【主讲】Shenghao Zhu (新加坡国立大学)
【主题】The Wealth Distribution in Bewley Models with Investment Risk
【时间】2014年10月9日 (周四) 15：30-17：00
【地点】上海财经大学经济学院楼710室
【语言】英文
【摘要】We study the wealth distribution in Bewley economies with idiosyncratic capital income risk. We show analytically that under rather general conditions on the stochastic structure of the economy, a unique ergodic distribution of wealth displays a fat tail; more precisely, a Pareto distribution in the right tail.
