报告题目：Attention Allocation and Heterogenous Consumption Responses
报 告 人：尹鹏辉
报告地点：腾讯会议（会议ID：940 428 693）
尹鹏辉，山东大学助理教授，2020年获法兰克福大学经济学博士学位。主要研究宏观经济学、信息经济学和行为经济学。曾在Journal of Economic Dynamics and Control期刊发表论文。
This paper studies how agents allocate their limited attention between capital income and labor income risks in a two-period consumption-saving model with recursive utility. Specifically, we examine how the optimal attention and consumption-saving decisions are impacted by the attention capacity, wealth endowments, preferences for risk and time, and the amount of income risks. We show that our model is consistent with several novel facts regarding consumption changes around the Great Recession. Furthermore, we find that the welfare loss due to limited attention is significantly larger for households with lower wealth, and it can be significantly reduced when the agents are allowed to flexibly allocate their attention.
腾讯会议ID：940 428 693
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撰稿：王杰 审核：齐鹰飞 单位：高等经济研究院