Concept

Théorie du revenu permanent

Publications associées (25)

Plasma rotation and momentum transport studies in the TCV tokamak based on charge exchange spectroscopy measurements

Thermonuclear controlled fusion research is a highly active branch of plasma physics. The main goal is the production of energy from the fusion reaction of hydrogen isotope nuclei, the same reaction that powers stars. The most promising present approach ar ...

EPFL2009

Voting on the Environment: Price or Ideology? Evidence from Swiss Referendums

Nicholas Bornstein

Studies on preferences for environmental quality usually posit that price and income explain most of the observed choices. However, we argue that conceptions of social norms and the common good are equally important when analyzing environmental voting outc ...

2008

The Structure of Optimal Consumption Streams in General Incomplete Markets

Semyon Malamud

We prove that for any incomplete market and any concave utility function the marginal propensities to consume and to save are always positive. Furthermore, we intro- duce a class of incomplete markets that includes almost all well known examples of market ...

2007

Monetary-Fiscal Interactions with a Conservative Central Bank

Luisa Lambertini

Abstract We study macroeconomic stabilization when monetary and fiscal policies interact via their effects on output and inflation and the monetary authority is more conservative than the fiscal. We find that monetary- fiscal interactions result in poor ma ...

2006

Endogenous Debt Constraints in Lifecycle Economies

Luisa Lambertini

We characterize competitive equilibria with perfect foresight in a deterministic, three-period pure-exchange overlapping generations economy with perfect information and no commitment to loan contracts. Commitment is replaced by an enforcement mechanism th ...

Wiley-Blackwell2003

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