Intergenerational conflict and international risk sharing

Fil: Gonzalez-Eiras, Martín. Universidad de San Andrés. Departamento de Economía; Argentina.

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Autor principal: Gonzalez-Eiras, Martín
Formato: Documento de Trabajo Documento de trabajo draft
Lenguaje:Inglés
Publicado: Universidad de San Andrés. Departamento de Economía 2016
Acceso en línea:http://hdl.handle.net/10908/11930
http://hdl.handle.net/10908/11930
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Repositorio Digital - Universidad de San Andrés (UdeSa) de Universidad de San Andrés
id I37-R143-10908-11930
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spelling I37-R143-10908-119302022-10-25T01:03:03Z Intergenerational conflict and international risk sharing Gonzalez-Eiras, Martín Fil: Gonzalez-Eiras, Martín. Universidad de San Andrés. Departamento de Economía; Argentina. Existing models of foreign debt and insurance capacityas sume that the costs and benefits of default are evenlydistributed across agents in the defaulting country. To studyho w tensions among different groups inside a countryaffect its sovereign risk management I consider an economyw hose agents differ in their life spans. This makes the cost and benefits of default to be different across generations. The countryis able to come up with a positive level of insurance bylink ing intergenerational transfers to the default decision of its citizens. This results is found both for the case of a Ramseyplanner who cares for all present and future generations, and when decisions are taken by majorityv ote among living generations. 2016-12-27T19:42:43Z 2016-12-27T19:42:43Z 2010-09 Documento de Trabajo info:eu-repo/semantics/workingPaper info:ar-repo/semantics/documento de trabajo info:eu-repo/semantics/draft http://hdl.handle.net/10908/11930 http://hdl.handle.net/10908/11930 eng Documento de trabajo (Universidad de San Andrés. Departamento de Economía);106 info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf Universidad de San Andrés. Departamento de Economía
institution Universidad de San Andrés
institution_str I-37
repository_str R-143
collection Repositorio Digital - Universidad de San Andrés (UdeSa)
language Inglés
description Fil: Gonzalez-Eiras, Martín. Universidad de San Andrés. Departamento de Economía; Argentina.
format Documento de Trabajo
Documento de trabajo
Documento de trabajo
draft
author Gonzalez-Eiras, Martín
spellingShingle Gonzalez-Eiras, Martín
Intergenerational conflict and international risk sharing
author_facet Gonzalez-Eiras, Martín
author_sort Gonzalez-Eiras, Martín
title Intergenerational conflict and international risk sharing
title_short Intergenerational conflict and international risk sharing
title_full Intergenerational conflict and international risk sharing
title_fullStr Intergenerational conflict and international risk sharing
title_full_unstemmed Intergenerational conflict and international risk sharing
title_sort intergenerational conflict and international risk sharing
publisher Universidad de San Andrés. Departamento de Economía
publishDate 2016
url http://hdl.handle.net/10908/11930
http://hdl.handle.net/10908/11930
work_keys_str_mv AT gonzalezeirasmartin intergenerationalconflictandinternationalrisksharing
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