| アイテムタイプ |
デフォルトアイテムタイプ（フル）その２(1) |
| 公開日 |
2017-05-20 |
| タイトル |
|
|
タイトル |
Time-Varying Employment Risks and Consumption: A Quantitative General Equilibrium Study |
|
言語 |
en |
| 作成者 |
楡井, 誠
Sarker, Sanjib
|
| 寄与者 |
|
|
寄与者タイプ |
Editor |
|
|
姓名 |
Institute of Innovation Research, Hitotsubashi University |
|
|
言語 |
en |
| アクセス権 |
|
|
アクセス権 |
open access |
|
アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
Time-varying idiosyncratic risk |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
employment risk |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
precautionary savings |
| 主題 |
|
|
主題Scheme |
Other |
|
主題 |
regime-switching fiscal policy |
| 内容記述 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
This paper quantifies the effect of time-varying employment risks on the fluctuations of aggregate consumption in a dynamic general equilibrium with incomplete markets. A government's redistribution policy through provision of unemployment insurance can cause a positive correlation between aggregate consumption and government's payments due to precautionary savings effects. The underlying mechanism is that a reduction of unemployment risk increases expected lifetime income substantially across a wide range of asset-holding groups when the risk reduction is sufficiently persistent. By contrast, the correlation between consumption and government becomes negative when government intervention hampers supply of goods. |
|
言語 |
en |
| 出版者 |
|
|
出版者 |
Institute of Innovation Research, Hitotsubashi University |
| 日付 |
|
|
日付 |
2008-09 |
|
日付タイプ |
Issued |
| 言語 |
|
|
言語 |
eng |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
|
資源タイプ |
technical report |
| 出版タイプ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 関連情報 |
|
|
関連タイプ |
isPartOf |
|
|
関連名称 |
IIR Working Paper ; No. 08-04 |
| ページ数 |
|
|
ページ数 |
46 |
| JEL |
|
|
値 |
E21 |
| JEL |
|
|
値 |
E62 |
070iirWP08_04.pdf (6775129 bytes)
