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The Dynamics of Social Assistance Receipt: Measurement and Modelling Issues, with an Application to Britain

Cappellari, Lorenzo; Jenkins, Stephen P. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

We model the dynamics of social assistance benefit receipt in Britain using data from the British Household Panel Survey, waves 1-15. First, we discuss definitions of social assistance benefit receipt, and present information about the trends between 1991 and 2005 in the receipt of social...

Persistent link: https://www.econbiz.de/10005069090

Modelling Low Income Transitions

Cappellari, Lorenzo; Jenkins, Stephen P. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002

We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a nonrandom sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...

Persistent link: https://www.econbiz.de/10004963755

Distributional and Welfare Effects of Germany's Year 2000 Tax Reform

Ochmann, Richard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

is estimated in a structural model for household savings and asset demand applied to German survey data. Significant … savings and alter the structure of asset demand as a result of shifts in relative asset prices. As a consequence, utility …

Persistent link: https://www.econbiz.de/10008756095

Differential Income Taxation and Household Asset Allocation

Ochmann, Richard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

This paper empirically investigates the effects of differential income taxation on households' portfolio choice and asset allocation applying a two-stage budgeting model of asset demand to German survey data. The model is structured into the discrete asset choice and the continuous asset choice,...

Persistent link: https://www.econbiz.de/10008645017

Household Savings Decision and Income Uncertainty

Beznoska, Martin; Ochmann, Richard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …-induced variation of net returns to savings is expected to have no significant effects on the level of savings. Moreover, we find …

Persistent link: https://www.econbiz.de/10008490411