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Household saving behavior and credit constraints in the Euro area
Le Blanc, Julia; Porpiglia, Alessandro; Teppa, Federica; … - 2014
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new harmonized data set collecting detailed information on...
Persistent link: https://www.econbiz.de/10010388544
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Gender discriminatory taxes, fairness perception, and labor supply
Hundsdoerfer, Jochen; Matthaei, Eva Kristina - 2020
In this paper, we examine the gender specific impact of discriminatory taxation on fairness perception and individual labor supply decisions. Using the controlled environment of an experimental laboratory, we manipulate both distributional as well as procedural justice of taxation between...
Persistent link: https://www.econbiz.de/10012194217
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Do tax cuts increase consumption? : an experimental test of Ricardian Equivalence
Meissner, Thomas; Rostam-Afschar, Davud - 2014
This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment. This proposition is a fundamental assumption underlying numerous studies on intertemporal choice and has important implications for tax policy. Using nonparametric and panel...
Persistent link: https://www.econbiz.de/10010384031
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Aggregate consumption behaviour in a life cycle model with non-additive recursive utility
Zin, Stanley E. - 1987
Persistent link: https://www.econbiz.de/10003532789
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Leisure and housing consumption after retirement : new evidence on the life-cycle hypothesis
Schreiber, Sven; Beblo, Miriam - 2016
We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions … endowments after retirement, the theory does predict a fall of total market consumption expenditures. In order not to mistake …-cycle theory. For retirees we also find significant effects of the income reduction at retirement on housing. However, the effects …
Persistent link: https://www.econbiz.de/10011455042
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Taxation and savings : some life-cycle estimates for Canada
Beach, Charles M. (contributor) - 1985
Persistent link: https://www.econbiz.de/10000660672
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Optimal social assistance and unemployment insurance in a life-cycle model of family labor supply and savings
Haan, Peter; Prowse, Victoria - 2015
We analyze empirically the optimal design of social insurance and assistance programs when families obtain insurance by making labor supply choices for both spouses. For this purpose, we specify a structural life-cycle model of the labor supply and savings decisions of singles and married...
Persistent link: https://www.econbiz.de/10010530687
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Uncertainty, misallocation and the life-cycle growth of firms
Mäkynen, Eero; Vähämaa, Oskari - 2021
We develop a measure of static misallocation that separates uncertainty from misallocation generated by tax-like distortions. In the Finnish firm-level data, uncertainty accounts for the majority of ex post misallocation and explains a strong decreasing age-dependent trend in it. To understand...
Persistent link: https://www.econbiz.de/10012583062
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Insurance, redistribution, and the inequality of lifetime income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2019
Individuals vary considerably in how much they earn during their lifetimes. We study how the tax-and-transfer system o sets inequalities in lifetime earnings, which would otherwise translate into differences in living standards. Based on a life-cycle model, we find that redistribution by taxes...
Persistent link: https://www.econbiz.de/10012108653
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Demographics and the decline in firm entry : lessons from a life-cycle model
Röhe, Oke; Stähler, Nikolai - 2020
Since the mid-1970s, firm entry rates in the United States have declined significantly. This also holds for other OECD countries over the past years. At the same time, these economies experienced a gradual process of population aging. Applying a tractable life-cycle model with endogenous firm...
Persistent link: https://www.econbiz.de/10012180750