default author photo

Rocio Madera

Southern Methodist University (SMU) - Department of Economics

SCHOLARLY PAPERS

8

DOWNLOADS

317

TOTAL CITATIONS

12

Scholarly Papers (8)

1.

The Self-Employment Option in Rigid Labor Markets: An Empirical Investigation

FRB International Finance Discussion Paper No. 1264
Number of pages: 52 Posted: 27 Nov 2019 Last Revised: 29 Apr 2020
Joaquin Garcia-Cabo and Rocio Madera
Board of Governors of the Federal Reserve System and Southern Methodist University (SMU) - Department of Economics
Downloads 67 (899,324)
Citation 1

Abstract:

Loading...

Self-employment, Business cycles, Unemployment, Employment protection

2.

Self-Employment Promotion as Active Labor Market Policy: Design and Trade-Offs in Rigid Labor Markets

Number of pages: 11 Posted: 02 Jul 2025 Last Revised: 21 Nov 2025
Rocio Madera, Joaquin Garcia-Cabo and Zoe Xie
Southern Methodist University (SMU) - Department of Economics, Board of Governors of the Federal Reserve System and World Bank
Downloads 66 (924,743)

Abstract:

Loading...

Active Labor Market Policy, Unemployment Insurance, Self-Employment, Rigid Labor Markets

Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk

CESifo Working Paper No. 11135
Number of pages: 55 Posted: 10 Jun 2024
Fatih Guvenen, Serdar Ozkan and Rocio Madera
University of Minnesota - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Southern Methodist University (SMU) - Department of Economics
Downloads 41 (1,224,220)
Citation 3

Abstract:

Loading...

idiosyncratic earnings risk, higher-order earnings risk, non-Gaussian shocks, incomplete markets models, consumption insurance

Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk

NBER Working Paper No. w32298
Number of pages: 54 Posted: 08 Apr 2024
Fatih Guvenen, Serdar Ozkan and Rocio Madera
University of Minnesota - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Southern Methodist University (SMU) - Department of Economics
Downloads 24 (1,445,011)

Abstract:

Loading...

4.

Does Self-Employment Pay? The Role of Unemployment and Earnings Risk

CESifo Working Paper No. 11136
Number of pages: 48 Posted: 10 Jun 2024
Joaquin Garcia-Cabo and Rocio Madera
Board of Governors of the Federal Reserve System and Southern Methodist University (SMU) - Department of Economics
Downloads 60 (989,921)

Abstract:

Loading...

self-employment, segmented labor markets, earnings risk, income process

5.

Asymmetric Business-Cycle Risk and Social Insurance

NBER Working Paper No. w24569
Number of pages: 73 Posted: 07 May 2018 Last Revised: 18 Feb 2023
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), University of Minnesota - Department of Economics, Stockholm School of Economics - Department of Economics and Southern Methodist University (SMU) - Department of Economics
Downloads 32 (1,290,922)
Citation 7

Abstract:

Loading...

6.

The Nonlinear Consumption Response to Income Risk: The Role of Tail Changes and Durables

Number of pages: 50 Posted: 09 Oct 2025
Rocio Madera
Southern Methodist University (SMU) - Department of Economics
Downloads 15 (1,509,872)

Abstract:

Loading...

Idiosyncratic income risk, marginal propensity to consume, consumption insurance, durable consumption, non-Gaussian shocks

7.

The Value of Public Insurance Against Idiosyncratic Income Risk: A Variance-Adjustment Statistic

CESifo Working Paper No. 12467
Number of pages: 51 Posted: 12 Feb 2026
Christopher Busch and Rocio Madera
Ludwig Maximilian University of Munich (LMU) and Southern Methodist University (SMU) - Department of Economics
Downloads 9 (1,555,090)

Abstract:

Loading...

tax and transfer system, partial insurance, incomplete markets

8.

Income Contingent University Loans: Policy Design and an Application to Spain

CEPR Discussion Paper No. DP13038
Number of pages: 37 Posted: 09 Jul 2018
University College London - Department of Economics, University of Edinburgh, Southern Methodist University (SMU) - Department of Economics and Foundation for Applied Economic Research (FEDEA)
Downloads 3 (1,579,934)
Citation 1
  • Add to Cart

Abstract:

Loading...

Income contingent loans, progressivity, university quality