I develop a quantitative, dynamic general equilibrium model of life cycle behavior to study the effects of several policy reforms on assets composition over the life cycle, wealth distribution and aggregate saving. Privatizing social security increases aggregate saving, decreases overall wealth inequality, and generates large welfare gain, especially for agents with high initial productivity. L...

The first two methods seem appropriate for the measuring of the “cost of living,” as they cover the consumption of the service produced by housing. The payments method reflects the actual outlay for owning a dwelling for shelter purposes; it can be regarded as a simplified version of the user cost method. The user cost method, as adopted by Canada and Sweden, includes the opportunity cost of ow...

Alastair McFarlane U.S. Department of Housing and Urban Development Office of Policy Development and Research Washington, D.C. 20410 Tel. 202 708 0426 Fax 202 708 1159 Email: [email protected] Original: May 1999 First revision: August 2001 JEL Classifications: R11 (Analysis of growth, development, and changes;) R33 (Housing supply and markets); and R38 (government policies; regulatory ...

Along with increased concerns about the green movement in society and academia, this study conceptually discovers how green movement cues influence customers’ emotions, cognitions, brand attitudes, and further their behavior intentions by applying a well-developed advertising processing model in an online environment—the modified Affect Transfer Hypothesis (ATH) model. In addition, this study a...