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Redistributive Policies through Taxation: Theory and Evidence

Grant, Charles; Koulovatianos, Christos; Michaelides, … - Centro Studi di Economia e Finanza (CSEF) - 2003

-incentives. Using a heterogeneous agent model with incomplete markets, we show that higher taxes (and transfers) decrease consumption …

Persistent link: https://www.econbiz.de/10005802079

The Age-Productivity Gradient: Evidence from a Sample of F1 Drivers

Castellucci, Fabrizio; Pica, Giovanni - Centro Studi di Economia e Finanza (CSEF) - 2009

Aging is a global phenomenon. If older individuals are less productive, an aging working population can lower aggregate … productivity, economic growth and fiscal sustainability. Therefore, understanding the age-productivity gradient is key in a aging … society. However, estimating the effect of aging on productivity is a daunting task. First, it requires clean measures of …

Persistent link: https://www.econbiz.de/10005017837

Economic Integration and Mature Portfolios

Christelis, Dimitrios; Georgarakos, Dimitris; … - Centro Studi di Economia e Finanza (CSEF) - 2008

We use cross-country micro-data and counterfactual methods to document international differences in ownership and holdings of stocks, private businesses, homes, and mortgages among older households in thirteen countries. We decompose these differences into two parts, related to population...

Persistent link: https://www.econbiz.de/10005802038

Do the elderly reduce housing equity? An international comparison

Chiuri, Maria Concetta; Jappelli, Tullio - Centro Studi di Economia e Finanza (CSEF) - 2006

We explore the pattern of elderly homeownership using microeconomic surveys of 17 OECD countries. In most countries the survey is repeated over time, permitting construction of an international dataset of repeated cross-sectional data, merging 59 national household surveys on about 300,000...

Persistent link: https://www.econbiz.de/10005626742