Martin S Eichenbaum
Biographic Data
| ID | 1454512 |
|---|---|
| NAME | Martin S Eichenbaum |
| GIVEN NAMES | Martin S |
| FAMILY NAME | Eichenbaum |
| SIGNATURE | EICHENBAUM M S |
| AFFILIATIONS | Martin S. Eichenbaum is the Charles Moskos Professor of Economics, Northwestern University, Evanston, Illinois. |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 4 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1987 |
| LATEST PUBLICATION YEAR | 2018 |
| H-INDEX | 1 |
On DSGE Models
The outcome of any important macroeconomic policy change is the net effect of forces operating on different parts of the economy. A central challenge facing policymakers is how to assess the relative strength of those forces. Economists have a range of tools that can be used to make such assessments. Dynamic stochastic general equilibrium (DSGE) models are the leading tool for making such assessments in an open and transparent manner. We review t…
Capital Accumulation and Annuities in an Adverse Selection Economy
This paper suggests that adverse selection problems in competitive annuity markets can generate quantity-constrained equilibria in which some agents, whose length of lifetime is uncertain, find it advantageous to accumulate capital privately. This occurs despite the higher rates of return on annuities. The welfare properties of these allocations are analyzed. It is shown that the level of capital accumulation is excessive in a Paretian sense. Pol…
On DSGE Models
The outcome of any important macroeconomic policy change is the net effect of forces operating on different parts of the economy. A central challenge facing policymakers is how to assess the relative strength of those forces. Economists have a range of tools that can be used to make such assessments. Dynamic stochastic general equilibrium (DSGE) models are the leading tool for making such assessments in an open and transparent manner. We review t…
Capital Accumulation and Annuities in an Adverse Selection Economy
This paper suggests that adverse selection problems in competitive annuity markets can generate quantity-constrained equilibria in which some agents, whose length of lifetime is uncertain, find it advantageous to accumulate capital privately. This occurs despite the higher rates of return on annuities. The welfare properties of these allocations are analyzed. It is shown that the level of capital accumulation is excessive in a Paretian sense. Pol…
On DSGE Models
The outcome of any important macroeconomic policy change is the net effect of forces operating on different parts of the economy. A central challenge facing policymakers is how to assess the relative strength of those forces. Economists have a range of tools that can be used to make such assessments. Dynamic stochastic general equilibrium (DSGE) models are the leading tool for making such assessments in an open and transparent manner. We review t…
Economic theories and models (2 works) · Economics (2 works) · Actuarial science (1 work) · Adverse selection (1 work) · Criticism (1 work) · Debt (1 work) · Dynamic stochastic general equilibrium (1 work) · Economic Theory and Policy (1 work) · Finance (1 work) · Finance (1 work)