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In most developed countries, the age distribution of the population is shifting rapidly towards the elderly. If transfers and the tax schedule are unchanged, future generations will then have to bear an increased charge and, consequently, they could be deprived. Dans la plupart des pays...
Persistent link: https://www.econbiz.de/10008556414
[fre] Cet article examine l'impact du vieillissement démographique et de la politique budgétaire sur le bien-être des générations successives. Pour ce faire, on développe un modèle d'équilibre général à générations imbriquées. Ce dernier reproduit de façon très fine les...
Persistent link: https://www.econbiz.de/10008623009
This paper investigates the impact of demographic shocks and budgetary policy on the welfare of all generations. For this purpose, we build a large scale OLG model that captures most crucial variables for the analysis of population shocks consequences in France. We introduce life uncertainty...
Persistent link: https://www.econbiz.de/10008578819
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We forecast income growth over the period 2000-2050 in the US, Canada, and France. To ground the forecasts on relationships that are as robust as possible to changes in the environment, we use a quantitative theoretical approach which consists in calibrating and simulating a general equilibrium...
Persistent link: https://www.econbiz.de/10012729226
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In this study, the household labour supply is modelled as a discrete choice problem assuming that preference for leisure and consumption can be described by a quadratic utility function which allows for non-convexities in the budget set. We assess behavioural responses to the significant changes...
Persistent link: https://www.econbiz.de/10010288264
In discrete choice labour supply analysis, it is often reasonably expected that utility is increasing with income. Yet, analyses based on discrete choice models sometimes mention that, when no restriction is imposed a priori in the statistical optimization program, the monotonicity condition is...
Persistent link: https://www.econbiz.de/10010288273
Using EUROMOD, we cross-validate two types of micro-data presently available in the Grand-Duchy of Luxembourg, administrative data on one hand and survey data on the other hand. While administrative data, extracted from the recently implemented Social Security Data Warehouse, contain information...
Persistent link: https://www.econbiz.de/10010288278