Aiyagari Model

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf macroeconomic model
gptkbp:assumes borrowing constraints
exogenous labor income risk
incomplete insurance markets
gptkbp:developedBy S. Rao Aiyagari
gptkbp:field macroeconomics
gptkbp:focusesOn incomplete markets
heterogeneous agents
idiosyncratic income risk
gptkbp:fullTitle Uninsured Idiosyncratic Risk and Aggregate Saving
https://www.w3.org/2000/01/rdf-schema#label Aiyagari Model
gptkbp:influenced macroeconomic theory of inequality
quantitative macroeconomics
gptkbp:introducedIn 1994
gptkbp:publishedIn gptkb:Quarterly_Journal_of_Economics
gptkbp:relatedTo gptkb:Huggett_Model
Bewley Model
gptkbp:usedFor analyzing precautionary savings
studying wealth distribution
gptkbp:bfsParent gptkb:Heterogeneous_Agents
gptkbp:bfsLayer 7