Aiyagari, S. (1994) Uninsured idiosyncratic risk and aggregate saving. Quarterly Journal of Economics
Aiyagari, S., Marcet, A., Sargent, T., and Seppala, J. (2002) Optimal taxation without state-contingent debt. Journal of Political Economy
Aiyagari, S.R. and McGrattan, E.R. (1998) The optimum quantity of debt. Journal of Monetary Economics
Ball, L. and Mankiw, N.G. (1996) What Do Budget Deficits Do? Working paper 5263, National Bureau of Economic Research.
Barro, R.J. (1979) On the determination of the public debt. Journal of Political Economy
Bewley, T. (1986) Stationary monetary equilibrium with a continuum of independently fluctuating consumers. In Hildenbrand, W. and Mas-Colell, A. (eds.), Contributions to Mathematical Economics in Honor of Gerard Debreu, pp. 79–102. North Holland: Elsevier.
Budria-Rodriguez, S., Díaz-Giménez, J., Quadrini, V., and Rios-Rull, J. (2002) Updated facts on the US distributions of earnings, income, and wealth. Federal Reserve Bank of Minneapolis Quarterly Review
Cagetti, M. (2003) Wealth accumulation over the life cycle and precautionary savings. Journal of Business and Economic Statistics
Cagetti, M. and De Nardi, M. (2008) Wealth inequality: Data and models. Macroeconomic Dynamics
Chari, V.V., Christiano, L.J., and Kehoe, P.J. (1994) Optimal fiscal policy in a business cycle model. Journal of Political Economy
De Nardi, M. (2004) Wealth inequality and intergenerational links. Review of Economic Studies
Den Haan, W. (1996) Heterogeneity, aggregate uncertainty, and the short-term interest rate. Journal of Business and Economic Statistics
Den Haan, W.J. (1997) Solving dynamic models with aggregate shocks and heterogeneous agents. Macroeconomic Dynamics
Desbonnet, A. and Weitzenblum, T. (2012) Why do governments end up with debt? short-run effects matter. Economic Inquiry
Farhi, E. (2010) Capital taxation and ownership when markets are incomplete. Journal of Political Economy
Floden, M. (2001) The effectiveness of government debt and transfers as insurance. Journal of Monetary Economics
Floden, M. and Linde, J. (2001) Idiosyncratic risk in the United States and Sweden: Is there a role for government insurance?
Review of Economic Dynamics
Fuchs-Schundeln, N. and Schundeln, M. (2005) Precautionary savings and self-selection: Evidence from the German reunification “experiment.”
Quarterly Journal of Economics
Gourinchas, P. and Parker, J. (2002) Consumption over the life cycle. Econometrica
Grechyna, D. (2016) Debt and deficit fluctuations in a time-consistent setup. Macroeconomic Dynamics
Hassler, J., Krusell, P., Storesletten, K., and Zilibotti, F. (2005). The dynamics of government. Journal of Monetary Economics
Hassler, J., Storesletten, K., and Zilibotti, F. (2003) The survival of the welfare state. American Economic Review
Heathcote, J. (2005) Fiscal policy with heterogeneous agents and incomplete markets. Review of Economic Studies
Huggett, M. (1993) The risk-free rate in heterogeneous-agent incomplete-insurance economies. Journal of Economic Dynamics and Control
Imrohoroglu, A. (1989) Cost of business cycles with indivisibilities and liquidity constraints. Journal of Political Economy
Klein, P., Krusell, P., and Rios-Rull, J. (2008). Time-consistent public policy. Review of Economic Studies
Klein, P., Quadrini, V., and Rios-Rull, J. (2005) Optimal time-consistent taxation with international mobility of capital. BE Journals–-Advances in Macroeconomics
Klein, P. and Rios-Rull, J.-V. (2003) Time-consistent optimal fiscal policy. International Economic Review
Krebs, T. (2003) Growth and welfare effects of business cycles in economies with idiosyncratic human capital risk. Review of Economic Dynamics
Krusell, P. (2002) Time-consistent redistribution. European Economic Review
Krusell, P., Mukoyama, T., Sahin, A., and Smith, A.A. Jr. (2009) Revisiting the welfare effects of eliminating business cycles. Review of Economic Dynamics
Krusell, P. and Smith, A. (1997) Income and wealth heterogeneity, portfolio choice, and equilibrium asset returns. Macroeconomic Dynamics
Krusell, P. and Smith, A. (1998) Income and wealth heterogeneity in the macroeconomy. Journal of Political Economy
Krusell, P. and Smith, A.A. (1999) On the welfare effects of eliminating business cycles. Review of Economic Dynamics
Lucas, R. (1987) Models of Business Cycles. New York: Basil Blackwell.
Lucas, R.E. and Stokey, N.L. (1983) Optimal fiscal and monetary policy in an economy without capital. Journal of Monetary Economics
Mincer, J. (1991) Education and Unemployment. Technical report, National Bureau of Economic Research.
Mukoyama, T. and Sahin, A. (2006) Costs of business cycles for unskilled workers. Journal of Monetary Economics
Prescott, E. (1986) Theory ahead of business cycle measurement. In Carnegie-Rochester Conference Series on Public Policy 25, 11–44.
Quadrini, V. (2000) Entrepreneurship, saving, and social mobility. Review of Economic Dynamics
Shin, Y. (2006) Ramsey meets Bewley: Optimal Government Financing with Incomplete Markets. Unpublished manuscript, Washington University in St. Louis.
Storesletten, K., Telmer, C.I., and Yaron, A. (2001) The welfare cost of business cycles revisited: Finite lives and cyclical variation in idiosyncratic risk. European Economic Review
Storesletten, K., Telmer, C.I., and Yaron, A. (2004) Cyclical dynamics in idiosyncratic labor market risk. Journal of Political Economy
Topel, R. (1993) What have we learned from empirical studies of unemployment and turnover?
American Economic Review
Woodford, M. (1990) Public debt as private liquidity. American Economic Review