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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

Aging and Structural Change

Thießen, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

Many studies analyzed in depth how aging affects aggregate economic performance. But analyses of these effects on the employment structure are scarce and they do not consider that consumption patterns, the supply of goods and services, and also sectoral labor productivity are all likely to...

Persistent link: https://www.econbiz.de/10004963608

Fiscal Federalism in Western European and Selected Other Countries: Centralization or Decentralization? What Is Better for Economic Growth?

Thießen, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2000

Das Papier gibt zunächst einen Überblick über die theoretischen Argumente für und gegen fiskalische Dezentralisierung. Für westeuropäische Länder sowie ausgewählte weitere Länder mit mittlerem Einkommensniveau wird dann eine empirische Analyse des Zusammenhangs zwischen Indikatoren des...

Persistent link: https://www.econbiz.de/10005068665

Does Aging Influence Sectoral Employment Shares?: Evidence from Panel Data

Thießen, Ulrich; Kholodilin, Konstantin A.; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

In this study, we investigate whether population aging influences employment shares in different economic sectors. To this end, we employ dynamic panel data analysis. Our unbalanced data set comprises 54 countries and extends to a maximum time period from 1970 till 2004. Our results suggest that...

Persistent link: https://www.econbiz.de/10005068722

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

Liquidity Constraints and the Permanent Income Hypothesis: Pseudo Panel Estimation with German Consumption Survey Data

Beznoska, Martin; Ochmann, Richard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

This paper empirically investigates the relevance of liquidity constraints and excess sensitivity in intertemporal household consumption. Using a pseudo panel that has been constructed on rich German consumption survey data, we estimate the consumption responses to permanent and transitory...

Persistent link: https://www.econbiz.de/10010561138

Do Wealthier Households Save More?: The Impact of the Demographic Factor

Belke, Ansgar; Dreger, Christian; Ochmann, Richard - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

the savings rate is not homogeneous. On average, the effect attributed to real estate dominates the other components of … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …

Persistent link: https://www.econbiz.de/10010551077