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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.

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

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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