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DYNAMICSS SIGNED

Labour market dynamics and optimal policies

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 DYNAMICSS project word cloud

Explore the words cloud of the DYNAMICSS project. It provides you a very rough idea of what is the project "DYNAMICSS" about.

pension    income    central    variations    empirics    breaking    equipped    mostly    women    extensions    statistics    profiles    contribution    leveraging    labour    trade    dynamicss    debates    optimal    sufficient    social    offs    specify    advantage    settings    retirement    limited    decisions    integrating    transfer    function    norm    lifetime    full    family    extend    static    individuals    contributions    effect    empirical    techniques    cultural    market    reforms    dependent    analysing    benefit    from    ss    literature    administrative    dynamic    profile    policies    edge    ill    econometric    theory    expressing    tax    transfers    policy    exploring    data    connects    time    dynamics    create    wealth    men    formulae    guidance    idea    clear    cutting    programs    implied    ui    generosity    consumption    complete    benefits    insurance    behavioural    inherently    schedule    expenditures    reform    compelling    framework    ground    tightly   

Project "DYNAMICSS" data sheet

The following table provides information about the project.

Coordinator
LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE 

Organization address
address: Houghton Street 1
city: LONDON
postcode: WC2A 2AE
website: www.lse.ac.uk

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website http://sticerd.lse.ac.uk/_new/research/pep/consumption/default.asp
 Total cost 1˙049˙855 €
 EC max contribution 1˙049˙855 € (100%)
 Programme 1. H2020-EU.1.1. (EXCELLENT SCIENCE - European Research Council (ERC))
 Code Call ERC-2015-STG
 Funding Scheme ERC-STG
 Starting year 2016
 Duration (year-month-day) from 2016-03-01   to  2021-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE UK (LONDON) coordinator 1˙049˙855.00

Map

 Project objective

From pension reforms to UI extensions, the optimal tax and program design literature is often ill-equipped to provide clear guidance in policy debates on the reform of social insurance and tax-and-benefit systems. The reason is that this literature is mostly focused on static settings, while these programs are inherently dynamic: they specify a schedule of tax and benefits that is time or state dependent and they affect individuals’ decisions throughout their lifetime. DYNAMICSS will offer a simple and general approach to the analysis of optimal dynamic policies that connects to the data. The key idea of DYNAMICSS is to extend the sufficient statistics (SS) approach to dynamic settings and characterize the full time profile, rather than the average generosity, of social insurance and transfer policies. By expressing optimal policy as a function of a limited set of statistics, the SS approach has the advantage of making clear the trade-offs implied in optimal tax or benefit formulae and of tightly integrating the theory and the empirics of optimal policy analysis, to offer robust policy guidance. DYNAMICSS will use unique administrative data and cutting-edge econometric techniques to exploit compelling variations in policy profiles and offer significant contributions to the empirical analysis of dynamic behavioural responses to policies. A central contribution will be to create a unique measure of consumption expenditures based on leveraging complete administrative information on income, transfers and wealth to offer ground-breaking evidence of the effect of social insurance on consumption dynamics. Part I will use and extend the SS framework to analyse the optimal time profile of UI benefits. Part II will develop this approach for analysing the optimal design of retirement pension systems. Part III will address optimal family policies with a focus on understanding the different dynamics of men and women in the labour market, and exploring the role of cultural norm

 Publications

year authors and title journal last update
List of publications.
2018 Jonas Kolsrud, Camille Landais, Peter Nilsson, Johannes Spinnewijn
The Optimal Timing of Unemployment Benefits: Theory and Evidence from Sweden
published pages: 985-1033, ISSN: 0002-8282, DOI: 10.1257/aer.20160816
American Economic Review 108/4-5 2019-09-02
2017 Henrik Kleven, Camille Landais
Gender Inequality and Economic Development: Fertility, Education and Norms
published pages: 180-209, ISSN: 0013-0427, DOI: 10.1111/ecca.12230
Economica 84/334 2019-09-02

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