• Euler Equations, Subjective Expectations and Income Shocks 

      Attanasio, Orazio; Kovacs, Agnes; Molnar, Krisztina (DP SAM;21/2018, Working paper, 2018)
      In this paper, we make three substantive contributions: first, we use elicited subjective income expectations to identify the levels of permanent and transitory income shocks in a life-cycle framework; second, we use these ...
    • Euler Equations, Subjective Expectations and Income Shocks. 

      Attanasio, Orazio; Kovacs, Agnes; Molnar, Krisztina (DP SAM;05, Working paper, 2017-04)
      In this paper, we make three substantive contributions: first, we use elicited subjective income expectations to identify the levels of permanent and transitory income shocks in a life-cycle framework; second, we use these ...