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The Effectiveness of Consumption Taxes and Transfers as Insurance against Idiosyncratic Risk

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Nakajima, Tomoyuki, Takahashi, ShuheiUTokyo Price Project2017-03JSPS Grants-in-Aid for Scientific Research (S) Understanding Persistent Deflation in Japan Working Paper Series092

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Subject Heading...ion inequality Indivisible labor Incomplete markets

The Effectiveness of Consumption Taxes and Transfers as Insurance against Idiosyncratic Risk

Digital文書・図像類

Nakajima, Tomoyuki, Takahashi, ShuheiInstitute of Economic Research, Kyoto University2016-02-05KIER Discussion Paper933

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Summary, etc.... wage risk and indivisible labor. The model is calibrated to t...
Subject Heading...ion inequality Indivisible labor Incomplete markets

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