Two Views of Inequality Over the Life Cycle

By Jonathan Heathcote, Kjetil Storesletten, Giovanni L. Violante. 2005

153 citations recorded by the source corpus.

Subfields: Accounting, Gender Studies, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/ac6952f5662cca5a4a0b48ee9eb10802279910f6

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Citations in the corpus

A test for the convexity of human well-being over the life cycle: Longitudinal evidence from a 20-year panel (2011, background): “Heathcote et al. (2005) find that estimations of the course of inequality over the life cycle can vary considerably under the assumption of either the absence of cohort effects or the absence of time effects.”
Inequality and the Lifecycle (2011, background): “There are many different views in the literature; see, for example, Deaton and Paxson (1994), Slesnick and Ulker (2004), Heathcote, Storesletten, and Violante (2005), Guvenen (2007), and Primiceri and Van Rens (2009).”
The Macroeconomic Implications of Rising Wage Inequality in the United States (2008, unknown): “The matching probabilities πgt satisfy the consistency conditions in (5) and (6), and are consistent with the target degree of assortative matching ̺ in (7).”
Moving Back Home: Insurance against Labor Market Risk (2012, unknown): “, 2007) (43)Some contributions include (Deaton and Paxson, 1994), (Slesnick and Ulker, 2004), and (Heathcote et al., 2005).”
Deconstructing Life Cycle Expenditure (2008, unknown): “In the standard model, this is a violation of insurance and implies uninsurable shocks to permanent income that accumulate over the lifecycle (see also Storesletten et al (2004b), Heathcote et al (2005), and Guvenen (2007)).”
Capital Taxation: Quantitative Explorations of the Inverse Euler Equation (2012, unknown): “For the range of parameters that we consider, the efficiency gains range from less than 0.1 to 8.4 percent.”
Sources of Lifetime Inequality (2011, unknown): “The next section develops the logic of this point.”
Consumption and labor supply with partial insurance: An analytical framework (2014, unknown): “A comparison of (30) and (31) reveals immediately one role of endogenous labor supply.”
The Surprising Power of Age-Dependent Taxes (2011, methodology): “t 1 u ct t v yt t wt t !! t 1 u cs v y s wt t : (22)”
Spain is Different: Falling Trends of Inequality (2009, background): “The first one is that Hidalgo (2008) looks at a sample of households with only one earner, which, as Table 1 above shows, is a sample with a rapidly changing composition. The second factor is that the data of Hidalgo (2008) for 2000 come from a new version of the ECPF, while our data for the second ”
How Much Consumption Insurance beyond Self-Insurance? (2010, unknown): “For example, more recent estimates ( Heathcote et al. 2005, Heathcote, Perri & Violante”
An empirical investigation of labor income processes (2007, methodology): “Partly reflecting these concerns, all existing studies on income dynamics using the PSID data uses potential experience as I do here (including MaCurdy, 1982; Abowd and Card, 1989; Baker, 1997; Meghir and Pistaferri, 2004; Heathcote et al., 2005; among others).”
Efficient Allocations in Dynamic Private Information Economies with Persistent Shocks: A First-Order Approach (2013, methodology): “The shape parameter of the Pareto distribution λ is chosen to be such that the variance of the log shock innovations in the productivity shock ζ is 0.007, based on the evidence in Heathcote et al. (2005).20 This yields λ = 11.952.”
How Well Does the U.S. Social Insurance System Provide Social Insurance? (2010, methodology): “Heathcote et al. (2008) analyze a related model with time-varying variances of different components of wages to account for the change in cross-sectional hours, wage, earnings and consumption inequality in the U.”