Uninsured Idiosyncratic Risk and Aggregate Saving

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ID: 290256
1994
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Abstract
We present a qualitative and quantitative analysis of the standard growth model modified to include precautionary saving motives and liquidity constraints. We address the impact on the aggregate saving rate, the importance of asset trading to individuals, and the relative inequality of wealth and income distributions.
Reference Key
openalex_W2096218604 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors S. Rao Aiyagari
Journal the quarterly journal of economics
Year 1994
DOI
10.2307/2118417
URL
Keywords Keywords not found

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