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Volumn 11, Issue 4, 2008, Pages 761-780

Heterogeneous risk preferences and the welfare cost of business cycles

Author keywords

Business cycles; Heterogeneity; Risk aversion; Risk sharing

Indexed keywords


EID: 52149098792     PISSN: 10942025     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.red.2008.01.003     Document Type: Article
Times cited : (14)

References (15)
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  • 2
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    • The cost of business cycles under endogenous growth
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  • 3
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    • Barro, R.J., 2007. On the welfare costs of consumption uncertainty. Manuscript, Harvard University
    • Barro, R.J., 2007. On the welfare costs of consumption uncertainty. Manuscript, Harvard University
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    • Preference parameters and behavioral heterogeneity: An experimental approach in the Health and Retirement Study
    • Barsky R.B., Juster F.T., Kimball M.S., and Shapiro M.D. Preference parameters and behavioral heterogeneity: An experimental approach in the Health and Retirement Study. Quarterly Journal of Economics 112 2 (1997) 537-579
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  • 5
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    • Blundell, R., Pistaferri, L., Preston, I., 2006. Consumption inequality and partial insurance. Manuscript, University College London and Stanford University
    • Blundell, R., Pistaferri, L., Preston, I., 2006. Consumption inequality and partial insurance. Manuscript, University College London and Stanford University
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    • The bootstrap
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    • Horowitz J.L. The bootstrap. In: Heckman J.J., and Leamer E. (Eds). Handbook of Econometrics, vol. V (2001), Elsevier, Amsterdam 3159-3228
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    • Horowitz, J.L.1
  • 9
    • 0032451887 scopus 로고    scopus 로고
    • Income and wealth heterogeneity in the macroeconomy
    • Krusell P., and Smith Jr. A.A. Income and wealth heterogeneity in the macroeconomy. Journal of Political Economy 106 5 (1998) 867-896
    • (1998) Journal of Political Economy , vol.106 , Issue.5 , pp. 867-896
    • Krusell, P.1    Smith Jr., A.A.2
  • 10
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    • On the welfare effects of eliminating business cycles
    • Krusell P., and Smith Jr. A.A. On the welfare effects of eliminating business cycles. Review of Economic Dynamics 2 1 (1999) 245-272
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    • Evaluating risky consumption paths: The role of intertemporal substitutability
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    • Ramey, G., Ramey, V.A., 1991. Technology commitment and the cost of economic fluctuations. Working paper No. 3755, National Bureau of Economic Research
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    • Schulhofer-Wohl, S., 2007. Heterogeneity, risk sharing and the welfare costs of idiosyncratic risk. Manuscript, Princeton University
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    • The theory of syndicates
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* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.