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This paper describes a structural dynamic microsimulation model of the household that has been developed to explore … behavioural responses to pensions policy counterfactuals in Ireland. The model is based upon the life-cycle theory of behaviour …
Persistent link: https://www.econbiz.de/10010392485
Most empirical studies of savings behaviour that explicitly take account of the influence of uncertainty consider for …
Persistent link: https://www.econbiz.de/10014156753
measured over appreciable periods of life motivates endogenous simulation of savings and labor supply decisions, taking …This paper describes a structural dynamic micro-simulation model that generates individual-specific data over a range …
Persistent link: https://www.econbiz.de/10013080420
appreciable periods of life motivates endogenous simulation of savings and labour supply decisions, taking explicit account of …
Persistent link: https://www.econbiz.de/10010902166
This paper describes a structural dynamic microsimulation model of the household that has been developed to explore … behavioural responses to pensions policy counterfactuals in Ireland. The model is based upon the life-cycle theory of behaviour …
Persistent link: https://www.econbiz.de/10009250002
Most empirical studies of savings behaviour that explicitly take account of the influence of uncertainty consider for …
Persistent link: https://www.econbiz.de/10010667651
A central justification for social insurance and for other policies aimed at retirement savings is that individuals may … payroll taxes and other withholding to fund retirement savings as akin to an income tax, while largely ignoring the distant …, making savings-promotion policies much more costly than appreciated. Or consider what may be the labor supply implications …
Persistent link: https://www.econbiz.de/10013019561
Eligibility and benefits for anti-poverty income transfers in the U.S. are based on both the means and the household … children. In our model workers face uninsurable idiosyncratic risks and make decisions on savings, labor supply, living … mothers, providing incentives to cohabit. We also find quantitatively important effects on savings, and on the labor supply of …
Persistent link: https://www.econbiz.de/10012264849
The main goal of this paper is to better understand the behavior of credit spreads in the past and the potential risk of unexpected future credit spread changes. One important consideration to note regarding credit spreads is the fact that bond spreads contain a liquidity premium, which...
Persistent link: https://www.econbiz.de/10013105185
shows marked differences reflecting the narrow political spectrum in Ireland compared to radical changes in British politics …
Persistent link: https://www.econbiz.de/10009012491