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