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Robust comparative statics in large dynamic economies
Acemoglu, Daron; Jensen, Martin Kaae - 2012
We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett, and models of entry, exit and...
Persistent link: https://www.econbiz.de/10009573286
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Robust Comparative Statics in Large Dynamic Economies
Acemoglu, Daron; Jensen, Martin Kaae - National Bureau of Economic Research (NBER) - 2012
We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett, and models of entry, exit and...
Persistent link: https://www.econbiz.de/10010821853
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Efficient unemployment insurance
Acemoglu, Daron; Shimer, Robert - 1998
Persistent link: https://www.econbiz.de/10000671911
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Efficient unemployment insurance
Acemoglu, Daron; Shimer, Robert - In: Journal of political economy 107 (1999) 5, pp. 893-928
Persistent link: https://www.econbiz.de/10001413479
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Was Prometheus Unbound by Chance? Risk, Diversification, and Growth
Acemoglu, Daron; Zilibotti, Fabrizio - 1997
This paper offers a theory of development that links the degree of market incompleteness to capital accumulation and … growth. At early stages of development, the presence of indivisible projects limits the degree of risk spreading …
Persistent link: https://www.econbiz.de/10014078038
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Was Prometheus unbound by change? : risk, diversification and growth
Acemoglu, Daron; Zilibotti, Fabrizio - 1996
Persistent link: https://www.econbiz.de/10013422251
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Setting standards : information accumulation in development
Acemoglu, Daron; Zilibotti, Fabrizio - 1997
Persistent link: https://www.econbiz.de/10013422337
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The structure of wages and investment in general training
Acemoglu, Daron; Pischke, Jörn-Steffen - 1998
Persistent link: https://www.econbiz.de/10013422433
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The rise of age-friendly jobs
Acemoglu, Daron; Mühlbach, Nicolaj Søndergaard; … - In: Journal of the economics of ageing 23 (2022), pp. 1-13
Persistent link: https://www.econbiz.de/10014245492
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Income and democracy: a comment on Acemoglu, Johnson, Robinson, and Yared (2008)
Gundlach, Erich (contributor); Paldam, Martin (contributor);  … - 2008
-fixed and time-fixed effects removes the statistical significance of income as a causal factor of democracy. We argue that their … empirical approach must produce insignificant income effects and that a small change in the estimation process immediately … reveals the strong effect of income on democracy. -- Democracy ; modernization hypothesis ; fixed-effects estimation …
Persistent link: https://www.econbiz.de/10003764592