Floden, Martin - Economics Institute for Research (SIR), … - 2005
of such self-insurance on precautionary saving. The analytical framework is a two-period model with saving and labor … precautionary saving when future wages are uncertain, and (ii) uncertainty about future wages raises current labor supply and …
uncertainty, and the impact of such self-insurance on precautionary saving. The analytical
framework is a two-period model with …