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Housing, portfolio choice, and the macroeconomcy

Silos, Pedro; Silos, Pedro - 2005

Much of the macroeconomics literature dealing with wealth distribution has become abstracted from modeling housing explicitly. This paper investigates the properties of the wealth distribution and the portfolio composition regarding housing and equity holdings and their relationship to...

Persistent link: https://www.econbiz.de/10010397707

A Theory of Socioeconomic Disparities in Health over the Life Cycle

Galama, Titus J.; van Kippersluis, Hans - 2010

are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …

Persistent link: https://www.econbiz.de/10010325639

The Intergenerational Effects of Tax Policy in an Overlapping Generations Model with Housing Assets

Lee, Young Wook - In: KDI Journal of Economic Policy 40 (2018) 2, pp. 53-73

Using an overlapping generations model, this paper examines tax policy effects across generations. The model incorporates housing assets separately from capital assets and includes taxes on labor income, capital income, consumption and housing assets. Tax reforms for each tax rate have different...

Persistent link: https://www.econbiz.de/10012034831

Cultural integration in Germany

Constant, Amelie F.; Nottmeyer, Olga; Zimmermann, Klaus F. - 2009

natives differentiating by gender and immigrant generation. Indicators which are supposed to capture cultural integration of … differentiated by ethnic origin, gender and generation. This allows visualization of differences by ethnic groups and development … generation. But differences seem to diminish when we consider the second generations. This indicates greater adaptation to German …

Persistent link: https://www.econbiz.de/10010271257

Portfolio Allocation over the Life Cycle: Evidence from Swedish Household Data

Andersson, Björn - 2001

portfolio weight of real assets is relatively higher for the baby-boom generation, while younger generations are more prone to …

Persistent link: https://www.econbiz.de/10010321812

Human Capital and Optimal Positive Taxation of Capital Income

Jacobs, Bas; Bovenberg, A. Lans - 2005

This paper analyzes optimal linear taxes on capital and labor incomes in a life-cyclemodel of human capital investment, financial savings, and labor supply with heteroge-nous individuals. A dual income tax with a positive marginal tax rate on not onlylabor income but also capital income is...

Persistent link: https://www.econbiz.de/10010325417

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/10010262485

Cluster life cycles: dimensions and rationales of cluster development

Menzel, Max-Peter; Fornahl, Dirk - 2007

We present a model that explains how a cluster moves through a life cycle and why this movement differs from the industry life cycle. The model is based on three key processes: the changing heterogeneity in the cluster describes the movement of the cluster through the life cycle; the geographical...

Persistent link: https://www.econbiz.de/10010263831

Gender, time use and public policy over the life cycle

Apps, Patricia; Rees, Ray - 2005

In this paper we compare gender differences in the allocation of time to market work, domestic work, child care, and leisure over the life cycle. Time use profiles for these activity categories are constructed on survey data for three countries: Australia, the UK and Germany. We discuss the...

Persistent link: https://www.econbiz.de/10010267563

On the identification of Frisch labor supplies

Donni, Olivier - 2006

This paper examines how Frisch labor supplies, and other structural components of the intertemporal model of labor supply, can be recovered from estimates obtained with the approach developed by Heckman and MaCurdy.

Persistent link: https://www.econbiz.de/10010268034

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