Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/176010 
Year of Publication: 
2006
Series/Report no.: 
Texto para discussão No. 527
Publisher: 
Pontifícia Universidade Católica do Rio de Janeiro (PUC-Rio), Departamento de Economia, Rio de Janeiro
Abstract: 
We develop a general equilibrium model of wealth transfers in the presence of uncertain lifetimes and default. Without introducing exogenous debt constraints, agents are allowed to make collateral-backed promises at any state of their life span.
Subjects: 
Uncertain lifetimes
Collateralized Assets
Donations
Wills.
JEL: 
D52
D91
Document Type: 
Working Paper

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