Showing 1 - 10 of 461
In this paper we use a dynamic structural life-cycle model to analyze the employment, fiscal and welfare effects induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including unemployment insurance benefits which depend on an...
Persistent link: https://www.econbiz.de/10013147123
social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on … and savings decisions of singles and married couples. Partial insurance against wage and employment shocks is provided by … Social Assistance, which provides a permanent universal household income floor, with a minor role for temporary earnings …
Persistent link: https://www.econbiz.de/10013023767
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/10013314932
This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably … outcome has important implications for policy-making. Any public policy aimed at reducing household energy consumption should …
Persistent link: https://www.econbiz.de/10013251547
characteristic are correlated with more job opportunities. Policy simulations ten suggest that the risk pooling and savings component …
Persistent link: https://www.econbiz.de/10013130452
increase savings, they are unavailable to the millions of people worldwide who not have a formal wage bill. Self-help peer … first experiment finds that self-help peer groups are very potent at increasing savings. In contrast, a more classical … tool to encourage savings …
Persistent link: https://www.econbiz.de/10013110869
We analyze the fertility and health effects resulting from the abolition of the Austrian baby bonus in January 1997. The abolition of the benefit was publicly announced about ten months in advance, creating the opportunity for prospective parents to (re-)schedule conceptions accordingly. We find...
Persistent link: https://www.econbiz.de/10013117845
of monetary and leisure incentives, which reflect the complex welfare system in Ireland. The household extension version … of the model adapts a collective modelling approach, where the intra-household bargaining is considered. We further … reform on household retirement behaviours. The paper, in addition, applies the model to assess individual budgetary …
Persistent link: https://www.econbiz.de/10013121765
household earnings potential is disproportionally due to one partner, and families react equally strongly to a male and a female …
Persistent link: https://www.econbiz.de/10012983893
Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … results indicate that private pensions in the US crowd out less than $0.15 of household saving per dollar of pension wealth …
Persistent link: https://www.econbiz.de/10013128568