Heterogeneous Agents and Uninsurable Idiosyncratic Employment Shocks in a Linearized Dynamic General Equilibrium Model
提出一种解析解法，用于处理包含异质性主体和不可保险的特质性就业冲击的动态一般均衡模型，得到一条近似平衡增长路径，该路径取决于失业率和失业风险，但与不断变化的财富分布无关。
This paper proposes an analytical solution method for a dynamic general equilibrium model with heterogeneous agents and uninsurable idiosyncratic employment shocks. The solution method yields an approximate balanced growth path which depends on the unemployment rate and the unemployment risk, but which is independent of the ever-changing wealth distribution.