Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
967253 | Journal of Monetary Economics | 2011 | 10 Pages |
Abstract
⺠Differences in planning propensity generate wealth inequality. ⺠Inattention increases asset price volatility. ⺠In general equilibrium infrequent planners trade at unfavorable prices. ⺠With return uncertainty, infrequent planners accumulate less wealth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Daria Finocchiaro,