Now showing items 1-6 of 6

  • Heathcote, Jonathan; Storesletten, Kjetil; Violante, Giovanni l. (Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2014)
    We develop a model with partial insurance against idiosyncratic wage shocks to quantify risk sharing. Closed-form solutions are obtained for equilibrium allocations and for moments of the joint distribution of consumption, ...
  • Storesletten, Kjetil; Heathcote, Jonathan; Violante, Giovanni l. (Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2017)
    We study the impact of the rise in female labor supply on the economic performance of the United States over the period 1967–2002 through the lens of a calibrated structural model. The model features all the key forces ...
  • Heathcote, Jonathan; Storesletten, Kjetil; Violante, Giovanni l. (Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2017)
    What shapes the optimal degree of progressivity of the tax and transfer system? On the one hand, a progressive tax system can counteract inequality in initial conditions and substitute for imperfect private insurance against ...
  • Nyborg, Karine; Harstad, Bård Gjul; Holden, Steinar; Nilssen, Tore; Storesletten, Kjetil (Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2019)
    Securing open access to research will not remove the fundamental problem that commercial publishers have substantial market power. Thus, even if Plan S is successful, large commercial publishers are likely to put financial ...
  • Storesletten, Kjetil; Song, Zheng; Wang, Yikai; Zilibotti, Fabrizio (Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2015)
    We analyze intergenerational redistribution in emerging economies with the aid of an overlapping generations model with endogenous labor supply. Growth is initially high but declines over time. A version of the model ...
  • Muller, A; Storesletten, Kjetil; Zilibotti, Fabrizio (Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2019)
    We construct a dynamic theory of sovereign debt and structural reforms with limited enforcement and moral hazard. A sovereign country in recession wishes to smooth consumption. It can also undertake costly reforms to speed ...