Browsing Department of Economics by Author "Matsen, Egil"
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Designing social security : a portfolio choice approach
Matsen, Egil; Thøgersen, Øystein (Discussion paper, Working paper, 2001-10)Public social security systems may provide diversification of risks to individuals’ life-time income. Capturing that a pay-as-you-go program (paygo) may be considered as a “quasiasset”, we study the optimal size of the ... -
Essays on financial integration and international risk sharing
Matsen, Egil (Doctoral thesis, 2001) -
Habit formation, strategic extremism and debt policy
Thøgersen, Øystein; Matsen, Egil (Discussion paper, Working paper, 2007-12)We suggest a probabilistic voting model where voters’ preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows ...