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Stochastic OLG model
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dynamic efficiency
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government debt
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interim pareto optimality
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macroeconomic risk
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maturity structure
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Institute for the Study of Labor (IZA)
CESifo
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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Center for European, Governance and Economic Development Research (CeGE), Wirtschaftswissenschaftliche Fakultät
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Center for Globalization and Europeanization of the Economy (CeGE), Georg-August-Universität
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Institut für Finanzmarktforschung, Wirtschafts- und Sozialwissenschaftliche Fakultät
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1
Government Debt as Insurance against
Macroeconomic
Risk
Barbie, Martin
;
Hagedorn, Marcus
;
Kaul, Ashok
-
Institute for the Study of Labor (IZA)
-
2001
generation. This kind of dynamic risk-sharing can provide insurance against
macroeconomic
risk
. Using the widespread welfare …
Persistent link: https://www.econbiz.de/10005763659
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