Self-insurance vs. self-financing: A welfare analysis of the persistence of shocks

Journal of Economic Theory

Volumn 146, Issue 3, 2011, Pages 845-862

  Buera, Francisco J ^a,b   Shin, Yongseok ^c,d  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c WASHINGTON UNIVERSITY   (United States)

^d FEDERAL RESERVE BANK OF ST LOUIS   (United States)

Author keywords

Incomplete market; Self financing; Self insurance; Shock persistence

Indexed keywords

EID: 79956299025     PISSN: 00220531     EISSN: 10957235     Source Type: Journal    
DOI: 10.1016/j.jet.2011.01.003     Document Type: Article

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