The effects of irreversibility and uncertainty on capital accumulation

Article Abstract:

The economics of capital accumulation in relation to uncertainty and irreversibility are analyzed. The hangover effect and the user cost of capital are emphasized. Firms apply a higher user cost of capital to investment decisions when investment is irreversible.

Methods, Risk (Economics), Capital investments, Capital formation, Uncertainty

---

Unemployment insurance and capital accumulation

Article Abstract:

A model economy is analyzed with its components of production, search and unemployment insurance. It is observed that activities decrease because of unemployment insurance and if the welfare gains are removed only very poor and unemployed are likely to suffer.

Unemployment Insurance, Social service, Social welfare

---

Risk sharing across generations without publicly owned equities

Article Abstract:

Risk sharing strategies and investing options for the United States Social Security Trust Fund are presented.

Management dynamics, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Social Security, Management, Company business management, Financial risk

Similar abstracts:

• Abstracts: Welfare effects of strategic price setting in anticipation of price regulation. Welfare and monetary precommitment in an economy with menu costs and unionized wage setting
• Abstracts: Investment irreversibility and finance constraints. Factor price uncertainty, technology choice and investment delay
• Abstracts: Corporate lobbying and commitment failure in capital taxation. Policy gambles
• Abstracts: The timing and value of forecast and recommendation revisions. Value creation and corporate diversification: the case of Sears, Roebuck and Co
• Abstracts: Business portfolio restructuring, prior diversification posture and investor reactions. Competing in groups

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.