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A Collective Retirement Model : Identification and Estimation in the Presence of Externalities

Michaud, P.C.; Vermeulen, F.M.P. - Tilburg University, Center for Economic Research - 2004

We study the labor supply dynamics of elderly couples by means of a structural collective model.The model allows for general externalities with respect to spouses leisure.Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...

Persistent link: https://www.econbiz.de/10011092793

Altruism and fairness in a public pension system

van der Heijden, Eline; nelissen, jan; Verbon, H.A.A. - Tilburg University, Center for Economic Research - 1995

In this paper it is empirically investigated whether feelings of altruism towards members of other generations and senses of justice have an impact on the individual s evaluation of the public pension system. The data have been obtained from a large-scale survey carried out among a...

Persistent link: https://www.econbiz.de/10011090542

General-Equilibrium Effects of Privatisation : The Missing Piece in Social Security Reform

van Groezen, Bas; Meijdam, Lex; Verbon, H.A.A. - Tilburg University, Center for Economic Research - 2002

This paper analyses the effects of reducing unfunded social security in a closed economy that consists of a service sector and a commodity sector.It is shown that if old agents mainly demand labour intensive services, a modest decrease of the pay-as-you-go pension scheme still raises long-run...

Persistent link: https://www.econbiz.de/10011090643

Social Security Reform and Population Ageing in a Two-Sector Growth Model

van Groezen, Bas; Meijdam, Lex; Verbon, H.A.A. - Tilburg University, Center for Economic Research - 2002

This paper analyses the effects of reducing unfunded social security and population ageing on economic growth and welfare, both for a small open economy and for a closed economy.The economy consists of a service sector and a commodity sector.Productivity growth only occurs in the latter sector...

Persistent link: https://www.econbiz.de/10011090756

A cross-cultural study of reciprocity, trust and altruism in a gift exchange experiment

van der Heijden, Eline; Lensberg, T. - Tilburg University, Center for Economic Research - 1998

Persistent link: https://www.econbiz.de/10011091218

Aging and Public Pensions in an Overlapping-Generations Model

Meijdam, Lex; Verbon, H.A.A. - Tilburg University, Center for Economic Research - 1995

In this paper decision making on public pensions is modeled within the framework of the well-known two-overlapping-generations general-equilibrium model with rational expectations. The model is used to analyze the effects of aging on the evolution of public pension schemes. Analytical results...

Persistent link: https://www.econbiz.de/10011092246

Why Demotion of Older Workers is a No-Go Area for Managers

van Dalen, H.P.; Henkens, K. - Tilburg University, Center for Economic Research - 2015

Demotion – a reduction of an employee’s rank and salary - is often mentioned by managers and policy makers as a measure to increase the employability of older workers, but in practice demotion is rarely applied. This paper takes a fresh look at the question of demotion by first employing a...

Persistent link: https://www.econbiz.de/10011268491

Language Fluency and Earnings : Estimation with Misclassified Language Indicators

van soest, arthur; Dustmann, C. - Tilburg University, Center for Economic Research - 1998

individual heterogeneity in wages and speaking fluency. We nd that both have important consequences for the estimated effect of …

Persistent link: https://www.econbiz.de/10011092739

Immigration, Endogenous Technology Adoption and Wages

Ray Chaudhuri, A.; Pandey, Manish - Tilburg University, Center for Economic Research - 2015

distribution. We use this change in skill distribution of workers to analyze the effect of immigration on wages. Our model allows …, we find that, in line with much of the related empirical literature, immigration has a small effect on average real wages … different skill levels in all states, and that the effect of immigration on wages and wage inequality varies systematically with …

Persistent link: https://www.econbiz.de/10011166201

Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment - Theory and Some Evidence

Cukierman, A.; Lippi, F. - Tilburg University, Center for Economic Research - 1998

centralization of wage bargaining and of the interaction between those institutional variables, on real wages, unemployment and … decrease in the number of unions) triggers two opposite effects on real wages, unemployment and inflation. It reduces the … competition effect" raises real wages, unemployment and in°ation. But the decrease in the number of unions also strengthens the …

Persistent link: https://www.econbiz.de/10011090389