John Creedy

Working paper

Pensions, savings and housing: a life-cycle framework with policy simulations

The paper develops a model to assess the saving and consumption responses of a representative household to a range of policy interventions such as changes in taxes and pension settings.

The welfare gain from a new good: an introduction

This note provides an elementary introduction to the measurement of welfare gains from the introduction of a new good, based on the concept of the ‘virtual price’ and standard expressions for welfare changes arising from price changes. Introduction Any attempt to measure changes in living...