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Fabrizio Perri

Monetary Advisor and Deputy Director · Federal Reserve Bank of Minneapolis

Monetary Advisor and Deputy Director at the Federal Reserve Bank of Minneapolis. Research covers business cycles, international macroeconomics and inequality.

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Published Classic Handbook of Macroeconomics Published Jan 2016

Macroeconomics and Household Heterogeneity

Dirk Krueger · Kurt Mitman · Fabrizio Perri

Using PSID panel data and a calibrated heterogeneous-household business-cycle model, this chapter shows that a sufficiently large mass of low-wealth, non-hand-to-mouth households who sharply raise …

Heterogeneous Agent Macro Business Cycles Free Read ↗