Browsing Department of Economics (ECO) by Author "BROER, Tobias"

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Browsing Department of Economics (ECO) by Author "BROER, Tobias"

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    Title: Heterogeneous Individuals in the International Economy  Author(s): BROER, Tobias Date: 2009 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: Does financial globalisation increase inequality? Should households with little financial wealth still hold foreign assets? Are consumption patterns of low income earners more dispersed than those of the rich? Do aggregate ...
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    Title: Stationary Equilibrium Distributions in Economies with Limited Commitment  Author(s): BROER, Tobias Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Limited commitment to contracts can explain imperfect risk sharing even when individuals have access to complete insurance markets. Past contributions have focused on the resulting cross-sectional distribution of consumption ...
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    Title: The Home Bias of the Poor: Terms of Trade Effects and and Portfolios across the Wealth Distribution  Author(s): BROER, Tobias Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Wealthier people generally hold a larger part of their savings in risky assets. Using the US Survey of Consumer Finances, I show that wealthier households also have a higher portfolio share of foreign assets. This ...