Showing 1 - 10 of 382
paid to migrants' savings and transfers to family members in the home country. Our findings indicate that migrants who …
Persistent link: https://www.econbiz.de/10010265815
paid to migrants' savings and transfers to family members in the home country. Our findings indicate that migrants who … relevant. -- International migration ; savings ; remittances …
Persistent link: https://www.econbiz.de/10003841616
The theoretical literature on generational risk assumes that this risk is large and that the government can effectively share it. To assess these assumptions, this paper simulates a realistically calibrated 80-period overlapping generations life-cycle model with aggregate productivity shocks....
Persistent link: https://www.econbiz.de/10011273953
The theoretical literature presumes generational risk is large enough to merit study and that such risk can be meaningfully shared via appropriate government policies. This paper assesses these propositions. It develops a computational technique to overcome the curse of dimensionality and...
Persistent link: https://www.econbiz.de/10012970384
The theoretical literature presumes generational risk is large enough to merit study and that such risk can be meaningfully shared via appropriate government policy. This paper questions these propositions. It develops an 80-period OLG model to directly measure generational risk and the extent...
Persistent link: https://www.econbiz.de/10012953195
The effect of social security and other forms of government debt on national savings is one of the most widely debated … policy questions in economics today. Some estimates suggest that social security has reduced U.S. savings by almost forty … percent. This paper examines recent cross-section and time series empirical tests of the social security-savings question and …
Persistent link: https://www.econbiz.de/10012478385
The effect of social security and other forms of government debt on national savings is one of the most widely debated … policy questions in economics today. Some estimates suggest that social security has reduced U.S. savings by almost forty … percent. This paper examines recent cross-section and time series empirical tests of the social security-savings question and …
Persistent link: https://www.econbiz.de/10013221107
Persistent link: https://www.econbiz.de/10000723751
Persistent link: https://www.econbiz.de/10001066417
savings? Is it primarily accumulation for retirement as claimed by Albert Ando, Richard Brumberg, and Franco Modigliani in … their celebrated Life Cycle Model of Savings? Is it primarily intentional accumulation for intergenerational transfers? Or … is it primarily precautionary savings, much of which may be bequeathed because of imperfections in annuity markets? This …
Persistent link: https://www.econbiz.de/10012476831