Showing 1 - 10 of 92
puzzles highlighted in the empirical literature as excess smoothness of consumption, its excess sensitivity to current income …
Persistent link: https://www.econbiz.de/10008505503
Sous l’hypothèse de prévisions parfaites et en horizon infini, nous proposons un modèle des choix de consommation d’un agent représentatif dont le revenu, à chaque période, se compose de son salaire et du rendement du stock d’actifs qu’il détient. Une partie de sa consommation est...
Persistent link: https://www.econbiz.de/10008505634
This paper outlines a methodology to identify the preference parameters that characterize household behaviour over the life-cycle, through the specification and estimation of a model of individual behaviour. The focus of this research is directed towards commodity demands, female labour supply...
Persistent link: https://www.econbiz.de/10008505507
This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....
Persistent link: https://www.econbiz.de/10009493505
We analyse optimal saving of risk-averse households when labour income stochastically jumps between two states. The …
Persistent link: https://www.econbiz.de/10008505490
Les évolutions qui ont caractérisé le marché du travail se sont traduites par de substantielles modifications de la composition des revenus des ménages et ont pu affecter l'inégalité de la répartition de ces revenus. Notre objectif est d'analyser l'évolution de la contribution des...
Persistent link: https://www.econbiz.de/10004985079
Two social security schemes are compared in the long run, one based on a basic income and on the other on unemployment … economic incentives determining individual behavior. We compare their implications in terms of economic performance, income …
Persistent link: https://www.econbiz.de/10004985136
L'objectif de ce papier est d'évaluer la capacité de différents types de chocs fiscaux à améliorer l'explication des fluctuations de l'économie française considérée comme une petite économie ouverte. Ainsi, nous développons un modèle d'équilibre général intertemporel stochastique...
Persistent link: https://www.econbiz.de/10004985423
taxation of foreign savings income, but also on the tax rates applied to domestic savings. Finally, comparing the respective …
Persistent link: https://www.econbiz.de/10010633536
I construct a successive generations model of appropriative competition between ethnicities where de facto power puts an upper-bound on the consumption of each clan. My aim is to derive the implications of the structure of the ethnic and political divisions in terms of economic prosperity. I...
Persistent link: https://www.econbiz.de/10010752676