Results 11 to 20 of about 625,295 (258)

Globalization and Risk Sharing [PDF]

open access: yesThe Review of Economic Studies, 2006
The goal of this paper is to study the effects of globalization on risk sharing. We consider risk sharing with respect to both individual shocks - or domestic risk sharing - and to regional shocks - or international risk sharing. We adopt a technological view of globalization, which consists of an exogenous increase in the fraction of goods that can be
Fernando Broner, Jaume Ventura
openaire   +8 more sources

Applying Risk-Sharing to Mitigate Economic Consequences of the COVID-19 Pandemic

open access: yesEuropean Journal of Islamic Finance, 2020
The COVID-19 pandemic is expected to have a severe socio-economic impact with significant losses of GDP and high unemployment rates. As a result, governments worldwide are attempting to mitigate these impacts through government intervention.
Ahmed Badreldin
doaj   +1 more source

An Analysis of Industrial Policy Mechanisms to Support Commercial Deployment of Bitumen Partial Upgrading in Alberta

open access: yesEnergies, 2023
Partial upgrading of bitumen (PUB) improves the quality (increases the value) of crude oil from bituminous sands to the level where pipeline specifications are met without—or with reduced use of—costly diluent.
Garret Kent Fellows   +2 more
doaj   +1 more source

Intergenerational risk sharing [PDF]

open access: yesJournal of Public Economics, 1988
Abstract In this paper we examine government debt and tax-transfer policies that can be improve the allocation of risk between generations. Markets cannot allocate risk efficiently between two generations whenever the two generations are not both alive prior to the occurence of a stochastic event.
Gordon, Roger H., Varian, Hal R.
openaire   +3 more sources

Risk Sharing and Contagion in Networks [PDF]

open access: yesThe Review of Financial Studies, 2014
The aim of this paper is to investigate how the capacity of an economic system to absorb shocks depends on the specific pattern of interconnections established among financial firms. The key trade-off at work is between the risk-sharing gains enjoyed by firms when they become more interconnected and the large-scale costs resulting from an increased ...
Cabrales, Antonio   +2 more
openaire   +12 more sources

Optimal Risk Sharing in Society

open access: yesMathematics, 2022
We consider risk sharing among individuals in a one-period setting under uncertainty that will result in payoffs to be shared among the members. We start with optimal risk sharing in an Arrow–Debreu economy, or equivalently, in a Borch-style reinsurance ...
Knut K. Aase
doaj   +1 more source

Risk-sharing in Energy Communities

open access: yesSSRN Electronic Journal, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Abada, Ibrahim   +2 more
openaire   +1 more source

Risk Sharing in Labor Markets [PDF]

open access: yesSSRN Electronic Journal, 2003
Empirical work in labour economics has focused on rent sharing as an explanation for the observed correlation in cross-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested.
Bigsten, Arne   +11 more
openaire   +6 more sources

Social Security and Risk Sharing [PDF]

open access: yesSSRN Electronic Journal, 2006
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Gottardi, Piero, Kübler, Felix
openaire   +7 more sources

Mutuals on the Move: Exclusion Processes in the Welfare State and the Rediscovery of Mutualism

open access: yesSocial Inclusion, 2020
Declining welfare states and increasing privatization of the insurance sector are leaving an increasing number of people, particularly in Europe, without insurance.
Eva Vriens, Tine De Moor
doaj   +1 more source

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