Consumption and Labor Supply with Partial Insurance: An Analytical Framework
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https://www.nber.org/papers/w15257
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资源简介:
This paper studies consumption and labor supply in a model where agents have partial insurance and face risk and initial heterogeneity in wages and preferences. Equilibrium allocations and variances and covariances of wages, hours and consumption are solved for analytically. We prove that all
提供机构:
美国国家经济研究局
创建时间:
2009-08-01



