Showing 1 - 10 of 8,313
-finding rates, wages and savings, so that we use the model to examine the role of age and wealth for worker flows and for the …
Persistent link: https://www.econbiz.de/10014443876
-finding rates, wages and savings, so that we use the model to examine the role of age and wealth for worker flows and for the …
Persistent link: https://www.econbiz.de/10014443590
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 elderly in Italy are decumulating their wealth (dissaving) but that …
Persistent link: https://www.econbiz.de/10012198628
In most OECD countries, unemployment benefits are tied to individual previous labor earnings. We study the progressivity of this indexation with regard to its effects on employment, output, and welfare in a calibrated general equilibrium model with search unemployment. Employment varies...
Persistent link: https://www.econbiz.de/10011410421
light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …
Persistent link: https://www.econbiz.de/10015066903
In most OECD countries, unemployment benefits are tied to individual previous labor earnings. We study the progressivity of this indexation with regard to its effects on employment, output, and welfare in a calibrated general equilibrium model with search unemployment. Employment varies...
Persistent link: https://www.econbiz.de/10013320473
equilibrium job search model with endogenous distributions of in-come, wealth, and employment which is calibrated with regard to …
Persistent link: https://www.econbiz.de/10013321097
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
This paper uses SOEP data to study the distributional effect of intergenerational transfers on the wealth distribution … aggregate bequest flows. At the same time, there is an ongoing debate on the distributional implications of such wealth shocks … of households. The model allows for dynamic adjustment and variations in the savings behavior over the wealth …
Persistent link: https://www.econbiz.de/10011915902
This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that … on wealth distribution for a number of countries. This confirms the well known fact that wealth is more unequally … distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also …
Persistent link: https://www.econbiz.de/10014024198