Author: Myung-ho ParkPublisher:
ISBN:
Category :
Languages : en
Pages : 228
Book Description
Essays on Stochastic Intertemporal Household Choice
Author: Myung-ho ParkDissertation Abstracts International
Author: Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 612
Book Description
Two Essays on Stochastic Income Theory
Author: C. Y. Cyrus ChuPublisher:
ISBN:
Category : Economic development
Languages : en
Pages : 240
Book Description
future generations is a factor that should be considered in an optimal insurance tax structure.
American Doctoral Dissertations
Author: Publisher:
ISBN:
Category : Dissertation abstracts
Languages : en
Pages : 776
Book Description
Essays on Saving, Bequests, Altruism, and Life-cycle Planning
Author: Laurence J. KotlikoffPublisher: MIT Press
ISBN: 9780262263344
Category : Business & Economics
Languages : en
Pages : 596
Book Description
This collection of essays, coauthored with other distinguished economists, offers new perspectives on saving, intergenerational economic ties, retirement planning, and the distribution of wealth. The book links life-cycle microeconomic behavior to important macroeconomic outcomes, including the roughly 50 percent postwar decline in America's rate of saving and its increasing wealth inequality. The book traces these outcomes to the government's five-decade-long policy of transferring, in the form of annuities, ever larger sums from young savers to old spenders. The book presents new theoretical and empirical analyses of altruism that rule out the possibility that private intergenerational transfers have offset those by the government.While rational life-cycle behavior can explain broad economic outcomes, the book also shows that a significant minority of households fail to make coherent life-cycle saving and insurance decisions. These mistakes are compounded by reliance on conventional financial planning tools, which the book compares with Economic Security Planner (ESPlanner), a new life-cycle financial planning software program. The application of ESPlanner to U.S. data indicates that most Americans approaching retirement age are saving at much lower rates than they should be, given potential major cuts in Social Security benefits.
Essays in Macroeconomic Dynamics
Author: Jesús Fernández-Villaverde SánchezPublisher:
ISBN:
Category :
Languages : en
Pages : 418
Book Description
Comprehensive Dissertation Index
Author: Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 978
Book Description
Index to American Doctoral Dissertations
Author: Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 1252
Book Description
Author: Jahangir Aziz
Author: Rishin Roy