Essays on macroeconomics and household heterogeneity
The goal of this thesis is to explore how household heterogeneity propagates and amplifies macroeconomic shocks within the economy using both economic theory and empirical data.
The assumption of a single "representative" household has been a mainstay of macroeconomic research over the past half-century. However recent work suggests that not only is there a considerable degree of heterogeneity among households, but that these differences have a significant impact on a range of ...Expand abstract
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- University of Oxford
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