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Risk diversification by European financial conglomerates
Slijkerman, Jan Frederik; Schoenmaker, Dirk; Vries, … - 2005
Persistent link: https://www.econbiz.de/10003233496
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Financial markets, intermediaries, and intertemporal smoothing
Allen, Franklin - In: Journal of political economy 105 (1997) 3, pp. 523-546
Persistent link: https://www.econbiz.de/10001220009
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Financial markets, intermediaries, and intertemporal smoothing
Allen, Franklin; Gale, Douglas - 1996
Persistent link: https://www.econbiz.de/10000949737
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Financial markets, intermediaries, and intertemporal smoothing
Allen, Franklin; Gale, Douglas - 1995
Persistent link: https://www.econbiz.de/10000903211
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Financial markets, intermediaries and intertemporal smoothing
Allen, Franklin; Gale, Douglas - 1995
Persistent link: https://www.econbiz.de/10000910210
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Financial Markets, Intermediaries, and Intertemporal Smoothing
Allen, Franklin; Gale, Douglas M. - 2011
In an overlapping generations economy with (incomplete) financial markets but no intermediaries, there is underinvestment in safe assets. In an economy with intermediaries and no financial markets, accumulating reserves of safe assets allows returns to be smoothed, nondiversifiable risk to be...
Persistent link: https://www.econbiz.de/10014027377
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Macroeconomic with heterogeneity : a practical guide
Guvenen, Fatih - In: Economic quarterly 97 (2011) 3, pp. 255-327
Persistent link: https://www.econbiz.de/10009660298
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Macroeconomics with heterogeneity : a practical guide
Guvenen, Fatih - 2011
Persistent link: https://www.econbiz.de/10009409500
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Household income risk, nominal frictions, and incomplete markets : conference paper
Bayer, Christian; Luetticke, Ralph; Lien Pham; Tjaden, … - 2013
This paper examines the effects of changes in uncertainty of household income on the macroeconomy. Households face … constrained by the zero lower bound. Our results imply that household income uncertainty may be an important factor in explaining …
Persistent link: https://www.econbiz.de/10010340551
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How important is intra-household risk sharing for savings and labor supply?
Ortigueira, Salvador; Siassi, Nawid - In: Journal of monetary economics 60 (2013) 6, pp. 650-666
Persistent link: https://www.econbiz.de/10010253092