Results 41 to 47 of about 75,594 (47)

Addressing Longevity Inequality: How Retirement Age Differentiation Can Be Implemented

CESifo Economic Studies
Differences in life expectancy across socioeconomic groups create a serious problem of inequality within the public part of the pension system. This article considers two actuarially sound ways of addressing longevity inequality.
S. E. H. Jensen, T. Sveinsson, G. Zoega
semanticscholar   +1 more source

Institution Building without Commitment

The American Economic Review
We propose a theory of gradualism in the implementation of good policies, suitable for environments featuring time consistency. We downplay the role of the initial period by allowing agents both to wait for future agents to start equilibrium play and to ...
Marco Bassetto, Zhen Huo, José-Víctor Ríos-Rull   +2 more
semanticscholar   +1 more source

Rôle des inégalités de revenu dans la conduite de la politique monétaire en zone CEMAC : que nous enseignent les modèles DSGE avec agents hétérogènes ?

Revue d'Economie du Developpement
Ce court article montre le rôle clé des inégalités de revenu des ménages dans la conduite de la politique monétaire en zone CEMAC. En effet, le modèle avec hétérogénéité permet d’avoir de meilleures prévisions et, par conséquent, aide à la prise de ...
Franck Xavier Signe, Jean-Christophe Poutineau, Jean-Marie Gankou   +2 more
semanticscholar   +1 more source

Household Balance Sheets, Consumption, and the Economic Slump*

, 2013
Atif R. Mian, K. Rao, Amir Sufi
semanticscholar   +1 more source

DOES INCOME INEQUALITY PROMOTE ECONOMIC GROWTH?

International Journal of Business & Economics (IJBE)
We derive a model in which we show that economic growth is directly affected by a change in marginal propensity to consume. We apply the vector error correction model, results from which show that Gini coefficient – a measure of income inequality ...
Deergha Raj, Adhikari
semanticscholar   +1 more source

Sudden Stops, Financial Crises, and Leverage

, 2010
E. Mendoza
semanticscholar   +1 more source

Consumption and Debt Response to Unanticipated Income Shocks: Evidence from a Natural Experiment in Singapore

, 2014
Sumit Agarwal, Wenlan Qian
semanticscholar   +1 more source