Wealth transfers and the role of collateral when lifetimes are uncertain
type: Item
instance of: scholarly article
title: Wealth transfers and the role of collateral when lifetimes are uncertain
zbMATH Open document ID: 1147.91040
author: Abdelkrim Seghir
author: Juan Pablo Torres-Martínez
published in: Economic Theory
publication date: 2008-07-30T00:00:00Z
full work available at URL: http://hdl.handle.net/10419/176010
review text: This paper develops a general equilibrium model of wealth transfer in the presence of uncertain lifetimes and default. Without introducing exogeneous debt constraints, agents are allowed to make collateral-backed promises at any state of their life span.
reviewed by: Klaus Ehemann
Mathematics Subject Classification ID: 91B50
zbMATH DE Number: 5306275
zbMATH Keywords: uncertain lifetimes
zbMATH Keywords: collaterialized assets
zbMATH Keywords: equilibrium
zbMATH Keywords: donations
zbMATH Keywords: bequests
zbMATH Keywords: will
MaRDI profile type: Publication
OpenAlex ID: W2075948896
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DOI: 10.1007/S00199-007-0282-Z
description: scientific article; zbMATH DE number 5306275