scholarly journals Fertility Choice in a Life Cycle Model with Idiosyncratic Uninsurable Earnings Risk

2014 ◽  
Author(s):  
Kamila Sommer
Keyword(s):  
Life Cycle ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Fertility Choice ◽  
Earnings Risk

Can Tax Rebates Stimulate Consumption Spending in a Life-Cycle Model?

2014 ◽  
Vol 6 (1) ◽  
pp. 162-189 ◽  
Author(s):  
Jonathan Huntley ◽  
Valentina Michelangeli
Keyword(s):  
Life Cycle ◽  
Portfolio Choice ◽  
Precautionary Savings ◽  
Financial Assets ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Marginal Propensity To Consume ◽  
Tax Returns ◽  
Marginal Propensity ◽  
Earnings Risk

We build a life-cycle model with earnings risk, liquidity constraints, and portfolio choice over tax-deferred and taxable assets to evaluate how household consumption changes in response to shocks to transitory anticipated income, such as the 2001 income tax rebate. Households optimally invest in tax-deferred assets, which are encumbered by withdrawal penalties, and exchange taxable precautionary savings for higher after-tax returns. The model predicts a higher marginal propensity to consume out of a rebate than is predicted by a standard frictionless life-cycle model. Liquidity-constrained households—with few financial assets or portfolios expensive to reallocate—consume a higher fraction of the rebates. (JEL D91, E21, G11, H24)

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

A Life-Cycle Model for Career Teachers

2001 ◽  
Vol 38 (1) ◽  
pp. 16-19 ◽  
Author(s):  
Betty E. Steffy ◽  
Michael P. Wolfe
Keyword(s):  
Life Cycle ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Career Teachers
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