[宏观经济学研讨会]The Wealth Distribution with Durable Goods
发文时间:2013-10-10

ECON201315

宏观经济学研讨会

(总第144期)

【时间】20131016日(周)12:15-13:45

【地点】明0202教室

【主讲】徐剑 中国人民大学经济学院

【点评】陈朴 中国人民大学经济学院助理教授 明尼苏达大学经济学博士

【主题】The Wealth Distribution with Durable Goods (written by Antonia Diaz, and Luengo-Prado, International Economic Review, 2010)
    【摘要】In the United States, the distribution of houses is less egalitarian than that of earnings for the total population, but these two distributions are remarkably similar for homeowners. Additionally, housing as a fraction of total wealth decreases with the level of wealth. In order to understand the different factors that account for these wealth composition patterns, we introduce illiquid houses and collateral credit in a general equilibrium model of heterogeneous agents with idiosyncratic uncertainty. A combination of very persistent shocks to earnings, frictions in the housing market, and a rental market is necessary to obtain numbers in line with the evidence.

【主持】陈彦斌 教授

人大宏观经济学研讨会(Macro Workshop)旨在追踪宏观经济学国际最新进展,倡导构建符合国情的动态优化模型,并使用计算机模拟研究经济增长、收入分配和宏观政策等中国宏观经济重大问题。

联系人:陈小亮  E_mail: chenxiaoliang2200@126.com

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