메뉴 건너뛰기




Volumn 40, Issue 5, 2008, Pages 929-965

Household debt and income inequality, 1963-2003

Author keywords

Credit constraints; Household debt; Income inequality; Incomplete markets

Indexed keywords


EID: 47749134136     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1538-4616.2008.00142.x     Document Type: Article
Times cited : (163)

References (35)
  • 1
    • 21844504524 scopus 로고
    • Uninsured Idiosyncratic Risk and Aggregate Saving
    • Aiyagari, S. Rao 1994 Uninsured Idiosyncratic Risk and Aggregate Saving Quarterly Journal of Economics, 109, 659 84.
    • (1994) Quarterly Journal of Economics , vol.109 , pp. 659-84
    • Aiyagari, S.R.1
  • 2
    • 1342300176 scopus 로고    scopus 로고
    • Recent Changes in U.S. Family Finances: Evidence from the 1998 and 2001 Survey of Consumer Finances
    • and
    • Aizcorbe, Ana M., Arthur B. Kennickell, and Kevin B. Moore 2003 Recent Changes in U.S. Family Finances: Evidence from the 1998 and 2001 Survey of Consumer Finances Federal Reserve Bulletin, 89, 1 32.
    • (2003) Federal Reserve Bulletin , vol.89 , pp. 1-32
    • Aizcorbe, A.M.1    Kennickell, A.B.2    Moore, K.B.3
  • 4
    • 0036693732 scopus 로고    scopus 로고
    • Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence
    • and
    • Brav, Alon, George M. Constantinides, and Christopher C. Geczy 2002 Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence Journal of Political Economy, 110, 793 824.
    • (2002) Journal of Political Economy , vol.110 , pp. 793-824
    • Brav, A.1    Constantinides, G.M.2    Geczy, C.C.3
  • 7
    • 0001274822 scopus 로고
    • Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence
    • and. In. edited by. Olivier J. Blanchard. and. Stanley Fisher, pp. Cambridge, MA: MIT Press.
    • Campbell, John Y., and Gregory N. Mankiw 1989 Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence In NBER Macroeconomics Annual 1989, edited by Olivier J. Blanchard and Stanley Fisher, pp. 185 216. Cambridge, MA : MIT Press.
    • (1989) NBER Macroeconomics Annual 1989 , pp. 185-216
    • Campbell, J.Y.1    Mankiw, G.N.2
  • 10
    • 0031352533 scopus 로고    scopus 로고
    • Solving Dynamic Models with Aggregate Shocks and Heterogeneous Agents
    • Den Haan, Wouter J. (1997 Solving Dynamic Models with Aggregate Shocks and Heterogeneous Agents Macroeconomic Dynamics, 1, 355 86.
    • (1997) Macroeconomic Dynamics , vol.1 , pp. 355-86
    • Den Haan, W.J.1
  • 14
    • 4243088649 scopus 로고    scopus 로고
    • Evaluating the Effect of Incomplete Markets on Risk Sharing and Asset Pricing
    • and
    • Heaton, Jonathan, and Deborah Lucas 1996 Evaluating the Effect of Incomplete Markets on Risk Sharing and Asset Pricing Journal of Political Economy, 104, 443 87.
    • (1996) Journal of Political Economy , vol.104 , pp. 443-87
    • Heaton, J.1    Lucas, D.2
  • 15
    • 0001140573 scopus 로고
    • The Risk Free Rate in Heterogeneous-Agents, Incomplete Insurance Economies
    • Huggett, Mark 1993 The Risk Free Rate in Heterogeneous-Agents, Incomplete Insurance Economies Journal of Economic Dynamics and Control, 17, 953 70.
    • (1993) Journal of Economic Dynamics and Control , vol.17 , pp. 953-70
    • Huggett, M.1
  • 16
    • 30844433546 scopus 로고    scopus 로고
    • House Prices, Borrowing Constraints and Monetary Policy in the Business Cycle
    • Iacoviello, Matteo 2005 House Prices, Borrowing Constraints and Monetary Policy in the Business Cycle American Economic Review, 95, 739 64.
    • (2005) American Economic Review , vol.95 , pp. 739-64
    • Iacoviello, M.1
  • 17
    • 84963088912 scopus 로고
    • Who Is Credit Constrained in the U.S. Economy
    • Jappelli, Tullio 1990 Who Is Credit Constrained in the U.S. Economy Quarterly Journal of Economics, 105, 219 34.
    • (1990) Quarterly Journal of Economics , vol.105 , pp. 219-34
    • Jappelli, T.1
  • 18
    • 77956724779 scopus 로고    scopus 로고
    • Changes in Wages Structure and Earnings Inequality
    • and. In. edited by. Oscar Ashenfelter. and. David Card. Amsterdam: Elsevier.
    • Katz, Lawrence, and David Autor 1999 Changes in Wages Structure and Earnings Inequality In Handbook of Labor Economics, edited by Oscar Ashenfelter and David Card. Amsterdam : Elsevier.
    • (1999) Handbook of Labor Economics
    • Katz, L.1    Autor, D.2
  • 20
    • 0002273846 scopus 로고
    • Changes in Family Finances from 1983 to 1989: Evidence from the Survey of Consumer Finances
    • and
    • Kennickell, Arthur B., and Janice Shack-Marquez 1992 Changes in Family Finances from 1983 to 1989: Evidence from the Survey of Consumer Finances Board of Governors of the Federal Reserve System, January, 1 18.
    • (1992) Board of Governors of the Federal Reserve System , pp. 1-18
    • Kennickell, A.B.1    Shack-Marquez, J.2
  • 21
    • 33646702332 scopus 로고    scopus 로고
    • Does Income Inequality Lead to Consumption Inequality? Evidence and Theory
    • and
    • Krueger, Dirk, and Fabrizio Perri 2006 Does Income Inequality Lead to Consumption Inequality? Evidence and Theory Review of Economic Studies, 73, 163 94.
    • (2006) Review of Economic Studies , vol.73 , pp. 163-94
    • Krueger, D.1    Perri, F.2
  • 23
    • 0032451887 scopus 로고    scopus 로고
    • Income and Wealth Heterogeneity in the Macroeconomy
    • and
    • Krusell, Per, and Anthony A. Smith, Jr. 1998 Income and Wealth Heterogeneity in the Macroeconomy Journal of Political Economy, 106, 867 96.
    • (1998) Journal of Political Economy , vol.106 , pp. 867-96
    • Krusell, P.1    Smith Jr., A.A.2
  • 24
    • 84935643419 scopus 로고
    • Poverty and the Rate of Time Preference: Evidence from Panel Data
    • Lawrence, Emily 1991 Poverty and the Rate of Time Preference: Evidence from Panel Data Journal of Political Economy, 119, 54 77.
    • (1991) Journal of Political Economy , vol.119 , pp. 54-77
    • Lawrence, E.1
  • 25
    • 33747708821 scopus 로고    scopus 로고
    • Increasing Residual Wage Inequality: Composition Effects, Noisy Data, or Rising Demand for Skill
    • Lemieux, Thomas 2006 Increasing Residual Wage Inequality: Composition Effects, Noisy Data, or Rising Demand for Skill American Economic Review, 96, 461 98.
    • (2006) American Economic Review , vol.96 , pp. 461-98
    • Lemieux, T.1
  • 26
    • 0033422227 scopus 로고    scopus 로고
    • Consumption and Credit: A Model of Time-Varying Liquidity Constraints
    • Ludvigson Sydney 1999 Consumption and Credit: A Model of Time-Varying Liquidity Constraints The Review of Economics and Statistics, 81, 434 47.
    • (1999) The Review of Economics and Statistics , vol.81 , pp. 434-47
    • Ludvigson, S.1
  • 27
    • 0036228739 scopus 로고    scopus 로고
    • Trends in the Transitory Variance of Earnings in the United States
    • and
    • Moffitt, Robert A., and Peter Gottschalk 2002 Trends in the Transitory Variance of Earnings in the United States The Economic Journal, 112, C68 C73.
    • (2002) The Economic Journal , vol.112
    • Moffitt, R.A.1    Gottschalk, P.2
  • 29
    • 0037331911 scopus 로고    scopus 로고
    • Income Inequality in the United States, 1913-1998
    • and
    • Piketty, Thomas, and Emmanuel Saez 2003 Income Inequality in the United States, 1913-1998 Quarterly Journal of Economics, 1, 1 39.
    • (2003) Quarterly Journal of Economics , vol.1 , pp. 1-39
    • Piketty, T.1    Saez, E.2
  • 30
    • 0007092097 scopus 로고    scopus 로고
    • Computation of Equilibria in Heterogeneous-Agents Models
    • In. edited by. Ramon Marimon. and. Andrew Scott. New York: Oxford University Press.
    • Ríos-Rull, Victor 1999 Computation of Equilibria in Heterogeneous-Agents Models In Computational Methods for the Study of Dynamic Economies, edited by Ramon Marimon and Andrew Scott. New York : Oxford University Press.
    • (1999) Computational Methods for the Study of Dynamic Economies
    • Ríos-Rull, V.1
  • 31
    • 0031786891 scopus 로고    scopus 로고
    • Discount Rate Heterogeneity and Social Security Reform
    • Samwick, Andrew A. (1998 Discount Rate Heterogeneity and Social Security Reform Journal of Development Economics, 57, 117 46.
    • (1998) Journal of Development Economics , vol.57 , pp. 117-46
    • Samwick, A.A.1
  • 32
    • 0026956612 scopus 로고
    • Intergenerational Income Mobility in the United States
    • Solon, Gary 1992 Intergenerational Income Mobility in the United States American Economic Review, 82, 393 408.
    • (1992) American Economic Review , vol.82 , pp. 393-408
    • Solon, G.1
  • 34
    • 38249044049 scopus 로고
    • Finite State Markov-Chain Approximations to Univariate and Vector Autoregressions
    • Tauchen, George 1986 Finite State Markov-Chain Approximations to Univariate and Vector Autoregressions Economics Letters, 20, 177 81.
    • (1986) Economics Letters , vol.20 , pp. 177-81
    • Tauchen, G.1
  • 35
    • 0002596450 scopus 로고    scopus 로고
    • The Personal Discount Rate: Evidence from Military Downsizing Programs
    • and
    • Warner, John T., and Saul Pleeter 2001 The Personal Discount Rate: Evidence from Military Downsizing Programs American Economic Review, 91, 33 53.
    • (2001) American Economic Review , vol.91 , pp. 33-53
    • Warner, J.T.1    Pleeter, S.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.