Results 11 to 20 of about 5,018,421 (303)
Political intergenerational risk sharing [PDF]
Journal of Public Economics, 2010 Abstract In a stochastic two-period OLG model, featuring an aggregate shock to the economy, ex-ante optimality requires intergenerational risk sharing. We compare the level of intergenerational risk sharing chosen by a benevolent government and by an office-seeking politician.
M. D'Amato, GALASSO, VINCENZO
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Applying Risk-Sharing to Mitigate Economic Consequences of the COVID-19 Pandemic
European 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
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Energies, 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
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Intergenerational risk sharing [PDF]
Journal 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.
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Risk Sharing and Contagion in Networks [PDF]
The 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
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Optimal Risk Sharing in Society
Mathematics, 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
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Risk-sharing in Energy Communities
SSRN Electronic Journal, 2023 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Abada, Ibrahim +2 more
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Risk Sharing and Network Formation [PDF]
American Economic Review, 2007 In this paper we examine whether risk sharing networks are formed so as to maximize the mutual gains from pooling income risk. The bene t from risk pooling is largest when households have different income pro les - e.g., different occupations - and are subjected to di¤erent sources of risk - e.g., live far apart.
Gubert, Flore, Fafchamps, Marcel
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Social Security and Risk Sharing [PDF]
SSRN Electronic Journal, 2006 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Gottardi, Piero, Kübler, Felix
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A Discussion of a Risk-Sharing Pension Plan
Risks, 2017 I show that risk-sharing pension plans can reduce some of the shortcomings of defined benefit and defined contributions plans. The risk-sharing pension plan presented aims to improve the stability of benefits paid to generations of members, while ...
Catherine Donnelly
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