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Browsing Working Papers by Subject "D58"
Now showing items 1-4 of 4
Title:Recursive Contracts
Author(s):MARCET, Albert; MARIMON, RamonDate:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We obtain a recursive formulation for a general class of contracting problems involving incentive constraints. These constraints make the corresponding maximization sup problems non-recursive. Our approach consists of ...
Title:Co-evolutionary Dynamics and Bayesian Interaction Games
Author(s):STAUDIGL, MathiasDate:2010Type of Publication:Working PaperSeries/Report no.:EUI MWP;2010/35Abstract:In a Bayesian interaction game players have diverse preferences and are randomly matched according to an inhomogeneous random graph. A co-evolutionary process of networks and play gives a dynamic formalism for the joint ...
Title:Social Security and Risk Sharing
Author(s):GOTTARDI, Piero; KUBLER, FelixDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Social Security and Risk Sharing
Piero Gottardi
Felix Kubler
Abstract
In this paper we identify conditions under which the introduction of a pay-as-you-go social security system is ex-ante Pareto-improving in a stochastic ...
Title:Accounting for the Changing Role of Family Income in Determining College Entry
Author(s):WINTER, ChristophDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Assessing the importance of borrowing constraints for college entry is key for education
policy analysis in the U.S. economy. I present a computable dynamic general
equilibrium model with overlapping generations and ...