Dr Antoine Bozio: all content

    Showing 1 – 20 of 46 results

    Working paper graphic

    Policy discontinuity and duration outcomes

    Working Paper

    Causal effects of a policy change on the hazard rates of a duration outcome variable are not identified from a comparison of spells before and after the policy change when there is unobserved heterogeneity in the effects and no model structure is imposed.

    14 March 2018

    Journal graphic

    Do the rich save more? Evidence from linked survey and administrative data

    Journal article

    The nature of the relationship between lifetime income and saving rates is a longstanding empirical question and one that has been surprisingly difficult to answer. We use a new data set containing both individual survey data on wealth holdings and administrative data on earnings histories to examine this question.

    4 October 2017

    Journal graphic

    Discount rate heterogeneity among older households: a puzzle?

    Journal article

    We put forward a method for estimating discount rates using wealth and income data. We build consumption from these data using the budget constraint. Consumption transitions yield discount rates by household groups. Applying this technique to a sample of older households, we find a similar distribution to those previously estimated using field data, though with a much lower mean than those found using experiments. Surprisingly, among this older population, patience is negatively correlated with education and numeracy. This goes against the positive correlation found for younger populations in experiments and some field studies. We discuss potential explanations for this result.

    1 April 2017

    Event graphic

    The incidence and labour market effects of social security contributions

    Event 29 February 2016 at 10:45 <p>7 Ridgmount Street<br />London<br />WC1E 7AE</p>
    This two-day academic workshop at the Institute for Fiscal Studies will feature 9 papers on the incidence and labour market effects of SSCs, alongside a panel discussion on directions for future research chaired by Professor Sir Richard Blundell.
    Journal graphic

    French public finances through the financial crisis: it's a long way to recovery

    Journal article

    France was modestly hit by the financial crisis compared with its neighbours but the recovery has been particularly slow. The shock to the public finances was nonetheless significant, and came on top of an already weak pre-crisis fiscal position. Part of this shock is expected to be permanent and the French government has so far mostly used increases in taxation to bring borrowing under control.

    10 December 2015

    Working paper graphic

    Labour supply and taxation with restricted choices

    Working Paper

    A model of labour supply is developed in which individuals face restrictions on hours choices. Observed hours reflect both the distribution of preferences and the distribution of offers.

    22 January 2015

    Working paper graphic

    Labour supply and taxation with restricted choices

    Working Paper

    A model of labour supply is developed in which individuals face restrictions on hours choices. Observed hours reflect both the distribution of preferences and the distribution of offers.

    14 March 2014

    Working paper graphic

    Policy discontinuity and duration outcomes

    Working Paper

    A comparison of hazard rates of duration outcomes before and after policy changes is hampered by non-identification if there is unobserved heteogeneity in the effects and no model structure is imposed. We develop a discontinuity approach that overcomes this by exploiting variation in the moment at which different cohorts are exposed to the policy change, i.e. by considering spells crossing the policy change.

    2 October 2013

    Publication graphic

    Extensive and Intensive Margins of Labour Supply: Work and Working Hours in the US, the UK and France

    Resource

    This paper provides a new analysis of the main stylised facts underlying the evolution of labour supply at the extensive and intensive margins in three countries: the United States, the United Kingdom and France. We propose a definition of the extensive and intensive margins corresponding respectively to the employment rate and to hours when employed. This definition is robust to the choice of the reference period and we develop a new statistical decomposition that provides bounds on changes at these margins. We focus on longer-run labour supply changes over the period 1977 to 2007 and abstract from the shorter-run impact of recessions. Examining secular changes over this period, we show that both margins matter in explaining changes in total hours. We then provide a detailed analysis across countries and across time by demographic type. Given the large systematic differences we uncover in the importance of these margins by age and gender, it is unlikely that a single explanation will suffice to account for the macroeconomic evolutions in the three countries.

    5 March 2013

    Journal graphic

    Labor supply and the extensive margin

    Journal article

    In this paper we propose a systematic way of examining the importance of the extensive and the intensive margins of labor supply in order to explain the overall movements in total hours of work over time.

    1 May 2011