Showing 1 - 10 of 1,287
The entitlement to social security retirement benefits is a major component of aggregate household wealth. This paper … focuses on the impact of social security annuities on household portfolio allocation, extending existing optimizing models of …
Persistent link: https://www.econbiz.de/10012477729
This paper examines how labor income volatility and social security benefits can influence lifecycle household …
Persistent link: https://www.econbiz.de/10012462970
highlight the distinction between planner optimization and household optimization. We show that planner optimization is a … substitute for household optimization and that this is true even when there are information asymmetries, so that households know … by household optimization also arise in an economy with a rational planner who uses tools such as default savings and …
Persistent link: https://www.econbiz.de/10012455062
We analyze the saving motives of European households using micro-data from the Household Finance and Consumption Survey …
Persistent link: https://www.econbiz.de/10015056164
This essay reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. It finds that: 1) Labor institutions vary greatly among developing countries but less than they...
Persistent link: https://www.econbiz.de/10012463858
Standard measures of poverty may reveal nothing about whether the poorest of the poor are being lifted-up or left-behind, yet this is a widespread concern among policy makers and citizens. The paper assesses whether public spending on social protection benefits the poorest and hence lifts the...
Persistent link: https://www.econbiz.de/10012453055
Progressively targeted cash transfers remain the dominant policy response to chronic poverty in developing countries. But are there alternative social protection policies that might have larger poverty impacts over time for the same public expenditure? To explore this question, this paper...
Persistent link: https://www.econbiz.de/10012455966
Social protection programs have become increasingly widespread in low- and middle-income countries, with their own distinct characteristics to match the environments in which they are operating. This paper reviews the growing literature on the design and impact of these programs. We review how...
Persistent link: https://www.econbiz.de/10014528421
has produced a set of conflicting results. Does household electrification lead to measurable gains in living standards or … connect for free. We conclude that access to household electrification alone is not enough to drive meaningful gains in …
Persistent link: https://www.econbiz.de/10012480472
weaker and labor informality is prevalent. In such environments, household saving decisions are intertwined with firms …
Persistent link: https://www.econbiz.de/10012457649