Header

UZH-Logo

Maintenance Infos

On the interaction between risk sharing and capital accumulation in a stochastic OLG model with production


Barbie, Martin; Hagedorn, M; Kaul, A (2007). On the interaction between risk sharing and capital accumulation in a stochastic OLG model with production. Journal of Economic Theory, 137(1):568-579.

Abstract

We analyze the interaction between risk sharing and capital accumulation in a stochastic OLG model with production. We give a complete characterization of interim Pareto optimal competitive equilibrium allocations. Furthermore, we provide
tests of Pareto optimality/suboptimality based on (risky) rates of return only.

Abstract

We analyze the interaction between risk sharing and capital accumulation in a stochastic OLG model with production. We give a complete characterization of interim Pareto optimal competitive equilibrium allocations. Furthermore, we provide
tests of Pareto optimality/suboptimality based on (risky) rates of return only.

Statistics

Citations

2 citations in Web of Science®
2 citations in Scopus®
Google Scholar™

Altmetrics

Downloads

234 downloads since deposited on 20 Jul 2009
22 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Language:English
Date:2007
Deposited On:20 Jul 2009 04:53
Last Modified:06 Dec 2017 20:09
Publisher:Elsevier
ISSN:0022-0531
Publisher DOI:https://doi.org/10.1016/j.jet.2007.01.012

Download

Download PDF  'On the interaction between risk sharing and capital accumulation in a stochastic OLG model with production'.
Preview
Content: Accepted Version
Filetype: PDF
Size: 1MB
View at publisher