Similar Search Results

The value of explicit randomization in the tax code

Pestieau, Pierre - In: Journal of public economics 67 (1998) 1, pp. 87-103

Persistent link: https://www.econbiz.de/10001236494

Investment in children, social security, and intergenerational risk sharing

Fan, Chengze Simon; Pang, Yu; Pestieau, Pierre - 2019

Persistent link: https://www.econbiz.de/10011993547

Habit formation and labor supply

Cremer, Helmuth; De Donder, Philippe; Maldonado, Dario; … - 2008

Persistent link: https://www.econbiz.de/10003812624

United but (un-)equal : human capital, probability of divorce and the marriage contract

Cremer, Helmuth; Pestieau, Pierre; Roeder, Kerstin - 2012

This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …

Persistent link: https://www.econbiz.de/10009674949

Habit formation and labor supply

Cremer, Helmuth; De Donder, Philippe; Maldonado, Darío; … - 2008

This paper shows that the combination of habit formation - present consumption creating additional consumption needs in the future - and myopia may explain why some retirees are forced to "unretire", i.e., unexpectedly return to work. It also shows that when myopia about habit formation leads to...

Persistent link: https://www.econbiz.de/10003730377

Forced saving, redistribution and nonlinear social security schemes

Cremer, Helmuth; De Donder, Philippe; Maldonado, Darío; … - 2008

This paper studies the design of a nonlinear social security scheme in a society where individuals differ in two respects: productivity and degree of myopia. Myopic individuals may not save enoughʺ for their retirement because their myopic selfʺ emerges when labor supply and savings decisions...