Insuring Consumption Using Income-Linked Assets
收藏NBER2010-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15829
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资源简介：
Shiller (2003) and others have argued for the creation of financial instruments that allow individuals to insure risks associated with their lifetime labor income. In this paper, we argue that while the purpose of such assets is to smooth consumption across states of nature, one must also consider
提供机构：
美国国家经济研究局
创建时间：
2010-03-01
