Browsing ECO Working Papers by Subject "Wealth and Consumption Distribution"

DSpace/Manakin Repository

Browsing ECO Working Papers by Subject "Wealth and Consumption Distribution"

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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 ...