Search Results - subject:"Life Cycle Model"

Optimal choice of health and retirement in a life-cycle model

Kuhn, Michael; Wrzaczek, Stefan; Prskawetzv, Alexia; … - In: Journal of economic theory 158 (2015), pp. 186-212

Persistent link: https://www.econbiz.de/10011548657

The efficiency of target-date funds

Tang, Ning; Lin, Yen-Ting - In: The journal of asset management 16 (2015) 2, pp. 131-148

Persistent link: https://www.econbiz.de/10011411961

Cohort and target age effects on subjective survival probabilities : implications for models of the retirement phase

Wu, Shang; Stevens, Ralph; Thorp, Susan - In: Journal of economic dynamics & control 55 (2015), pp. 39-56

Persistent link: https://www.econbiz.de/10011587115

Shock from graying : is the demographic shift weakening monetary policy effectiveness

Imam, Patrick - In: International journal of finance & economics : IJFE 20 (2015) 2, pp. 138-154

Persistent link: https://www.econbiz.de/10011348431

A dynamic life cycle model for Germany with unemployment uncertainty

Biewald, Anne - 2008

dynamic and stochastic life cycle model. The intertemporal optimization is based on Dynamic Programming with a backward …

Persistent link: https://www.econbiz.de/10009449071

Measuring the Welfare Costs of Inflation in a Life-cycle Model

Gomme, Paul - Department of Economics, Concordia University - 2008

interest rate. In the corresponding life-cycle model, the optimal inflation rate is quite high: for the benchmark calibration … model. Metrics that are equivalent in the representative agent model can give very different answers in a life-cycle model. …, it is around 95% per annum. Much of the paper is concerned with understanding this result. Briefly, in the life-cycle …

Persistent link: https://www.econbiz.de/10004968084

Demographic Uncertainty and Welfare in a Life-Cycle Model Under Alternative Public Pension Systems

Rahman, Muhammad - Center for Applied Economics and Policy Research … - 2008

in an extended version of a modi?ed Life-cycle model developed by Gertler(1999). Population growth dampens savings and … CAEPR Working Paper #2008-024 Demographic Uncertainty and Welfare in a Life-cycle Model under … source. Demographic Uncertainty and Welfare in a Life-cycle Model under Alternative Public Pension Systems M Saifur Rahman …

Persistent link: https://www.econbiz.de/10011158990

Global imbalances and household savings: the role of wealth

Salotti, Simone - Volkswirtschaftliche Fakultät, … - 2008

Many claim that fluctuations in US private savings help to create and to sustain global imbalances because of their influence on the current account deficit. To test this claim, this paper investigates the determinants of aggregate household savings using a panel of 18 developed countries for...

Persistent link: https://www.econbiz.de/10008544701

The tourism life cycle: an overview of Langkawi Island, Malaysia

Irwana Omar, Shida; Ghapar Othman, Abdul; Mohamed, … - In: International Journal of Culture, Tourism and … 8 (2014) 3, pp. 272-289

. Design/methodology/approach – The paper adopts Butler’s Tourism Area Life Cycle model as the research framework to describe …

Persistent link: https://www.econbiz.de/10014768636

Does the retirement consumption puzzle differ across the distribution?

Fisher, Jonathan; Marchand, Joseph - In: Journal of Economic Inequality 12 (2014) 2, pp. 279-296

Previous research has repeatedly found a puzzling one-time drop in the mean and median of consumption at retirement, contrary to the predictions of the life-cycle hypothesis. However, very little is known as to whether these effects vary across the consumption distribution. This study expands...

Persistent link: https://www.econbiz.de/10010866699