a personal view
• Differences in euro-area household finances and their relevance for monetary-policy transmission
• Hazed and confused: the effect of air pollution on dementia
• IQ, expectations, and choice
• Unemployment insurance in macroeconomic stabilization
• A welfare analysis of occupational licensing in U.S. states
• A more credible approach to parallel trends
• Testing the production approach to markup estimation
• Uncertainty in discount rate and aggregation of time preferences
• The lifetime costs of bad health
• The heterogeneous effects of government spending: it's all about taxes
• Income disaster model with optimal consumption
• Heterogeneity and macroeconomic state dependence in the spending response to stimulus
• The wealth distribution in Bewley economies with capital income risk

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