Reexamining the Role of Heterogeneous Agents in Stock Markets, Labor Markets, and Tax Policy.
This thesis comprises three chapters which share an emphasis on the importance of agent heterogeneity in different areas of macroeconomics. The first chapter shows that the introduction of heterogeneous risk aversion into a consumption based asset pricing model with Epstein-Zin preferences allows to...
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| Format: | Doctoral Thesis |
| Language: | English |
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Universitat Pompeu Fabra
2007
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| Online Access: | http://hdl.handle.net/10803/7363 http://nbn-resolving.de/urn:isbn:9788469144640 |