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Life Cycle Time Allocation and Saving in an Imperfect Capital Market
Apps, Patricia; Rees, Ray - 2004
This paper combines income and expenditure with time use data to provide a unique picture of the time paths of labour supplies, saving and full consumption for two-adult households over the life cycle. These data are used to test the life cycle model presented in the paper, at the core of which...
Persistent link: https://www.econbiz.de/10010261803
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Do Mandatory Pensions Decrease Household Savings? Evidence for the Netherlands
Euwals, Rob - 2000
income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch … households. The survey contains rich information on house-hold wealth, pension rights and savings attitudes. A result of the …
Persistent link: https://www.econbiz.de/10010262338
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Do wealthier households save more? The impact of the demographic factor
Belke, Ansgar; Dreger, Christian; Ochmann, Richard - 2012
the savings rate is not homogeneous. On average, the effect attributed to real estate dominates the other components of … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …
Persistent link: https://www.econbiz.de/10010282619
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A Structural Labour Supply Model with Nonparametric Preferences
van Soest, Arthur; Das, Marcel; Gong, Xiaodong - 2000
Nonparametric techniques are usually seen as a statistic device for data description and exploration, and not as a tool for estimating models with a richer economic structure, which are often required for policy analysis. This paper presents an example where nonparametric flexibility can be...
Persistent link: https://www.econbiz.de/10010262417
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Why develop open source software? The role of non-pecuniary benefits, monetary rewards and open source licence type
Sauer, Robert M. - 2007
A review of the basic theory of optimal open-source software contributions points to three key factors affecting supply …
Persistent link: https://www.econbiz.de/10010268441
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Labour supply and taxes
Meghir, Costas; Phillips, David - 2008
theory we then provide a summary of empirical estimates and the methodology underlying the studies. Our conclusion is that …
Persistent link: https://www.econbiz.de/10010268568
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Accounting for family background when designing optimal income taxes: a microeconometric simulation analysis
Aaberge, Rolf; Colombino, Ugo - 2009
The purpose of this paper is to introduce and adopt a generalised version of Roemer's (1998) Equality of Opportunity (EOp) framework, which we call extended EOp, for analysing second-best optimal income taxation. Unlike the pure EOp criterion of Roemer (1998) the extended EOp criterion allows...
Persistent link: https://www.econbiz.de/10010269427
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Labour supply and commuting
Gutiérrez-i-Puigarnau, Eva; van Ommeren, Jos - 2010
A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...
Persistent link: https://www.econbiz.de/10010276116
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Profit sharing and relative consumption
Goerke, Laszlo - 2012
Traditionally, it has been argued that profit sharing can increase employment and welfare because it lowers marginal labour costs without reducing total cost or labour income. In this paper, we show that profit sharing can also represent a Pareto-improvement if labour supply is excessive due to...
Persistent link: https://www.econbiz.de/10010289892
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Nobody to Play With? The Implications of Leisure Coordination
Jenkins, Stephen P.; Osberg, Lars - 2003
We hypothesize that an individual?s time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...
Persistent link: https://www.econbiz.de/10010261578