Risk-sharing in heterogenous agent models with incomplete markets
This thesis examines the impact of different risk sharing arrangements under incomplete financial markets on macroeconomic outcomes. The first two chapters are joint work with Giacomo Rodano. In the first chapter, we examine the effects of Chapter 7 of the US bankruptcy law on entrepreneurs. The lat...
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London School of Economics and Political Science (University of London)
2010
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.511716 |