Self-insurance in a life-cycle model of labour supply and savings

By Hamish Low. 2005

198 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Gender Studies

View Paper: https://www.semanticscholar.org/paper/852892bf43268e01411e7212f58d694aefbe04ff

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Citations in the corpus

Earnings, consumption and lifecycle choices (2010, background): “According to Knight, the difference between risk and cutting the consumption of leisure rather than the consumption of goods (Low, 2005) (b) delaying the adjustment to the optimal stock of durable goods in models with fixed adjustment costs of the (S,s) variety (Bertola, Guiso and Pistaferri,…”
Means Testing Retirement Benefits: fostering equity or discouraging savings? (2008, unknown): “Although the concept of an experience term in a wage regression is not new 25 , its inclusion is an innovation for the related literature (e.g. Low (2005) and French (2005)).”
Optimal Portfolio Choice over the Life-Cycle with Flexible Work, Endogenous Retirement, and Lifetime Payouts (2011, unknown): “18 Here the annuities are held in a non-tax qualified account and interest earnings are taxed as capital gains at a rate below the tax rate on labor earnings but higher than the Social Security tax rate (i.e.  <  < ). This is an approximation to the exclusion ratio approach implemented by the US ”
Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities (2013, unknown): “…and Rogerson (2010) argue that obtaining consistent structural estimates from wage variation over the life cycle requires accounting for a broad range of factors such as human capital accumulation (Imai and Keane 2004), credit constraints (Domeij and Floden 2006), and uninsurable risks (Low 2005).”
Spain is Different: Falling Trends of Inequality (2009, background): “See Low (2005), Pijoan-Mas (2006) and Heathcote, Storesletten, and Violante (2008a).”
Moving Back Home: Insurance against Labor Market Risk (2012, background): “Examples include nancial contracts that are subject to limited enforcement constraints (Krueger and Perri, 2006), durable consumption goods (Fernández-Villaverde and Krueger, 2007), variable labor supply (Low, 2005) and bankruptcy protection (Chatterjee et al.”
Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective (2015, unknown): “Other potentially important omitted factors that we will look at are credit constraints ( Domeij and Floden ( 2006 ) ) , and uninsurable wage risk ( Low ( 2005 ) ) .”
Precautionary Savings or Working Longer Hours (2005, unknown): “In a different type of work, Low (2005) examines the life-cycle consumption and labor allocations in a partial equilibrium context and finds that for a given set of parameters, a model with endogenous labor supply generates higher savings than an exogenous labor model.”
Optimal Life-Cycle Investing with Flexible Labor Supply: A Welfare Analysis of Life-Cycle Funds (2008, methodology): “Eric French (2005) and Hamish W. Low (2005) explore optimal consumption in a realistically calibrated lifecycle model, but ignore portfolio choice.”