Aggregating heterogeneous-agent models with permanent income shocks
In: Journal of economic dynamics & control, Band 129, S. 104185
ISSN: 0165-1889
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In: Journal of economic dynamics & control, Band 129, S. 104185
ISSN: 0165-1889
In: NBER Working Paper No. w23948
SSRN
Working paper
In: The economic journal: the journal of the Royal Economic Society, Band 114, Heft 496, S. F293-F306
ISSN: 1468-0297
In: Journal of post-Keynesian economics, Band 1, Heft 4, S. 64-69
ISSN: 1557-7821
In: Economica, Band 44, Heft 176, S. 393
In: Journal of political economy, Band 82, Heft 1, S. 192-198
ISSN: 1537-534X
In: Journal of political economy, Band 82, Heft 1, S. 185-191
ISSN: 1537-534X
In: NBER Working Paper No. w19455
SSRN
Working paper
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 96, S. 438-450
In: Journal of Monetary Economics, Band 26, Heft 2, S. 267-283
In: Journal of political economy, Band 79, Heft 3, S. 652-660
ISSN: 1537-534X
In: NBER working paper series 17610
"Analysts often examine the black-white test score gap conditional on family income. Typically only a current income measure is available. We argue that the gap conditional on permanent income is of greater interest, and we describe a method for identifying this gap using an auxiliary data set to estimate the relationship between current and permanent income. Current income explains only about half as much of the black-white test score gap as does permanent income, and the remaining gap in math achievement among families with the same permanent income is only 0.2 to 0.3 standard deviations in two commonly used data sets. When we add permanent income to the controls used by Fryer and Levitt (2006), the unexplained gap in 3rd grade shrinks below 0.15 standard deviations, less than half of what is found with their controls"--National Bureau of Economic Research web site
In: CEPR Discussion Paper No. DP15145
SSRN
Working paper
In: Journal of international economics, Band 40, Heft 3-4, S. 439-457
ISSN: 0022-1996
In: Economia: revista da ANPEC, Band 19, Heft 3, S. 395-403
ISSN: 2358-2820