Search for financial returns and social security privatization


I develop a general equilibrium model in which the quality of household financial decisions is endogenously determined by the incentives to exert effort in learning about financial opportunities. The model generates predictions for asset market participation and returns across households. Moreover, search for financial returns enables the model to generate… (More)


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Citations per Year

Citation Velocity: 5

Averaging 5 citations per year over the last 3 years.

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