Showing 1 - 10 of 59
Persistent link: https://www.econbiz.de/10001368112
Persistent link: https://www.econbiz.de/10001567825
Are market and voting institutions capable of producing optimal intergenerational risk-sharing? To study this question, we consider a simple endowment economy with uncertainty and overlapping generations. Endowments are stochastic; thus it is possible to increase the welfare of every generation...
Persistent link: https://www.econbiz.de/10013221836
Persistent link: https://www.econbiz.de/10001016505
Persistent link: https://www.econbiz.de/10001188872
Persistent link: https://www.econbiz.de/10001208066
Persistent link: https://www.econbiz.de/10001127327
Persistent link: https://www.econbiz.de/10001116922
Persistent link: https://www.econbiz.de/10001086325
Persistent link: https://www.econbiz.de/10001091585