Sökning: "risk-sharing"
Visar resultat 1 - 5 av 13 avhandlingar innehållade ordet risk-sharing.
1. Essays on Inequality, Insolvency and Innovation
Sammanfattning : First Impressions Last – Does Inequality Increase Status Consumption and Household Debt? (with Elin Molin): Recent decades have seen an increase in income inequality and household debt-to-GDP ratios in many countries, and several studies have suggested that higher income inequality spurs borrowing among nonrich households through their preference to "Keep up with the Joneses". In this paper, we show that standard Keeping up with the Joneses utility functions cannot generate this relationship unless one imposes the implausible assumption that the rich are more impatient than the nonrich. LÄS MER
2. Essays on job turnover, productivity and state-local finance
Sammanfattning : This thesis consists of four self-contained papers on job turnover, productivity and state- local finance.Paper [I] deals with the determinants of the rate of job turnover defined as the change in distribution of employment between and within industries in Swedish manufacturing. LÄS MER
3. Essays on Dynamic Macroeconomics
Sammanfattning : My thesis consists of three papers in macroeconomics.“Why do Europeans Work so Little?” concerns labor supply. Market work per person is roughly 10 percent higher in the U.S. LÄS MER
4. Households' Responses to Policy in Labor and Credit Markets
Sammanfattning : Household Debt and Monetary Policy: Revealing the Cash-Flow Channel We examine the effect of monetary policy on spending when households hold debt linked to short-term rates, such as adjustable-rate mortgages (ARMs). Using registry-based data, which is broadly representative of Swedish households, we find substantial heterogeneity in consumption responses to changes in monetary policy. LÄS MER
5. Essays on fiscal policy, growth and the importance of family altruism
Sammanfattning : This thesis consists of three self-contained essays.ESSAY I The Swedish tax system of 1991 and its effects on welfare and economic growth are analysed within two different, commonly used growth models. Not surprisingly, the results turn out to be fairly sensitive to the model structure. LÄS MER
