![HoF Logo](/xmlui/themes/Mirage2/images/HoF_Titel-698-320.png)
Auflistung Working Papers nach Schlagwort "life-cycle model"
Anzeige der Dokumente 1-1 von 1
-
Higher-Order Income Risk over the Business Cycle: A Parametric Approach
(2020-03-24)We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher- order risk. We estimate our extended income process by ...