Growth and welfare effects of business cycles in economies with idiosyncratic human capital risk

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Poverty Reduction and Growth: Virtuous and Vicious Circles (2006, background): “Source: Krebs, Krishna, and Maloney (2005b) for Argentina and Mexico; Meghir and Pistaferri (2004) for United States.”
Cyclical Dynamics in Idiosyncratic Labor Market Risk (2004, background): “Krebs (2002b), Krebs (2002a), Krusell & Smith (1999) and Storesletten, Telmer, & Yaron (2001) ask if countercyclical idiosyncratic risk is important for the welfare costs of business cycles.”
Job Displacement Risk and the Cost of Business Cycles (2007, methodology): “Both Krebs (2003a) and Storesletten et al. (2001) report sizable cost of business cycles for moderate degrees of risk aversion, but their results are based on unrealistically large variations in the second moment of individual income shocks. More specifically, both papers calibrate their models usin”
Insurance and Opportunities: A Welfare Analysis of Labor Market Risk (2008, background): “(2001), and Krebs (2003) have made similar calculations in models with heterogeneous agents.”