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The evolution of a rentier economy and the suppression of economic welfare
Savvides, Savvakis C. - 2023
Persistent link: https://www.econbiz.de/10015085005
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Risk sharing, investment, and incentives in the neoclassical growth model
Espino, Emilio; Sanchez, Juan M. - In: Economic quarterly 96 (2010) 4, pp. 399-416
Persistent link: https://www.econbiz.de/10009233265
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Risk Sharing, Investment, and Incentives in the Neoclassical Growth Model
Espino, Emilio - 2012
We first study growth and risk sharing in a stochastic growth model with preference shocks and two risk-averse agents. In periods in which one of the agents needs extra consumption (insurance), it is socially optimal to reduce the consumption of the other agent (redistribution) and also to...
Persistent link: https://www.econbiz.de/10013096555
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The distribution of wealth in the Blanchard-Yaari model
Benhabib, Jess; Bisin, Alberto; Zhu, Shenghao - In: Macroeconomic dynamics 20 (2016) 2, pp. 466-481
Persistent link: https://www.econbiz.de/10011577311
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A stochastic model of group wealth responses to insurancemechanisms in low-income communities
Henshaw, Kira; Mandjes, Michel; Constantinescu, Corina - In: Scandinavian actuarial journal 2024 (2024) 4, pp. 301-328
Persistent link: https://www.econbiz.de/10014520538
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Capitalism and inequality
Mayhew, Ken (contributor) - 2009
Persistent link: https://www.econbiz.de/10003849939
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The market price of aggregate risk and the wealth distribution
Chien, YiLi; Lustig, Hanno - In: The review of financial studies 23 (2010) 4, pp. 1596-1650
Persistent link: https://www.econbiz.de/10003959878
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A note on entrepreneurial risk, capital market imperfections, and heterogeneity
Luo, Yulei; Gong, Liutang; Zou, Heng-fu - In: Macroeconomic dynamics 14 (2010) 2, pp. 269-284
Persistent link: https://www.econbiz.de/10003980611
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Liquidity, welfare and distribution
Martin, Samuel Gil - In: Panoeconomicus 59 (2012) 2, pp. 217-234
Persistent link: https://www.econbiz.de/10009572201
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Wealth inequality, family background, and estate taxation
De Nardi, Mariacristina; Yang, Fang - 2015
Persistent link: https://www.econbiz.de/10010510658