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Properties of actuarially-fair and pay-as-you-go health insurance schemes for the elderly : an OLG model approach

Johansson, Per-Olov - 1998

Persistent link: https://www.econbiz.de/10000984766

The labor-supply elasticity and borrowing constraints : why estimates are biased

Domeij, David (contributor); Flodén, Martin (contributor) - 2001 - [Elektronische Ressource]

The labor-supply elasticity is a central element in many macroeconomic models. We argue that assumptions underlying previous econometric estimates of the intertemporal labor supply elasticity are inconsistent with incomplete markets economies. In particular, if the econometrician ignores...

Persistent link: https://www.econbiz.de/10001626699

Budget deficits, stochastic population size and consumption

Becker, Torbjörn - 1995

Persistent link: https://www.econbiz.de/10000920355

Risky taxes, budget balance preserving spreads and precautionary savings

Becker, Torbjörn - 1995

Persistent link: https://www.econbiz.de/10000920367

Aggregate savings when individual income varies

Flodén, Martin (contributor) - 2005 - [Elektronische Ressource]

This paper examines aggregate savings in a general equilibrium model where infinitely lived households face volatile … when income is constant. This additional capital accumulation has sometimes been interpreted as precautionary savings, but … I demonstrate that it is mostly generated by permanent-income motives. -- equilibrium interest rate ; aggregate savings …

Persistent link: https://www.econbiz.de/10002679474