Family planning in a life‐cycle model with income risk

2020 ◽  
Vol 35 (5) ◽  
pp. 567-586 ◽  
Author(s):  
Mette Ejrnæs ◽  
Thomas H. Jørgensen
Keyword(s):  
Life Cycle ◽  
Family Planning ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Income Risk

scholarly journals OPTIMAL SAVINGS FOR RETIREMENT: THE ROLE OF INDIVIDUAL ACCOUNTS

2016 ◽  
Vol 21 (6) ◽  
pp. 1361-1388 ◽  
Author(s):  
Julia Le Blanc ◽  
Almuth Scholl
Keyword(s):  
Life Cycle ◽  
Low Income ◽  
Welfare Effects ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Income Risk ◽  
Income Groups ◽  
Quantitative Results ◽  
Individual Accounts

We employ a life-cycle model with income risk to analyze how tax-deferred individual accounts affect households' savings for retirement. We consider voluntary accounts as opposed to mandatory accounts with minimum contribution rates. We contrast add-on accounts with carve-out accounts that partly replace social security contributions. Quantitative results suggest that making add-on accounts mandatory has adverse welfare effects across income groups. Carve-out accounts generate positive welfare effects across all income groups, but gains are lower for low income earners. Default investment rules in individual accounts have a modest impact on welfare.

Company life cycle model: The influence of interior and exterior factors

2020 ◽  
Author(s):  
Oleg Malafeyev ◽  
Irina Zaitseva ◽  
Sergey Sychev ◽  
Gennady Badin ◽  
Ilya Pavlov ◽  
...  
Keyword(s):  
Life Cycle ◽  
Life Cycle Model ◽  
Cycle Model
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