Limited Participation and Consumption-Saving Puzzles: A Simple Explanation and the Role of Insurance
Author(s) -
Todd A. Gormley,
Hong Liu,
Guofu Zhou
Publication year - 2009
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.891747
Subject(s) - simple (philosophy) , consumption (sociology) , actuarial science , economics , econometrics , business , microeconomics , sociology , philosophy , epistemology , social science
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom