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Money, growth, and risk sharing with private information
Kim, Young-sik - In: Review of economic dynamics 6 (2003) 2, pp. 276-299
Persistent link: https://www.econbiz.de/10001758332
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Growth and risk-sharing with private information
Khan, Aubhik; Ravikumar, B. - 1999
Persistent link: https://www.econbiz.de/10001412210
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Growth and risk-sharing with private information
Khan, Aubhik; Ravikumar, B. - In: Journal of monetary economics 47 (2001) 3, pp. 499-521
Persistent link: https://www.econbiz.de/10001588921
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Growth and Risk-Sharing with Private Information
Khan, Aubhik; Ravikumar, B. - 2019
The author examines the impact of incomplete risk-sharing on growth and welfare. The source of market incompleteness in … the economy is private information: a household's idiosyncratic productivity shock is not observable by others. Risk …-sharing between households occurs through long-term contracts with intermediaries. The author finds that incomplete risk-sharing tends …
Persistent link: https://www.econbiz.de/10014179172
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Taxation and economic growth in Colombia
Steiner, Roberto - 2014
This Working Paper assesses the impact on investment of a reduction in corporate taxes and the impact on employment, labor formality, and growth of a reduction in non-wage labor costs in Colombia. First, and following Hall and Jorgensen (1967), we estimate an investment function, which depends...
Persistent link: https://www.econbiz.de/10011285598
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Expected Economic Growth and Corporate Tax Planning
Kim, Jaewoo - 2020
This study investigates whether expected economic growth is associated with corporate tax planning. We predict that higher expected economic growth increases the net present value of tax planning opportunities and thus increases investment in tax planning. Consistent with our prediction, we find...
Persistent link: https://www.econbiz.de/10012852764
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Business cycle variability and growth linkage
Nkwoma, Inekwe John - 2014
Persistent link: https://www.econbiz.de/10011345229
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Uncertain technological change under capital mobility
Hek, Paul A. de - 2005
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...
Persistent link: https://www.econbiz.de/10011343279
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Economic Growth and Risk Aversion
Davidsson, Marcus - 2013
in the model which represent the micro foundation in the model. One of the conclusions is that the more “risk averse” the …
Persistent link: https://www.econbiz.de/10013083492
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Economic Growth : Risk Aversion and Inequality
Nikitina, Natalia - 2019
activity is fraught with great risk, which is largely exacerbated by liquidity constraints. This situation is especially …
Persistent link: https://www.econbiz.de/10012858561