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UID:event-8116@www.amse-aixmarseille.fr
DTSTAMP:20260726T024116Z
CREATED:20260726T024116Z
LAST-MODIFIED:20260726T024116Z
STATUS:CONFIRMED
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SUMMARY:PhD seminar - Camille Hainnaux*\, Mykhailo Matvieiev**
DTSTART:20210518T090000Z
DTEND:20210518T103000Z
DESCRIPTION:*In this paper\, we investigate the impact of redistribution an
 d taxation on inequality and environmental quality. We build a two-sector R
 amsey model with a green good\, a polluting good\, heterogeneous households
  with non-homothetic preferences and a subsistence level of consumption for
  the polluting commodity. We find that under heterogeneous preferences\, lu
 mp-sum transfers are able to reduce inequality but harms environmental qual
 ity. In the same vein\, increasing the environmental tax under a high level
  of subsistence consumption leads to lower inequalities when coupled with h
 igh redistribution\, but increases environmental damages. Therefore\, there
  may be a tradeoff between inequality reduction and pollution mitigation.**
 This paper studies the effect of an increase in the retirement age on the n
 atural interest rate. I construct an overlapping generations model in which
  individuals experience a series of idiosyncratic income shocks over the li
 fe cycle. Without perfect insurance against income risk\, every additional 
 year on the labor market before retirement boosts income uncertainty and\, 
 consequently\, increases precautionary saving. An enhanced precautionary mo
 tive generates a downward pressure on the interest rate. Under reasonable p
 arametrization\, my model generates a decrease in the natural interest rate
  of about 0.5 percentage points in response to a retirement age increase of
  one year.\\n\\nContact: Anushka Chawla: anushka.chawla[at]univ-amu.frKenz
 a Elass: kenza.elass[at]univ-amu.frCarolina Ulloa Suarez: carolina.ulloa-su
 arez[at]univ-amu.fr\n\nPlus d'informations: https://www.amse-aixmarseille.f
 r/en/events/camille-hainnaux-mykhailo-matvieiev-0
URL;VALUE=URI:https://www.amse-aixmarseille.fr/en/events/camille-hainnaux-mykhailo-matvieiev-0
CONTACT:Anushka Chawla:&nbsp\;anushka.chawla[at]univ-amu.frKenza Elass: ken
 za.elass[at]univ-amu.frCarolina Ulloa Suarez: carolina.ulloa-suarez[at]univ
 -amu.fr
TRANSP:OPAQUE
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