Nicola Pavoni

Dr Nicola Pavoni

International Research Fellow

ORCID: 0000-0003-3086-9447

Nicola Pavoni gained his PhD in Mathematics for Economic Decisions in 1999, from the University of Trieste, and in Economics in 2000 from the Universitat Pompeu Fabra in Barcelona, Spain.

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Risk sharing in private information models with asset accumulation: explaining the excess smoothness of consumption

| Working Paper

We derive testable implications of model in which first best allocations are not achieved because of a moral hazard problem with hidden saving.

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