Zobrazeno 1 - 10
of 53
pro vyhledávání: '"Alexis Akira Toda"'
Publikováno v:
Quantitative Economics. 14:201-233
We develop an analytical framework designed to solve and analyze heterogeneous‐agent models that endogenously generate fat‐tailed wealth distributions. We exploit the asymptotic linearity of policy functions and the analytical characterization of
Publikováno v:
Journal of Economic Theory. 208:105608
Autor:
Alexis Akira Toda, Yulong Wang
Publikováno v:
Journal of Applied Econometrics. 36:228-243
We propose an efficient estimation method for the income Pareto exponent when only certain top income shares are observable. Our estimator is based on the asymptotic theory of weighted sums of order statistics and the efficient minimum distance estim
Autor:
Alexis Akira Toda, Thomas Phelan
Publikováno v:
Journal of Economic Theory. 206:105570
We analyze equilibrium behavior and optimal policy within a Susceptible-Infected-Recovered epidemic model augmented with potentially undiagnosed agents who infer their health status and a social planner with imperfect enforcement of social distancing
Autor:
Alexis Akira Toda, Thomas Phelan
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
We analyze equilibrium behavior and optimal policy within a Susceptible-Infected-Recovered epidemic model augmented with potentially undiagnosed agents who infer their health status and a social planner with imperfect enforcement of social distancing
Autor:
Alexis Akira Toda, Kieran James Walsh
Publikováno v:
The Review of Financial Studies. 33:3583-3623
We show that in a general equilibrium model with heterogeneity in risk aversion or belief, shifting wealth from an agent who holds comparatively fewer stocks to one who holds more reduces the equity premium. Since empirically the rich hold more stock
Publikováno v:
Empirical Economics. 59:2071-2091
In the seminal book “Les Inegalites Economiques,” Gibrat (Les Inegalites Economiques, Librairie du Recueil Sirey, Paris, 2013) proposed the law of proportional effect and claimed that a variety of empirical size distributions—such as income, we
Autor:
Gregory Phelan, Alexis Akira Toda
Publikováno v:
Journal of Financial Economics. 131:571-592
We study the effect of collateralized lending and securitization on the global supply of securitized assets, welfare, and international net and gross capital flows in a two country general equilibrium model with idiosyncratic investment risk. The fin
Publikováno v:
Journal of economic interaction and coordination, vol 16, iss 3
Journal of Economic Interaction and Coordination
Journal of Economic Interaction and Coordination
How does social distancing affect the reach of an epidemic in social networks? We present Monte Carlo simulation results of asusceptible–infected–removed with social distancingmodel. The key feature of the model is that individuals are limited in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c918d3cdc27568499f1dc80f0c58bc84
https://escholarship.org/uc/item/7xv4h5qr
https://escholarship.org/uc/item/7xv4h5qr
Autor:
Alexis Akira Toda
Essential Mathematics for Economics covers mathematical topics that are essential for economic analysis in a concise but rigorous fashion. The book covers selected topics such as linear algebra, real analysis, convex analysis, constrained optimizatio