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Intergenerational sharing of unhedgeable inflation risk

Chen, Damiaan H. J.; Beetsma, Roel; Wijnbergen, Sweder van - 2022 - This version: November 16, 2022

Persistent link: https://www.econbiz.de/10013468772

Intergenerational sharing of unhedgeable inflation risk

Chen, Damiaan H. J.; Beetsma, Roel; Wijnbergen, Sweder van - In: Insurance / Mathematics & economics 113 (2023), pp. 140-160

Persistent link: https://www.econbiz.de/10014466209

Income Risks, Education, and Taxation as Public Insurance

Schindler, Dirk (contributor) - 2007

Persistent link: https://www.econbiz.de/10003583012

Taxes, Saving, and Macroeconomics

Buchanan, Neil H. - 2006

and inadequate theory. Finally, the interaction between monetary and fiscal policy is currently perverse. Contractionary …

Persistent link: https://www.econbiz.de/10014074087

EDGE-M3: a dynamic general equilibrium micro-macro model for the EU member states

D'Andria, Diego; DeBacker, Jason; Evans, Richard W.; … - 2020

This paper provides a technical description of the overlapping generations model used by the Joint Research Centre to analyse tax policy reforms, including in particular pension and demographic issues. The main feature of the EDGE-M3 model lies in its high level of disaggregation and the close...

Persistent link: https://www.econbiz.de/10012241664

Pension sytems and the allocation of macroeconomic risk

Bovenberg, Ary Lans (contributor); Uhlig, Harald (contributor) - 2006

This paper explores the optimal risk sharing arrangement between generations in an overlapping generations model with … endogenous growth. We allow for nonseparable preferences, paying particular attention to the risk aversion of the old as well as … overall "life-cycle" risk aversion. We provide a fairly tractable model, which can serve as a starting point to explore these …

Persistent link: https://www.econbiz.de/10003375998

Homeownership rates, housing policies, and co-residence decisions

Grevenbrock, Nils; Ludwig, Alexander; Siassi, Nawid - 2023

understand these patterns, we build an overlapping-generations model where individuals face uninsurable income risk and make …

Persistent link: https://www.econbiz.de/10014339552

Does the selfish life-cycle model apply in the case of Japan?

Horioka, Charles - 2020

In this paper, we first provide a brief exposition of the simplest version of the selfish life cycle model or hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the literature on household saving behavior in Japan (with...

Persistent link: https://www.econbiz.de/10012195738

The wealth decumulation behavior of the retired elderly in Italy : the importance of bequest motives and precautionary saving

Ventura, Luigi; Horioka, Charles - 2020

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the Bank of Italy. We find that, on average, the retired...

Persistent link: https://www.econbiz.de/10012198628

Is the selfish life-cycle model more applicable in Japan and, if so, why? : a literature survey

Horioka, Charles - 2020

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said to have closer family ties than other countries? In...

Persistent link: https://www.econbiz.de/10012291218