Inferring labor income risk and partial insurance from economic choices

DOI10.3982/ECTA9446MaRDI QIDQ4615900zbMATH OpenFDO

Authors Fatih Guvenen, Anthony A. jun. Smith

Publication date 29 January 2019

Published in Econometrica (Search for Journal in Brave)

zbMATH Keywords

persistencepartial insurancelabor income riskidiosyncratic shocksindirect inference estimationheterogeneous income profiles

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Consumer behavior, demand theory (91B42)

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Cited in

(15)

• Micro-Level Estimation of Optimal Consumption Choice With Intertemporal Nonseparability in Preferences and Measurement Errors
• Projections of pension benefits in supplementary pension saving scheme in Slovakia
• North and south: a regional model of the UK
• An analysis of non-insurance work incentives
• Erratum: An analysis of non-insurance work incentives
• Labor income profiles are not heterogeneous: evidence from income growth rates
• Measuring how risk tradeoffs adjust with income
• Identifying heterogeneous income profiles using covariances of income levels and future growth rates
• Explicit versus implicit income insurance
• Rational inattention and the dynamics of consumption and wealth in general equilibrium
• Asymptotic linearity of consumption functions and computational efficiency
• Measuring high-frequency income risk from low-frequency data
• Individual Income, Incomplete Information, and Aggregate Consumption
• The income fluctuation problem and the evolution of wealth
• Portfolio choices, firm shocks and uninsurable wage risk

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