Inequality and the life cycle
نویسندگان
چکیده
منابع مشابه
Inequality and the life cycle
I structurally estimate an incomplete markets life-cycle model with endogenous labor supply using data on the joint distribution of wages, hours, and consumption. The model is successful at matching the evolution of both the first and second moments of the data over the life cycle. The key challenge for the model is to generate declining inequality in annual hours worked over the first half of ...
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ژورنال
عنوان ژورنال: Quantitative Economics
سال: 2012
ISSN: 1759-7323
DOI: 10.3982/qe200