Abstract: Some key issues in pension reform are best analysed using a dynamic microsimulation model taking account of diverse working age careers. This project will re-specify NIESR's dynamic cohort microsimulation model of savings and labour supply decisions to reflect circumstances in Ireland. This model represents current best practice in the economic analysis of decision making in the context of uncertainty. It is explicitly designed to reflect the fact that decisions regarding saving for retirement must be made well before an individual can be certain about their financial circumstances in old age. The project will recalibrate the model and apply it to a number of key policy issues in Irish pension reform. Client: DG Employment, Social Affairs and Equal Opportunities DG
The ESRI works towards a national vision of ‘Informed policy for a better Ireland’. This means producing high-quality analysis to provide robust evidence for policymaking, with the goals of research excellence and policy impact.
The ESRI produces research that contributes to understanding economic and social change in the new international context and that informs public policymaking and civil society in Ireland.