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Persistent vs. Permanent Income Shocks in the Buffer-Stock Model
Jeppe Druedahl
,
Thomas Høgholm Jørgensen
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Dive into the research topics of 'Persistent vs. Permanent Income Shocks in the Buffer-Stock Model'. Together they form a unique fingerprint.
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Business & Economics
Buffer Stock
93%
Calibration
23%
Coefficients
34%
Constant Relative Risk Aversion
31%
Economic Behaviour
25%
Household
14%
Income
21%
Income Shocks
88%
Marginal Propensity to Consume
32%
Method of Simulated Moments
38%
Misspecification
25%
Permanent Income
89%
Social Insurance
33%
Stock Model
100%
Unit Root
23%