Idiosyncratic Production Risk, Growth, and the Business Cycle

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The distribution of wealth and …scal policy in economies with …nitely lived agents (2008, unknown): “The assumption that capital income contains a relevant idiosyncratic component is not standard in macroeconomics, though Angeletos and Calvet (2006) and Angeletos (2007) introduce it to study aggregate savings and growth.”
Uninsured Idiosyncratic Investment Risk (2005, unknown): “For example, using British data, Attanasio and Weber (1993) show that correcting for aggregation bias raises the estimated EIS from about 0.”
Why Does Misallocation Persist (2010, background): “Bai et al. (2006) come up with 20% as the aggregate marginal product of capital in China, down from 25% in the earlier period.”
Facilitating Savings for Agriculture: Field Experimental Evidence from Malawi (2015, background): “…is that the ability to hold a buffer stock in formal savings accounts made farmers willing to take on the risk of making higher input investments ðAngeletos and Calvet 2006; Kazianga and Udry 2006Þ. Alternatively, treatment may have affected agricultural production decisions via one or more of…”