The marginal propensity to consume in heterogeneous agent models
Year of publication: |
2022
|
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Authors: | Kaplan, Greg ; Violante, Giovanni L. |
Published in: |
Annual review of economics. - Palo Alto, Calif. : Annual Reviews, ISSN 1941-1391, ZDB-ID 2516757-1. - Vol. 14.2022, p. 747-775
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Subject: | borrowing constraints | consumption | hand-to-mouth | heterogeneity | income risk | liquidity | marginal propensity to consume | market incompleteness | precautionary saving | wealth distribution | Einkommenshypothese | Income hypothesis | Sparen | Savings | Konsumentenverhalten | Consumer behaviour | Privater Konsum | Private consumption | Konsumtheorie | Consumption theory | Agentenbasierte Modellierung | Agent-based modeling | Vorsichtssparen | Precautionary saving | Vermögensverteilung | Wealth distribution |
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