Browsing Discussion papers (SAM) by Author "Kovacs, Agnes"
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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 ...