Showing 1 - 10 of 12
Life expectancies are rapidly increasing and uncertain in all countries in Europe. To keep pension systems affordable, policy reforms are to be implemented which will encourage individuals to work longer. In this paper we analyze the impact of working and living longer on pension incomes in five...
Persistent link: https://www.econbiz.de/10010530853
Persistent link: https://www.econbiz.de/10011539068
Persistent link: https://www.econbiz.de/10011539098
Persistent link: https://www.econbiz.de/10014228670
In this paper the author presents a general assessment of the labour market situation of older workers in the Czech Republic, starting with a more general overview of the demographic situation and emphasizing the generational differences among the young-old and older cohorts, underlying a number...
Persistent link: https://www.econbiz.de/10010252171
The paper discusses possible directions and magnitudes of the relationship between the social security driven tax wedge, employment and shadow employment in Russia and Ukraine. The first section presents a summary of the economic and institutional background for development of the current size...
Persistent link: https://www.econbiz.de/10003915680
Persistent link: https://www.econbiz.de/10011564002
Persistent link: https://www.econbiz.de/10011564014
The notion of bounded rationality has received a considerable attention in the midst of debate over the usefulness of various macroeconomic models. In this paper we empirically seek to analyze the baseline New-Keynesian model with heterogeneous agents who may adopt various heuristics used to...
Persistent link: https://www.econbiz.de/10011635481
This study extends the hybrid version of the baseline New-Keynesian model with heterogeneous agents who may adopt various forecast heuristics. With a focus on consumer expectations, we identify the most appropriate pairs of forecast heuristics that can lead to an equivalent fit to the data...
Persistent link: https://www.econbiz.de/10011942376