Showing 1 - 10 of 13
This paper examines the Granger causality between total expenditures, own source revenues, grants received from the State and long-term loans for 12 subgroups of Finnish municipalities. Two panel data sets that cover the years 1985-1992 and 1993-1999 are used in order to compare the effect of...
Persistent link: https://www.econbiz.de/10005545937
In this study, we use two representative surveysto investigate how competition and cooperation relate on the individual level and whether (and how) they associate with educational attainment. Our first result is that the correlation between competition and cooperation is positive and...
Persistent link: https://www.econbiz.de/10012604937
market status. We find that those with more internal locus of control accumulate significantly more savings and less debt. …
Persistent link: https://www.econbiz.de/10014468489
In this study, we use two representative surveysto investigate how competition and cooperation relate on the individual level and whether (and how) they associate with educational attainment. Our first result is that the correlation between competition and cooperation is positive and...
Persistent link: https://www.econbiz.de/10012546380
We apply the set up of limited commitment model to empirically test the role of informal risk-sharing networks using panel data on informal credit transactions from rural Ethiopia. The empirical estimates provide convincing evidence for the belief that enforcement problem limits the direct role...
Persistent link: https://www.econbiz.de/10009642442
market status. We find that those with more internal locus of control accumulate significantly more savings and less debt. …
Persistent link: https://www.econbiz.de/10014454489
A life-cycle growth model is used to investigate the quantitative impact of gradually converting the financing of social security from pay-as-you-go (PAYGO) to full funding. The magnitudes of the losses and gains that particular age cohorts will experience under alternative speeds of conversion...
Persistent link: https://www.econbiz.de/10005641580
In Hungary, average initial old age pensions have risen much faster than average pensions over the past decade. Several … importance. In most countries, initial pensions are determined on the basis of a wage path of several decades, and nominal … initial pensions. The paper examines several aspects of this issue, including the plausibility of a significant decline in the …
Persistent link: https://www.econbiz.de/10014468530
education and family status. The paper was commissioned by the Roundtable on Pensions and Old-Age People, a think-tank working …
Persistent link: https://www.econbiz.de/10010494692
In Hungary, average initial old age pensions have risen much faster than average pensions over the past decade. Several … importance. In most countries, initial pensions are determined on the basis of a wage path of several decades, and nominal … initial pensions. The paper examines several aspects of this issue, including the plausibility of a significant decline in the …
Persistent link: https://www.econbiz.de/10014454665