Showing 1 - 10 of 155
information structure and labor supply decisions follow the Mirrleesian tradition. However, while the household's total …
Persistent link: https://www.econbiz.de/10013027088
approach to modelling household decision taking, flexible enough to encompass non-cooperative behaviour and Pareto …This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of … household's preference ordering over the utility profiles of its members depends on exogenous variables, in particular wage …
Persistent link: https://www.econbiz.de/10013316648
We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and …
Persistent link: https://www.econbiz.de/10013157843
advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually …) from pension reforms referenda, we show in fact that individuals close to retirement tend to oppose policies that postpone … retirement, whereas young and elderly individuals are more favorable. The current process of population aging, and the associated …
Persistent link: https://www.econbiz.de/10012910941
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10012919245
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …
Persistent link: https://www.econbiz.de/10012925277
mortality process. Individual agents choose their optimal retirement age, taking into account the time - and age profiles of … wages, taxes, and the public pension system. The early retirement provision in most pension systems acts as a trap, inducing … most workers to retire well before the normal retirement age. Simulations show that pension reform must be drastic for it …
Persistent link: https://www.econbiz.de/10013317087
supply decision and 3) accounts for contributions-defined pensions of the US social security system. With these more …
Persistent link: https://www.econbiz.de/10013028781
that spouses jointly spend on leisure, household chores and child care. By using a innovative matching strategy, this study … for childless couples. Work timing also influences the joint time that is spent on household chores, but the effect is …
Persistent link: https://www.econbiz.de/10013125246
We present a non-cooperative model of a family's time allocation between work and a home-produced public good, and examine whether the income tax should apply to couples or individuals. While tax-induced labor supply distortions lead to overprovision of the public good, spouses' failure to...
Persistent link: https://www.econbiz.de/10013139871