Results for *

Displaying results 1 to 7 of 7.

  1. Private wealth over the life-cycle
    a meeting between microsimulation and structural approaches
    Published: janvier 2023
    Publisher:  Insee, Institut national de la statistique et des études économiques, Montrouge, France

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 681
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Documents de travail / Insee ; no. 2023, 04 (janvier 2023)
    Subjects: Microsimulation; Intertemporal Consumer Choice; Life-cycle; Inequality
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  2. Are low-skill women being left behind?
    labor market evidence from the UK
    Published: 2022 FEB
    Publisher:  International Monetary Fund, [Washington, D.C.]

    Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and cohort effects for the likelihood of employment in different occupations and the wages earned therein over 2001-2019. For recent generations of women, cohort effects indicate a higher likelihood of employment in low-paying manual jobs relative to high-paying abstract jobs. However, cohort effects also underpin falling wages for post-1980 cohorts across all occupations. We find that falling returns to labor rather than job polarization has been a key driver of rising inter-age wage inequality among low-skill females. Wage-level cohort effects underpin a nearly 10 percent fall in expected lifetime earnings for low-skill women born in 1990 relative to those born in 1970

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9798400204678
    Other identifier:
    Series: Working paper / International Monetary Fund ; WP/22, 42
    Subjects: Job polarization; Occupational choice; Life-cycle; Cohorts; Inter-generational inequality; Human Capital; Labor Force, Employment, Size and Structure; Labor Productivity; Occupational Choice; Skills
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  3. Secular drivers of the natural rate of interest in the United States
    a quantitative evaluation
    Published: 2022 FEB
    Publisher:  International Monetary Fund, [Washington, D.C.]

    We develop a heterogeneous agent, overlapping generations model with nonhomothetic preferences that nests several explanations for the decline in the natural rate of interest (r*) suggested in the literature: demographic change, a slowdown in... more

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    Verlag (kostenfrei)
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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    We develop a heterogeneous agent, overlapping generations model with nonhomothetic preferences that nests several explanations for the decline in the natural rate of interest (r*) suggested in the literature: demographic change, a slowdown in productivity growth, a rise in income inequality, and public policy. The model can account for a 2.2 percentage point (pp) decline in r* between 1975 and 2015, which is within the range of empirical estimates. Rising income inequality is an important driver (-0.70 pp), and together with demographic change (-0.71 pp) and the slowdown in productivity growth (-1.0 pp) explains most of the decline. Growing public debt is the major counteracting force (+0.31 pp). Permanent income inequality is of greater importance than inequality due to uninsurable income risk, and matching the degree of nonhomotheticity in consumption and savings behavior to empirical estimates is essential for this result. We predict that r* will reach a low of 0.38% by 2030, after which a slow reversal will begin. The natural rate will stabilize at 1% in the long run, a low level when compared with the postwar path of r* implied by the model. This remains true even if we take into account soaring public debt levels due to the COVID-19 pandemic. Policy can have considerable impact on the level of r* through the tax and transfer system

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9798400203282
    Other identifier:
    Series: Working paper / International Monetary Fund ; WP/22, 30
    Subjects: Demographic Change; Inequality; Life-cycle; Natural Rate of Interest; Nonhomothetic Preferences; Secular Stagnation; Interest Rates; Macroeconomic Policy and Macroeconomic Aspects of Public Finance; Macroeconomics; Personal Income, Wealth and Their Distributions; Saving; Wealth
    Scope: 1 Online-Ressource (circa 88 Seiten), Illustrationen
  4. Non-regular employment in Japan from the 1980s
    Published: Apr 2021
    Publisher:  National Graduate Institute for Policy Studies, Tokyo, Japan

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 649
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: GRIPS discussion paper ; 21, 01
    Subjects: Non-regular employment; Life-cycle; Japan
    Scope: 1 Online-Ressource (circa 68 Seiten), Illustrationen
  5. Preference for wealth and life cycle portfolio choice
    Published: [2022]
    Publisher:  Università degli studi di Torino, [Torino]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 651
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Department of Economics and Statistics working paper series ; no. 75 (June 2022)
    Subjects: Life-cycle; Portfolio Choice; Preference over Wealth; Wealth Inequality
    Scope: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  6. Are low-skill women being left behind?
    labor market evidence from the UK
    Published: 2022 FEB
    Publisher:  International Monetary Fund, [Washington, D.C.]

    Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
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    Universitätsbibliothek Braunschweig
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    Staats- und Universitätsbibliothek Bremen
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    Universitätsbibliothek Erfurt / Forschungsbibliothek Gotha, Universitätsbibliothek Erfurt
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    Bibliothek der Pädagogischen Hochschule Freiburg/Breisgau
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Technische Universität Hamburg, Universitätsbibliothek
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek
    e-Book Nationallizenz
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    Thüringer Universitäts- und Landesbibliothek
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    Fachhochschule Kiel, Zentralbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 301
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    Universitätsbibliothek Leipzig
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    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
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    Duale Hochschule Baden-Württemberg Mosbach, Bibliothek
    E-Book Nationallizenz IMF
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    Hochschule Offenburg, University of Applied Sciences, Bibliothek Campus Offenburg
    E-Book International Monetary Fund
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    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
    e-Book International Monetary Fund eLibrary
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    Duale Hochschule Baden-Württemberg Ravensburg, Bibliothek
    E-Book IMF
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    Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen
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    Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and cohort effects for the likelihood of employment in different occupations and the wages earned therein over 2001-2019. For recent generations of women, cohort effects indicate a higher likelihood of employment in low-paying manual jobs relative to high-paying abstract jobs. However, cohort effects also underpin falling wages for post-1980 cohorts across all occupations. We find that falling returns to labor rather than job polarization has been a key driver of rising inter-age wage inequality among low-skill females. Wage-level cohort effects underpin a nearly 10 percent fall in expected lifetime earnings for low-skill women born in 1990 relative to those born in 1970

     

    Export to reference management software   RIS file
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9798400204678
    Other identifier:
    Series: Working paper / International Monetary Fund ; WP/22, 42
    Subjects: Job polarization; Occupational choice; Life-cycle; Cohorts; Inter-generational inequality; Human Capital; Labor Force, Employment, Size and Structure; Labor Productivity; Occupational Choice; Skills
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  7. Secular drivers of the natural rate of interest in the United States
    a quantitative evaluation
    Published: 2022 FEB
    Publisher:  International Monetary Fund, [Washington, D.C.]

    We develop a heterogeneous agent, overlapping generations model with nonhomothetic preferences that nests several explanations for the decline in the natural rate of interest (r*) suggested in the literature: demographic change, a slowdown in... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    No inter-library loan
    Universitätsbibliothek Braunschweig
    No inter-library loan
    Staats- und Universitätsbibliothek Bremen
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    Universitätsbibliothek Erfurt / Forschungsbibliothek Gotha, Universitätsbibliothek Erfurt
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    Bibliothek der Pädagogischen Hochschule Freiburg/Breisgau
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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    No inter-library loan
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    No inter-library loan
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    No inter-library loan
    Technische Universität Hamburg, Universitätsbibliothek
    No inter-library loan
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    No inter-library loan
    Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek
    e-Book Nationallizenz
    No inter-library loan
    Thüringer Universitäts- und Landesbibliothek
    No inter-library loan
    Fachhochschule Kiel, Zentralbibliothek
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 301
    No inter-library loan
    Universitätsbibliothek Leipzig
    No inter-library loan
    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
    No inter-library loan
    Duale Hochschule Baden-Württemberg Mosbach, Bibliothek
    E-Book Nationallizenz IMF
    No inter-library loan
    Hochschule Offenburg, University of Applied Sciences, Bibliothek Campus Offenburg
    E-Book International Monetary Fund
    No loan of volumes, only paper copies will be sent
    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
    e-Book International Monetary Fund eLibrary
    No loan of volumes, only paper copies will be sent
    Duale Hochschule Baden-Württemberg Ravensburg, Bibliothek
    E-Book IMF
    No inter-library loan
    Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen
    No loan of volumes, only paper copies will be sent

     

    We develop a heterogeneous agent, overlapping generations model with nonhomothetic preferences that nests several explanations for the decline in the natural rate of interest (r*) suggested in the literature: demographic change, a slowdown in productivity growth, a rise in income inequality, and public policy. The model can account for a 2.2 percentage point (pp) decline in r* between 1975 and 2015, which is within the range of empirical estimates. Rising income inequality is an important driver (-0.70 pp), and together with demographic change (-0.71 pp) and the slowdown in productivity growth (-1.0 pp) explains most of the decline. Growing public debt is the major counteracting force (+0.31 pp). Permanent income inequality is of greater importance than inequality due to uninsurable income risk, and matching the degree of nonhomotheticity in consumption and savings behavior to empirical estimates is essential for this result. We predict that r* will reach a low of 0.38% by 2030, after which a slow reversal will begin. The natural rate will stabilize at 1% in the long run, a low level when compared with the postwar path of r* implied by the model. This remains true even if we take into account soaring public debt levels due to the COVID-19 pandemic. Policy can have considerable impact on the level of r* through the tax and transfer system

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9798400203282
    Other identifier:
    Series: Working paper / International Monetary Fund ; WP/22, 30
    Subjects: Demographic Change; Inequality; Life-cycle; Natural Rate of Interest; Nonhomothetic Preferences; Secular Stagnation; Interest Rates; Macroeconomic Policy and Macroeconomic Aspects of Public Finance; Macroeconomics; Personal Income, Wealth and Their Distributions; Saving; Wealth
    Scope: 1 Online-Ressource (circa 88 Seiten), Illustrationen