Search Results - subject:"capital income risk"

Left and right : a tale of two tails of the wealth distribution

D'Amato, Marcello; Di Pietro, Christian; Sorge, Marco M. - In: Economic theory 78 (2024) 4, pp. 1389-1433

Persistent link: https://www.econbiz.de/10015185162

To bequeath, or not to bequeath? : on labour income risk and top wealth concentration

Sorge, Marco M. - In: The B.E. journal of theoretical economics 24 (2024) 2, pp. 759-779

Persistent link: https://www.econbiz.de/10015433207

Optimal government debt policy in the overlapping generations model with idiosyncratic capital return risk

Hiraguchi, Ryōji - 2023

Persistent link: https://www.econbiz.de/10014429126

Left and right : a tale of two tails of the wealth distribution

D'Amato, Marcello; Di Pietro, Christian; Sorge, Marco M. - 2023

Persistent link: https://www.econbiz.de/10014507930

Capital income risk and the dynamics of the wealth distribution

Khieu, Hoang; Wälde, Klaus - In: Economic modelling 122 (2023), pp. 1-10

Persistent link: https://www.econbiz.de/10014388702

Capital Income Risk and the Dynamics of the Wealth Distribution

Khieu, Hoang; Wälde, Klaus - 2019

Labour income follows a deterministic growth trend and fluctuates between two values. Interest rates are drawn initially, fluctuate between two values and can differ in their arrival rates. Low interest rates imply a stationary long-run wealth distribution, high interest rates imply exploding...

Persistent link: https://www.econbiz.de/10012179769

Capital income risk and the dynamics of the wealth distribution

Khieu, Hoang; Wälde, Klaus - 2019

Persistent link: https://www.econbiz.de/10012138857

The Optimal Amount of Attention to Capital Income Risk

Yin, Penghui - 2018

uninsured capital income risk, and suffer from an information-processing capacity constraint. For given attention devoted to … capital income risk, we solve for the optimal consumption-saving choices and show that the expected welfare is increasing with … households would pay more attention to capital income risk if they have (i) lower initial wealth endowment, (ii) lower marginal …

Persistent link: https://www.econbiz.de/10012018104

Capital Income Risk and the Dynamics of the Wealth Distribution

Khieu, Hoang; Wälde, Klaus - 2018

In this paper, we develop and numerically solve a model of idiosyncratic labour income and idiosyncratic interest rates to predict the evolution of a wealth distribution over time. Stochastic labour income follows a deterministic growth trend and it fluctuates between a wage and unemployment...

Persistent link: https://www.econbiz.de/10011931805

The optimal amount of attention to capital income risk

Yin, Penghui - 2018

Persistent link: https://www.econbiz.de/10011951668