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Income and Wealth Heterogeneity in the Macroeconomy

Abstract

Income and wealth heterogeneity in the macroeconomy

KrusellSmith

Binder

This is a Replication of Krusell and Smith, 1998.

References

Krusell, P., & Smith, Jr, A. A. (1998). Income and wealth heterogeneity in the macroeconomy. Journal of political Economy, 106(5), 867-896.