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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 L. - 2015
and savings decisions of singles and married couples. Partial insurance against wage and employment shocks is provided by … social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on …
Persistent link: https://www.econbiz.de/10010510507
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Household saving and full consumption over the life cycle
Apps, Patricia; Rees, Ray - 2001
This paper extends the standard model of life cycle consumption, saving and labor supply in a number of directions. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that is, we are interested in life cycle profiles of full...
Persistent link: https://www.econbiz.de/10011401086
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Labor income dynamics and the insurance from taxes, transfers, and the family
Blundell, Richard W.; Graber, Michael; Mogstad, Magne - 2014
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010238207
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The impact of wealth on job exit rates of elderly workers
Bloemen, Hans G. (contributor) - 2006
through 2001, we analyse the impact of wealth, savings, and debt position on job exit rates. We find evidence for a positive …
Persistent link: https://www.econbiz.de/10003355646
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Estimating the impact of immigrants on the host country social security system when return migration is an endogenous choice
Kirdar, Murat G. - 2010
In this paper, I estimate the fiscal impact of immigrants on the German pension insurance (PI) and unemployment insurance (UI) systems when return migration is an endogenous choice. For this purpose, I develop a dynamic stochastic model of joint return migration and saving decisions that...
Persistent link: https://www.econbiz.de/10003959164
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Private wealth and job exit at older age : a random effects model/ Hans G. Bloemen
Bloemen, Hans G. (contributor) - 2008
Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore important to include a rich set of observed...
Persistent link: https://www.econbiz.de/10003666470
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Demographic determinants of savings : estimating and interpreting the aggregate association in Asia
Schultz, T. Paul (contributor) - 2005
Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The … association between the age composition of a nation's population and its savings rate, observed within 16 Asian countries from … savings is exogenous. Specification tests as well as common sense imply, moreover, that lagged savings is likely to be …
Persistent link: https://www.econbiz.de/10002592079
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Job stability, earnings dynamics, and life-cycle savings
Kuhn, Moritz; Ploj, Gašper - 2020
Labor markets are characterized by large heterogeneity in job stability. Some workers hold lifetime jobs, whereas others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using Survey of Consumer Finances (SCF) data, we document a...
Persistent link: https://www.econbiz.de/10012316760
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Income uncertainty and household savings in China
Chamon, Marcos; Liu, Kai; Prasad, Eswar S. - 2010
a buffer-stock savings model and show that rising income uncertainty and pension reforms lead younger and older … household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension … reforms ; buffer-stock savings …
Persistent link: https://www.econbiz.de/10009304386
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When do remittances facilitate asset accumulation? : the importance of remittance income uncertainty
Amuedo Dorantes, Catalina; Pozo, Susan - 2014
A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...
Persistent link: https://www.econbiz.de/10010250041