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Job displacement risk and severance pay
Cozzi, Marco; Fella, Giulio - 2015
the absence of persistent earning losses, we find that the welfare gains from the insurance against job displacement …
Persistent link: https://www.econbiz.de/10010468319
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Job displacement risk and severance pay
Cozzi, Marco; Fella, Giulio - 2015
the absence of persistent earning losses, we find that the welfare gains from the insurance against job displacement …
Persistent link: https://www.econbiz.de/10011380822
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Job displacement risk and severance pay
Cozzi, Marco; Fella, Giulio - 2016
persistent earning losses, we find that the welfare gains from the insurance against job displacement afforded by severance pay …
Persistent link: https://www.econbiz.de/10011796519
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Job displacement risk and severance pay
Cozzi, Marco; Fella, Giulio - 2016
persistent earning losses, we find that the welfare gains from the insurance against job displacement afforded by severance pay …
Persistent link: https://www.econbiz.de/10011458292
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Higher education funding, welfare and inequality in equilibrium
Mellior, Gustavo - 2020
on welfare (on aggregate and at the individual level) and wealth inequality. A heterogeneous agent model in continuous … we see that there can be large gains in welfare and significant drops in inequality by moving to a system with more … student loans become excessive. While I identify large steady state welfare gains from more public sector financing, I show …
Persistent link: https://www.econbiz.de/10012664383
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Higher education funding, welfare and inequality in equilibrium
Mellior, Gustavo - 2020 - This draft: October 20, 2020
on welfare (on aggregate and at the individual level) and wealth inequality. A heterogeneous agent model in continuous … we see that there can be large gains in welfare and significant drops in inequality by moving to a system with more … student loans become excessive. While I identify large steady state welfare gains from more public sector financing, I show …
Persistent link: https://www.econbiz.de/10012308010
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Regulating collateral-requirements when markets are incomplete
Araújo, Aloísio; Kubler, Felix; Schommer, Susan - In: Journal of Economic Theory 147 (2012) 2, pp. 450-476
In this paper we examine the effects of default and collateral on risk sharing. We assume that there is a large set of assets which all promise a risk less payoff but which distinguish themselves by their collateral requirements. In equilibrium agents default, the assets have different payoffs,...
Persistent link: https://www.econbiz.de/10011042948
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On borrowing limits and welfare
Obiols-Homs, Francesc - Barcelona Graduate School of Economics (Barcelona GSE) - 2009
We study the effect of borrowing limits on welfare in several versions of exchange and production economies. There is a … are worse off. The combination of these effects produces that aggregate welfare in equilibrium (or ex ante welfare …
Persistent link: https://www.econbiz.de/10010547292
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On borrowing limits and welfare
Obiols-Homs, Francesc - In: Review of Economic Dynamics 14 (2011) 2, pp. 279-294
We study the effect of borrowing limits on welfare in several versions of exchange and production economies. There is a … borrowers are worse off. The combination of these effects produces that aggregate welfare in equilibrium (or ex ante welfare …
Persistent link: https://www.econbiz.de/10008514336
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On borrowing limits and welfare
Obiols-Homs, Francesc - Departament d'Economia i Història Econòmica, … - 2009
We study the effect of borrowing limits on welfare in several versions of exchange and production economies. There is a … are worse off. The combination of these effects produces that aggregate welfare in equilibrium (or ex ante welfare …
Persistent link: https://www.econbiz.de/10008574230