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Efficient Unemployment Insurance
Acemoglu, Daron; Shimer, Robert - 2021
This paper constructs a tractable general equilibrium model of search with risk-aversion. An increase in risk … hazard: insured workers seek high wage jobs with high unemployment risk. An economy with risk-neutral workers achieves … maximal output without any UI. In contrast, in an economy with risk-averse workers, a positive level of UI maximizes output …
Persistent link: https://www.econbiz.de/10013234055
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Firms, Failures, and Fluctuations : The Macroeconomics of Supply Chain Disruptions
Acemoglu, Daron; Tahbaz-Salehi, Alireza - 2022
This paper studies how firm failures and the resulting disruptions to supply chains can amplify negative shocks. We develop a non-competitive model where customized supplier-customer relations increase productivity, and the relationship-specific surplus generated between firms and their...
Persistent link: https://www.econbiz.de/10013291552
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Do Juntas lead to personal rule?
Acemoglu, Daron; Egorov, Georgij V.; Sonin, Konstantin - In: The American economic review 99 (2009) 2, pp. 298-303
Persistent link: https://www.econbiz.de/10003853545
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Institutions, factor prices, and taxation : virtues of strong states?
Acemoglu, Daron - In: The American economic review 100 (2010) 2, pp. 115-119
Persistent link: https://www.econbiz.de/10008746368
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Contracts and technology adaption
Acemoglu, Daron; Antràs, Pol; Helpman, Elhanan - In: The American economic review 97 (2007) 3, pp. 916-943
Persistent link: https://www.econbiz.de/10003505571
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Equalizing superstars : the internet and the democratization of education
Acemoglu, Daron; Laibson, David I.; List, John A. - In: The American economic review 104 (2014) 5, pp. 523-527
Persistent link: https://www.econbiz.de/10010391607
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A theory of political transitions
Acemoglu, Daron; Robinson, James A. - In: The American economic review 91 (2001) 4, pp. 938-963
Persistent link: https://www.econbiz.de/10001612502
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Political losers as a barrier to economic development
Acemoglu, Daron; Robinson, James A. - In: The American economic review 90 (2000) 2, pp. 126-130
Persistent link: https://www.econbiz.de/10001502606
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Changes in unemployment and wage inequality : an alternative theory and some evidence
Acemoglu, Daron - In: The American economic review 89 (1999) 5, pp. 1259-1278
Persistent link: https://www.econbiz.de/10001439189
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The choice between market failures and corruption
Acemoglu, Daron; Verdier, Thierry - In: The American economic review 90 (2000) 1, pp. 194-211
Persistent link: https://www.econbiz.de/10001471663