Intra-Household Insurance and the Intergenerational Transmission of Income Risk
This paper aims to quantify the mechanisms and the extent to which parental wage risk passes through to children’s skill development.
We study a model where Becker meets Diamond-Mortensen-Pissarides and Bewley-Huggett-Aiyagari.
Jincheng (Eric) Huang
Income Tax Progressivity: A Cross-Country Comparison
The introduction of recall options provides a novel mechanism that reconciles the puzzle of a positive comovement between separation and job finding rate over the life cycle.