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Complete markets strikes back : revisiting risk sharing tests under discount rate heterogeneity

Sun, Gang - 2013

Persistent link: https://www.econbiz.de/10010241586

Optimal taxation in a stochastic endogenous growth model with congestion

Ott, Ingrid; Soretz, Susanne - 2002

financing depends on the relation between the degrees of rivalry and relative risk aversion. Due to the insurance effect … deterministic congestion models, but also on the degree of risk aversion. …

Persistent link: https://www.econbiz.de/10011526036

Konsequenzen des Zins- und Einkommensrisikos auf das wirtschaftliche Wachstum

Clemens, Christiane; Soretz, Susanne - 1999

Der vorliegende Beitrag analysiert den Einfluß von aggregierten Produktivitätsschocks auf die intertemporale Entscheidung risikoaverser Agenten. Dabei stehen insbesondere die Auswirkungen auf das langfristige Wachstum der Ökonomie im Vordergrund der Betrachtungen. Es wird gezeigt, daß neben...

Persistent link: https://www.econbiz.de/10011526462

Optimal dividend-financing strategies in a dual risk model with time-inconsistent preferences

Chen, Shumin; Wang, Xi; Deng, Yinglu; Zeng, Yan - In: Insurance / Mathematics & economics 67 (2016), pp. 27-37

Persistent link: https://www.econbiz.de/10011457145

Long-run risk is the worst-case scenario : ambiguity aversion and non-parametric estimation of the endowment process

Bidder, Rhys; Dew-Becker, Ian - 2016

Persistent link: https://www.econbiz.de/10011521438

Long-run risk is the worst-case scenario : ambiguity aversion and non-parametric estimation of the endowment process

Bidder, Rhys; Dew-Becker, Ian - 2014

Persistent link: https://www.econbiz.de/10010400185

Will the possibility of divorce discourage marriage-specific investment?

Liu, Xuemei - In: The journal of socio-economics 39 (2010) 2, pp. 251-257

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The dynamics of market insurance, insurable assets, and wealth accumulation

Koeniger, Winfried - 2002

in a model with non-durable and durable consumption. The stock of the durable is exposed to risk against which households … because agents can time-diversify their risk. Market insurance implies welfare gains of around .6% in terms of non …-durable consumption. Introducing labor income risk into the model does not necessarily increase the importance of market insurance if the …

Persistent link: https://www.econbiz.de/10011414203

Why uncertainty matters : discounting under intertemporal risk aversion and ambiguity

Traeger, Christian - In: Economic theory : official journal of the Society for … 56 (2014) 3, pp. 627-664

Persistent link: https://www.econbiz.de/10010388046

Consumption smoothing across states and time: International insurance versus foreign loans

Von Furstenberg, George M. - In: Journal of policy modeling : JPMOD ; a social science … 28 (2006) 1, pp. 1-23

Persistent link: https://www.econbiz.de/10003269463