[宏观经济学研讨会]Entrepreneurship, Frictions, and Wealth
发文时间:2013-03-28

ECON201304

宏观经济学研讨会

(总第133期)

【时间】2013403日(周)12:15-13:45

【地点】明主0304教室

【主讲】徐 剑 中国人民大学经济学院

【主题】Entrepreneurship, Frictions, and Wealth (written by Marco Cagetti, and Mariacristina De Nardi, Journal of Political Economy, 2006)

【摘要】This paper constructs and calibrates a parsimonious model of occupational choice that allows for entrepreneurial entry, exit, and investment decisions in the presence of borrowing constraint. The model fits very well a number of empirical observations, including the observed wealth distribution for entrepreneurs and workers. At the aggregate level, more restrictive borrowing constraints generate less wealth concentration and reduce average firm size, aggregate capital, and the fraction of entrepreneurs. Voluntary bequests allow some high-ability workers to establish or enlarge an entrepreneurial activity. With accidental bequests only, there would be fewer very large firms and less aggregate capital and wealth concentration.

【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:陈伟泽  E_mail: sysu2006vc@126.com

更多讲座信息欢迎访问se.ruc.edu.cnwww.yanjiuyuan.com.cn

经济学院

中国经济改革与发展研究院