Skewed Idiosyncratic Income Risk over the Business Cycle: Sources and Insurance

Apr 1, 2022·
Chris Busch
,
David Domeij
,
Fatih Guvenen
Rocío Madera
Rocío Madera
· 1 min read
Abstract
Measures the sources of skewed income risk over the business cycle and the insurance mechanisms that shape household welfare.
Type
Publication
American Economic Journal: Macroeconomics, 14(2)
Status
Peer-reviewed Open access
publications

This paper measures asymmetric income risk over the business cycle and studies the insurance mechanisms that mitigate it.

Rocío Madera
Authors
Assistant Professor of Economics
I am an Assistant Professor in the Department of Economics at Southern Methodist University and a CESifo Research Network Research Affiliate. My research combines rich micro-data with quantitative models to study how labor-market risk, fiscal transfers, and local economic conditions shape heterogeneous household decisions and welfare. Download my CV here to learn more about me and my work.