Markus Kondziella
Title
Prof. PhD
Last Name
Kondziella
First name
Markus
Email
markus.kondziella@unisg.ch
Phone
+41 71 224 38 73
6 results
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Item type:Publication, More Than the Sum of Its Parts? Markups and the Role of Establishments(2025-05-29)Type:conference contribution - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Recent Changes in Firm Dynamics and the Nature of Economic Growth(2024-08-22)Type:conference contribution - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Recent Changes in Firm Dynamics and the Nature of Macroeconomic Trends(2024-08-26)Type:conference contribution - Some of the metrics are blocked by yourconsent settings
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Item type:Publication, Transition to Green Technology along the Supply Chain(2024-06-25) ;Philippe Aghion ;Lint Barrage ;David Hémous ;Ernest LiuType:conference contribution - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Preference heterogeneity and portfolio choices over the wealth distribution(2023-11-11); ;Gualtiero AzzaliniZoltán RáczWhat are the key elements required to generate portfolio choices over the wealth distribution in line with the data? In this paper, we argue that capturing preference heterogeneity across individuals is one of them. Using a partial equilibrium Bewley-type model with endogenous portfolio choice and cyclical skewness in labor income shocks, we show that heterogeneity in risk aversion, impatience and portfolio diversification is crucial to match the empirical schedules of unconditional risky share, participation and share of idiosyncratic variance in individual portfolios. At the same time, these elements generate dispersion in wealth through their heterogeneous effects on individuals' investment decisions resulting in a cross-sectional wealth distribution that provides a close fit of the data, particularly at the very top.Type:conference contribution