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Opendata, web and dolomites

DYNAMICSS SIGNED

Labour market dynamics and optimal policies

Total Cost €

EC-Contrib. €

Partnership

Views

Outcomes and
results

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.

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

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 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.	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

List of publications.
year	authors and title	journal	last update
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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