· Theoretische Betrachtung von Versicherung durch Familie, Markt und Staat -- Historische Entwicklung … Betrachtung von Versicherung durch Familie, Markt und Staat · Historische Entwicklung wohlfahrtsstaatlicher Versicherung in … wohlfahrtsstaatlicher Versicherung in Deutschland -- Versicherung und Umverteilung in Deutschland und Großbritannien -- Versicherung vs …

to a self-insurance motive, their consumption decisions are more sensitive to changes in expected income. On the other … liquid assets to smooth individual income shocks. We show that the response of this economy to aggregate shocks depends on … more insulated from income uncertainty. Therefore, aggregate shocks tend to have larger effects if liquid assets pay a …

to a self-insurance motive, their consumption decisions are more sensitive to changes in expected income. On the other … liquid assets to smooth individual income shocks. We show that the response of this economy to aggregate shocks depends on … more insulated from income uncertainty. Therefore, aggregate shocks tend to have larger effects if liquid assets pay a …