van de Ven, Justin and Callan, Tim and Keane, Claire (2011) A Framework for Pension Policy Analysis in Ireland: PENMOD, a Dynamic Simulation Model. ESRI WP400. August 2011. [Working Paper]
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Official URL: http://www.esri.ie/publications/a-framework-for-pe...
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.
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| Social Networking: |
| Item Type: | Working Paper |
|---|---|
| Subjects for non-EU documents: | Countries > Ireland EU policies and themes > Policies & related activities > social policy > welfare state |
| Subjects for EU documents: | UNSPECIFIED |
| EU Series and Periodicals: | UNSPECIFIED |
| EU Annual Reports: | UNSPECIFIED |
| Series: | Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers |
| Depositing User: | Alyssa McDonald |
| Official EU Document: | No |
| Language: | English |
| Date Deposited: | 20 Jun 2017 09:14 |
| Number of Pages: | 57 |
| Last Modified: | 24 Sep 2018 13:30 |
| URI: | http://aei.pitt.edu/id/eprint/87941 |
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