Back to matchesWe found a matchYour institution may have access to this item. Find your institution then sign in to continue.TitleWealth transfers and the role of collateral when lifetimes are uncertain.AuthorsSeghir, Abdelkrim; Torres-Martínez, JuanAbstractWe 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.SubjectsWEALTH; UNCERTAINTY; ECONOMIC equilibrium; DEFAULT (Finance); DEBT; WILLSPublicationEconomic Theory, 2008, Vol 36, Issue 3, p471ISSN0938-2259Publication typeArticleDOI10.1007/s00199-007-0282-z