Job Market Paper / Dissertation
How the Extensive Margin Affects Inter-Agent Loans in a Life Cycle Model
This paper bridges the gap between structural modeling and empirical evidence on household borrowing and labor dynamics in multiple chapters. I develop a three period overlapping generations framework to set the stage for a more advanced Heterogeneous Agent life cycle model to study household borrowing and savings to resolve inconsistencies between intensive margin focused models and extensive margin labor dynamics, and empirically validate the theoretical findings using Vector Autoregression and Local Projection methods.