The distribution of wealth and the MPC: Implications of new European data

American Economic Review

Volumn 104, Issue 5, 2014, Pages 107-111

  Carroll, Christopher D ^a   Slacalek, Jiri ^b   Tokuoka, Kiichi ^c  

^a JOHNS HOPKINS UNIVERSITY   (United States)

^b EUROPEAN CENTRAL BANK   (Germany)

^c Ministry of Finance   (Japan)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84901456231     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.104.5.107     Document Type: Conference Paper

References (8)

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2. Carroll, Christopher D., Jiri Slacalek, and Kiichi Tokuoka. 2014. "The Distribution of Wealth and the Marginal Propensity to Costume.," Unpublished.
3. Den Haan, Wouter J., Kenneth L. Judd, and Michel Julliard. 2010. "Computational Suite of Models with Heterogeneous Agents: Incomplete Markets and Aggregate Uncertainty.," Journal of Economic Dynamics and Control 34 (1): 1-3.
4. Eurosystem Household Finance and Consumption Network. 2013. "The Eurosystem Household Finance and Consumption Survey: Results from the First Wave.," European Central Bank Statistics Paper Series 2.
5. Friedman, Milton. 1957. A Theory of the Consumption Function. Princeton, NJ: Princeton University Press.
6. Kaplan, Greg, and Giovanni L. Violante. 2011. "A Model of the Consumption Response to Fiscal Stimulus Payments.," National Bureau of Economic Research Working Paper 17338.
7. Krueger, Dirk, Fabrizio Perri, Luigi Pistaferri, and Giovanni L. Violante. 2010. "Cross-Sectional Facts for Macroeconomists.," Review of Economic Dynamics 13 (1): 1-14.
8. Krusell, Per, and Anthony A. Smith, Jr. 1998. "Income and Wealth Heterogeneity in the Macroeconomy.," Journal of Political Economy 106 (5): 867-96.