502 citations
- IZA - Institute of Labor EconomicsDE4 papers
- Center for Economic and Policy ResearchUS3 papers
- University of St.GallenCH3 papers
- Institut für Arbeitsmarkt und BerufsforschungDE2 papers
- London Business SchoolGB2 papers
- London School of Economics and Political ScienceGB2 papers
- Tilburg UniversityNL2 papers
- Toulouse School of EconomicsFR2 papers
- Ca' Foscari University of VeniceIT1 paper
- Capital Fund Management (France)FR1 paper
- Central European University - Budapest Campus1 paper
- Centre de Recherche en Économie et StatistiqueFR1 paper
19 papers
Intergenerational Insurance
Francesco Lancia, Alessia Russo, Tim Worrall
How should successive generations insure each other when the young can default on previously promised transfers to the old? This paper studies intergenerational insurance that maxi…
The Rise of Age-Friendly Jobs
Daron Acemoglu, Nicolaj Søndergaard Mühlbach, Andrew J. Scott
In 1990, one in five U.S. workers were aged over 50 years whereas today it is one in three. One possible explanation for this is that occupations have become more accommodating to…
Optimal allocations to heterogeneous agents with an application to stimulus checks
Vegard M. Nygaard, Bent E. Sørensen, Fan Wang
A planner allocates discrete transfers of size to heterogeneous groups labeled and has CES preferences over the resulting outcomes, . We derive a closed-for…
Investment Timing and Technological Breakthroughs
Jean-Paul Décamps, Fabien Gensbittel, Thomas Mariotti
We study the optimal investment policy of a firm facing both technological and cash-flow uncertainty. At any point in time, the firm can decide to invest in a standalone technology…
The Origination and Distribution of Money Market Instruments: Sterling Bills of Exchange during the First Globalization
Olivier Accominotti, Delio Lucena-Piquero, Stefano Ugolini
This paper presents a detailed analysis of how liquid money market instruments -- sterling bills of exchange -- were produced during the first globalisation. We rely on a unique da…
Personality Traits and the Marriage Market
Arnaud Dupuy, Alfred Galichon
Which and how many attributes are relevant for the sorting of agents in a matching market? This paper addresses these questions by constructing indices of mutual attractiveness tha…