Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/100221
Authors: 
Callan, Tim
van de Ven, Justin
Keane, Claire
Year of Publication: 
2011
Series/Report no.: 
Working Paper, The Economic and Social Research Institute (ESRI), Dublin 400
Abstract: 
This paper describes a structural dynamic microsimulation model of the household that has been developed to explore behavioural responses to pensions policy counterfactuals in Ireland. The model is based upon the life-cycle theory of behaviour, which assumes that individuals make their decisions to maximise expected lifetime utility, subject to expectations that are consistent with the prevailing decision making environment. The model is calibrated to match Irish survey data.
Subjects: 
Dynamic Programming
Savings
Labor Supply
Pensions
JEL: 
C51
C61
C63
H31
Document Type: 
Working Paper

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