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The impact of wealth on consumption and retirement behaviour in the UK
Blake, David - London School of Economics (LSE) - 2002
Housing and pension wealth are shown to be important determinants of personal sector consumption and retirement … promotes greater savings. Greater private defined benefit pension wealth encourages earlier retirement, while greater de …¯ned contribution pension wealth has the e®ect of delaying retirement. State pension wealth appears to have no effect on the retirement …
Persistent link: https://www.econbiz.de/10011071212
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The optimal consumption function in a Brownian model of accumulation. Part a: the consumption function as solution of a boundary value problem
Foldes, Lucien - London School of Economics (LSE) - 1996
Persistent link: https://www.econbiz.de/10010745818
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Mapping prices into productivity in multisector growth models
Ngai, L. Rachel; Samaniego, Roberto M. - London School of Economics (LSE) - 2008
Two issues related to mapping a multi-sector model into a reduced-form value-added model are often neglected: the composition of intermediate goods, and the distinction between value added productivity and gross output productivity. We demonstrate their quantitative significance for the case of...
Persistent link: https://www.econbiz.de/10010745978
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The optimal consumption function in a Brownian model of accumulation. Part b: existence of solutions of boundary value problems
Foldes, Lucien - London School of Economics (LSE) - 1996
Persistent link: https://www.econbiz.de/10010746297
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Tax cuts in open economies
Cunat, Alejandro; Deak, Szabolcs; Maffezzoli, Marco - London School of Economics (LSE) - 2008
A reduction in income tax rates generates substantial dynamic responses within the framework of the standard neoclassical growth model. The short-run revenue loss after an income tax cut is partly - or, depending on parameter values, even completely - offset by growth in the long-run, due to the...
Persistent link: https://www.econbiz.de/10010746525
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The optimal consumption function in a Brownian model of accumulation part b: existence of solutions of boundary value problems
Foldes, Lucien - London School of Economics (LSE) - 2014
In Part A of the present study, subtitled 'The Consumption Function as Solution of a Boundary Value Problem' Discussion Paper No. TE/96/297, STICERD, London School of Economics, we formulated a Brownian model of accumulation and derived sufficient conditions for optimality of a plan generated by...
Persistent link: https://www.econbiz.de/10011170087
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Cross-country growth comparison : theory to empirics
Quah, Danny - London School of Economics (LSE) - 2000
This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical—distinguish from previous work in three distinct...
Persistent link: https://www.econbiz.de/10011071327
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Intergenerational and life-course transmission of social exclusion in the 1970 British cohort study
Sigle-Rushton, Wendy - London School of Economics (LSE) - 2004
This study used data from the British Cohort Study to examine the relationships between childhood background experiences and a variety of indicators of adult well-being. Similar to an earlier study that analyses the National Child Development Study, we use a rich array of childhood background...
Persistent link: https://www.econbiz.de/10011126493
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The employment of married mothers in Great Britain: 1974-2000
Gregg, Paul; Gutiérrez-Domènech, Maria; Waldfogel, Jane - London School of Economics (LSE) - 2003
This paper analyses the increase in mothers¿ employment in Britain over the period 1974¿2000. The approach consists of isolating those birth cohorts whose mothers experienced significant increases in employment and relating those to changes in policies (maternity rights, taxation and...
Persistent link: https://www.econbiz.de/10011071488
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Portfolio choice with internal habit formation : a life-cycle model with uninsurable labor income risk
Gomes, Francisco J.; Michaelides, Alexander - London School of Economics (LSE) - 2003
Motivated by the success of internal habit formation preferences in explaining asset pricing puzzles, we introduce these preferences in a life-cycle model of consumption and portfolio choice with liquidity constraints, undiversifiable labor income risk and stock-market participation costs. In...
Persistent link: https://www.econbiz.de/10010928771