论文题目:Adverse Selection and Income Distribution
报告人:朱胜豪(对外经贸大学国际经济贸易学院教授)
论文摘要:We investigate how information frictions influence income distribution, specifically when there is a trade-off between rent extraction and efficiency. We show that information frictions increase income inequality through two channels. The information rent increases income inequality. And the optimal contract induces a less equal output distribution. We also show that a mean-preserving spread of the type distribution increases income inequality under the optimal contract. The type distribution could be a discrete distribution or a continuous distribution. These results continue to hold after we introduce government redistributive policies.
时间:11月7日(周三)中午12:10-13:30
地点:学院南路校区学术会堂712
报告人简介:朱胜豪教授,2010年在纽约大学获得经济学博士学位,从2010年到2017年在新加坡国立大学经济系工作,2017年12月起任对外经贸大学国际经济贸易学院教授。朱胜豪教授的研究领域为宏观经济、收入分配,在Econometrica, Journal of Economic Theory, Economic Theory等国际期刊上发表数篇论文。
主办:中国经济与管理研究院
[编辑]:张萌