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Bergmann, Philip: Heterogeneity in an RBC Model with Durable Goods and Energy. In: . Jg.13-2019. 2019
Inhalt
Introduction
Theoretical Literature on Inequality
Model
Ricardian households
Rule-of-thumb households
Production sector
Market clearing
Competitive Equilibrium
Households
Production sector
Solution methods for capital stock
Calibration & Determination of Law of Motion of Aggregated Capital
Calibration of shocks
Law of motion of aggregated capital
Results
Simulated moments
Impulse response functions
Shock to TFP in the (non-durable) goods production sector
Shock to energy prices
Inequality
Distribution
Inequality ratios
Gini index
Theil index
Sensitivity Analysis
Policy Implication Through Taxation
Conclusion
Additional Figures and Tables
Accuracy Checks
Mathematical Appendix
Optimization
Steady states
Log-linearized equations
Calibration