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earnings dynamics, income shocks, insurance, wages, hours, higher-order earnings risk, skewness, kurtosis, machine learning
Environmental conservation, sovereign debt, sustainability-linked bonds, default, hyperbolic discounting, time inconsistency.
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income distribution, labor supply, partial insurance, progressivity, skill investment, valued government expenditures, welfare
austerity programs, debt overhang, default, European debt crisis, fiscal policy, Great Recession, Greece, International Monetary Fund, limited commitment, moral hazard, renegotiation, risk premia, sovereign debt, structural reforms
This is a National Bureau of Economic Research Paper. NBER charges a fee of $5.00 for this paper.
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Fiscal discipline, Fiscal policy, General equilibrium, Government debt, High debt in Greece and Italy, Intergenerational conflict, Markov equilibrium, Political economy, Public goods, Repeated voting
China, Credit market imperfections, Demographic transition, Economic growth, Fully funded system, Inequality, Intergenerational redistribution, Labor supply, Migration, Pensions, Poverty
