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Social security system old age insurance systems are devices for the sharing of income risks of elderly people with others. Risks can be shared intergenerationally (with the young of the same country), intragenerationally (with other elderly of the same country) or internationally (with...
Persistent link: https://www.econbiz.de/10004990813
This paper tests a central implication of the theory of equalizing differences, that workers sort into jobs with …
Persistent link: https://www.econbiz.de/10005822980
probabilities assumed in Knightian decision theory. I argue that some standard uses of classical inference are Knightian in spirit …
Persistent link: https://www.econbiz.de/10005762490
they are really the most challenging ones for conventional theory. New developments are emerging both at the theoretical …
Persistent link: https://www.econbiz.de/10005763508
Neighbourhood effects research is at a crossroads since current theoretical and empirical approaches do not seem to be moving the debate forward. In this paper, we present a set of ten challenges as a basis for a new research agenda which will give new direction to the neighbourhood effects...
Persistent link: https://www.econbiz.de/10011085106