For the role of entry and exit in macroeconomic dynamics, see Clementi and Palazzo (2016) as well as Gourio, Messer, and Siemer (2016). 11 For early quantitative work on the relationship between income and wealth heterogeneity and the  macroeconomy, see Krusell and Smith (1998). 12 Guvenen (2011) reviews several issues related to macroeconomics with heterogeneity.
For an overview of the  interactions between distribution and aggregate outcomes, see the work by Quadrini and Rios-Rull (2015). For recent work on the effects of monetary policy in models with heterogeneous agents, see Kaplan, Moll, and Violante (2016); Gornemann, Kuester, and Nakajima (2016); Auclert (2016); and Sterk and Tenreyro (2016).