Low, Hamish; Meghir, Costas; Pistaferri, Luigi - Institute for the Study of Labor (IZA) - 2008
, precautionary savings
Corresponding author:
Costas Meghir
Department of Economics
University College London
Gower Street … (Hubbard, Skinner and Zeldes, 1995), the literature on precautionary
savings has assumed that only self-insurance is available …) proposes an equilibrium search model with precautionary savings that attempts
to measure the welfare effects of unemployment …