2 papers
q-fin.MF2026
Universal basic income in a financial equilibrium
Kim Weston
Universal basic income (UBI) is a tax scheme that uniformly redistributes aggregate income amongst the entire population of an economy. We prove the existence of an equilibrium in…
q-fin.MF2025
Radner equilibrium with population growth
Jin Hyuk Choi, Kim Weston
We prove the existence of a Radner equilibrium in a model with population growth and analyze the effects on asset prices. A finite population of agents grows indefinitely at a Pois…