Giuseppe Jappelli

The final chapter summarizes the material covered by the book, offering our perspectives on areas of consent, disagreement, and future research. The book analyzes how consumers res...

The chapter presents a model with complete markets, a situation in which consumers can access a full set of insurance contracts and are protected against any possible risk. Althoug...

The theory of intertemporal choice that we have developed so far assumes that there are no imperfections in the credit market. The ability to borrow and save as much as needed—impo...

Lifetime uncertainty represents an additional risk that affects intertemporal choice, because consumers may live longer than expected and run the risk of exhausting the resources a...