Excel Sheet for "Consumption With Uncertainty and Financial Markets for Insurance and Saving/Borrowing"

Nick Guo () and John Gilbert

Excel Models for Macroeconomics from Utah State University, Department of Economics and Finance

Abstract: We introduce markets for insurance and saving and borrowing at the same time, allowing the consumer to allocate their income across both time and states. We can compare with Parts III, IV and V to show how economic wellbeing can be further improved by more complete financial markets, and can explore the interplay between saving/borrowing and insuring for various preferences and economic circumstances. The model is described in Guo and Gilbert (2014) "Demystifying Financial Markets for Saving and Insurance With Numerical Models" Journal of Economic Education.

Language: executable
Requires: Excel
Keywords: Excel; NLP; Macro (search for similar items in EconPapers)
Date: 2013-09-30
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Downloads: (external link)
https://repec.bus.usu.edu/RePEc/uth/exlmac/Part_VI.xlsx

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Persistent link: https://EconPapers.repec.org/RePEc:uth:exlmac:201306

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