Potsdam
Germany
Potsdam-Institut für Klimafolgenforschung (PIK)
External debt, Current Account Imbalances, Debt sustainability, Public/Private wealth, NMPC, Intertemporal model
short-termism, discounting, systematic risk, decreasing absolute risk-aversion, long-term projects, illiquid assets, optimal portfolio
Costly acquisition of information, active learning, familiarity bias, underinvestment