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Cormac O'Dea

Cormac O'Dea

Research Fellow

Education

PhD Economics, University College London, 2016

MPhil Economics (Distinction), University of Cambridge, 2007

BA Economics (1st Class), Trinity College Dublin, 2006

Cormac O'Dea is an Assistant Professor at the Yale University Economics Department. Cormac is also a Research Fellow of the IFS. He previously worked at the IFS from 2007 to 2017, and was an Associate Director from 2016 to 2017.

Academic outputs

IFS Working Paper W18/14
This paper investigates individuals' expectations about their own survival to older ages and compares patterns in average responses about survival chances with actual and projected survival rates.
Journal article | The Economic Journal
We document that households in the UK with extremely low measured income tend to spend much more than those with merely moderately low income. This phenomenon is evident throughout three decades worth of microdata and across different employment states, levels of education and marital statuses.

Reports and comment

External publication
This paper provides a comprehensive comparison of the financial incentive to work in Ireland and the UK. It uses closely harmonised tax and benefit microsimulation models for both countries, based on household survey data, to provide an accurate and representative picture of the financial ...
Observation
A special issue of Fiscal Studies launched today shows how wealth is concentrated among a small number of households, and is much more concentrated than incomes. Younger generations are on course to have less wealth at each point in life than earlier generations and inheritances do little to even ...

Presentations

Presentation
We document evidence on individual expectations of survival to older age and implications of survival "pessimism" for economic behaviour.
Presentation
This presentation was delivered at the launch event 'Evolution of wealth and attitudes towards saving' on 19 November 2015.