Welfare implications of sunspot fluctuations

0156008 - NHU-N 20020263 RIV CZ eng J - Článek v odborném periodiku
Slobodyan, Sergey
Welfare implications of sunspot fluctuations.
CERGE-EI Working Paper Series. Roč. 2002, č. 204 (2002), s. 1-35. ISSN 1211-3298
Výzkumný záměr: CEZ:AV0Z7085904
Klíčová slova: development trap * welfare
Kód oboru RIV: AH - Ekonomie
http://www.cerge-ei.cz/pdf/wp/Wp204.pdf

The usual conclusion in the literature is that sunspots reduce welfare because of the agents' risk aversion.
Trvalý link: http://hdl.handle.net/11104/0053477