Risk Sorting, Portfolio Choice, and Endogenous Informal Insurance
收藏NBER2014-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20429
下载链接
链接失效反馈官方服务：
资源简介：
Heterogeneously risk-averse individuals who lack access to formal insurance build and use relationships with each other to manage risk. I study the formation of these relationships. I show that the composition of equilibrium groups under pairwise matching and when group size is endogenous is
提供机构：
美国国家经济研究局
创建时间：
2014-08-01
