The wealth distribution in Bewley economies with capital income risk

Benhabib Jess; Bisin Alberto; Zhu Shenghao

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The wealth distribution in Bewley economies with capital income risk

机译：具有资本收益风险的Bewley经济体的财富分配

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We study the wealth distribution in Bewley economies with idiosyncratic capital income risk. We show analytically that under rather general conditions on the stochastic structure of the economy, a unique ergodic distribution of wealth displays a fat tail. (C) 2015 Elsevier Inc. All rights reserved.

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来源
《Journal of economic theory》 |2015年第sepaptaa期|489-515|共27页
作者
Benhabib Jess; Bisin Alberto; Zhu Shenghao;
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作者单位

NYU, New York, NY 10003 USA.;

NBER, Cambridge, MA 02138 USA.;

Natl Univ Singapore, Singapore 117548, Singapore.;

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正文语种 eng
中图分类
关键词
Wealth distribution; Bewley economies; Pareto distribution; Fat tails; Capital income risk;

机译：财富分配;Bewley经济;帕累托分配;肥尾;资本收入风险;

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3. Capital flows, real exchange rate appreciation, and income distribution in an open economy post Keynesian model of distribution and growth [J] . Bolukoglu Anil JPKE: Journal of Post Keynesian Economics . 2020,第4期

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4. Income and Wealth Distributions in Money Exchange Models [C] . Xu Yan, Guo Liangpeng, Wang Yougui Proceedings of the International Conference on E-Business and E-Government . 2010

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5. Three essays on the distribution of wealth and capital incomes. [D] . Kumar, Rishabh. 2017

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6. The Broader Economic Value of School Feeding Programs in Low- and Middle-Income Countries: Estimating the Multi-Sectoral Returns to Public Health Human Capital Social Protection and the Local Economy [O] . Stéphane Verguet, Paulina Limasalle, Averi Chakrabarti, 2020

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The wealth distribution in Bewley economies with capital income risk

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