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Jonathan Heathcote

Monetary Advisor, Deputy Director of Research · Federal Reserve Bank of Minneapolis

Monetary Advisor and Deputy Director of Research at the Federal Reserve Bank of Minneapolis. His work covers macroeconomics, inequality, fiscal policy and financial markets.

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Published Classic Annual Review of Economics Published Sep 2009

Quantitative Macroeconomics with Heterogeneous Households

Jonathan Heathcote · Kjetil Storesletten · Giovanni L. Violante

This review organizes the quantitative macroeconomics literature on household heterogeneity around the "standard incomplete markets" model, asking what sources of individual risk matter most, what …

Heterogeneous Agent Macro Business Cycles Risk Premia Free Read ↗