Working Paper

Extended Supplement to “Insurance and Inequality with Persistent Private Information”

Abstract: This supplement contains auxiliary technical results and proofs omitted from Bloedel, Krishna, and Leukhina (2025) (henceforth BKL) and its Supplemental Appendix (henceforth SA). First, Section I proves parts (a)–(c) and (e)–(f) of Theorem 3 from Appendix B.1 of BKL. (Part (d) of Theorem 3 is proved in SA-E.1 of BKL.) Second, Section J proves Proposition 3.2 from Section 3.3 of BKL and Lemma B.2 from Appendix B.2 of BKL. Finally, Section K proves supporting facts for Properties (a)–(e) from Section 5.2 of BKL. Throughout, we follow the numbering and labeling conventions from BKL and its SA.

JEL Classification: C73; D30; D31; D80; D82; E61;

https://doi.org/10.20955/wp.2025.012

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Working Papers

Publication Date: 2025-05-14

Number: 2025-012

Note: Extended supplement to Econometrica article: https://doi.org/10.3982/ECTA20404. Related working paper: https://doi.org/10.20955/wp.2018.020