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Giulio, Fella ; Gonzalo Paz, Pardo ; Mariacristina, de Nardi ; Mariacristina, De Nardi ; Giulio, Fella ; Gonzalo, Paz-Pardo. (2016) The Implications of Richer Earnings Dynamics for Consumption and Wealth.
In: NBER Working Papers. RePEc:nbr:nberwo:21917.
Full description at Econpapers
cites:
This is an important limitation because the earnings risk faced by the high earners is potentially an important determinant of their saving behavior and wealth concentration in the upper tail (Castañeda et al. (2003)).
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