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Racial Inequality, Wealth Dynamics
Constrained efficiency, Financial crises, Macroprudential policies and capital controls, Pecuniary externalities, Ramsey optimal policy, Social planner
Capital Controls, Exchange Rate Policy, Financial Frictions, Financial Crises, Macro-Financial Stability, Macro-Prudential Policies
constrained efficiency, financial crises, macroprudential policies and capital controls, pecuniary externalities, Ramsey optimal policy, social planner
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Bailouts, Capital Controls, Exchange Rate Policy, Financial Crises, Financial Frictions, Macro-Financial Stability, Macro-Prudential Policies
Consumption, Expenditure Shocks, Household Debt
Consumer Debt, Bankruptcy, Default, Life cycle, Idiosyncratic risk
consumer debt, bankruptcy, default, life cycle, credit card delinquency
interest rates, fiscal stimulus, household debt, inequality
Forward Guidance, Zero Lower Bound, Credible Monetary Policy, Commitment, Reputation, Discretion
Bailouts, Capital Controls, Crises, Financial Frictions, Macro Prudential Policies, Overborrowing
Neighborhood, Income, Wealth, Race
Capital Controls, Exchange Rate Policy, Financial Frictions, Financial Crises, Financial Stability, Optimal Taxation, Prudential Policies, Planning Problem
Capital Controls, Financial Crises, Financial Frictions, Macro-prudential policies, Pecuniary Externality, Real Exchange Rate
government debt limits, zero lower bound, stabilization policy, inefficiency
Government debt limits, zero lower bound, stabilization policy, inefficiency
portfolio frictions, infrequent portfolio decisions, international portfolio allocation, excess return predictability, financial shocks.
Life Insurance, Consumption-Savings Decisions, Incomplete Markets
Bailouts, Financial Frictions, Macro Prudential Policies, Overborrowing
Robustness, Model Uncertainty, Financial Integration, Risk Sharing, Economic Growth, Welfare
Rational Inattention, Consumption Volatility, Propagation Mechanism
Household Saving, Health, Retirement
inequality, heterogeneity, zero-growth
Robustness, Model Uncertainty, Rational Inattention, State Uncertainty, Signal
Rational Inattention, Asset Pricing, Permanent Income
Robustness, Rational Inattention, Consumption Smoothing, Current Account, Detection Error, Probabilities
Optimal Taxation, Inequality, Heterogeneous Agents, Incomplete Markets, Voting
Heterogeneity, Complete Markets, Wealth Distribution, Progressive Taxation
Robustness, Rational Inattention, Consumption Smoothing, Current Account, Detection Error Probabilities
sudden stops, collateral constraint, Fisherian deflation, growth
bankruptcy, unsecured credit, loan guarantees
Robustness, Model Uncertainty, Taxation Smoothing, Taxation Tilting
Durability, Slow Learning, Sticky Information Diffusion, Infrequent Adjustments
Consumer bankruptcy, unsecured credit, minimum wage
Rational Inattention, Permanent Income Hypothesis, General Equilibrium, Consumption and Income Volatility
Durability, Rational Inattention, Infrequent Adjustments, Consumption Stickiness
Political Economy, Essential Set, Voting, Inequality, Incomplete Markets
heterogeneity, progressive taxation, complete markets
Wealth Mobility, Inequality, Incomplete Markets
Rational Inattention; Permanent Income Hypothesis; General Equilibrium; Con-sumption and Wealth Volatility.
unsecured credit, penalties, bankruptcy
unsecured credit, asymmetric information, bankruptcy
Delinquency, Personal Bankruptcy, Unsecured Debt, Job Separation, Job Finding
Cyclical financial regulation, Stock crash risk, Gradual boom and sudden crash
Heterogeneity, Sunspots
Robustness, Rational Inattention, Risk Sharing, International Consumption Correlations
Robustness, Precautionary Savings, the Permanent Income Hypothesis, Low Interest Rates, Consumption and Income Inequality, General Equilibrium
Ambiguity Aversion, Robustness, Knightian Uncertainty, Inventories, Production Cost Smoothing
consumer bankruptcy, unsecured credit, unemployment insurance
Rational Inattention; General Equilibrium; Consumption and Wealth Dispersion
Political Economy, Redistribution, Heterogeneous Agents, Voting
uniqueness, multiplicity, Bewley models, Krusell-Smith
political economy, essential set, voting, inequality, incomplete markets
