Showing 1 - 10 of 169
This Paper evaluates an Austrian manpower training programme, which is highly innovative in its content and financing - and could therefore serve as a role model for other programmes. In the late 1980s privatization and downsizing of nationalized steel firms have led to large-scale redundancies....
Persistent link: https://www.econbiz.de/10005136662
This paper develops a framework for evaluating the social returns to infrastructure investments that intensify product market competition. We use a circular model with asymmetric production costs both for incumbent firms and potential entrants, where unit transport cost measures the intensity of...
Persistent link: https://www.econbiz.de/10005656176
We provide direct estimates of how agents trade off immediate costs and uncertain future benefits that occur in the very long run, 100 or more years away. We exploit a unique feature of housing markets in the U.K. and Singapore, where residential property ownership takes the form of either...
Persistent link: https://www.econbiz.de/10011083367
It is shown that the net fiscal externality created by an additional member of a pay-as-you-go-pension system that is endowed with individual accounts equals the gross contributions of this member. In Germany, this equals about 175,000 Deutsche marks. The paper uses this information to design a...
Persistent link: https://www.econbiz.de/10005792013
and purchased child care (e.g. childminders, nannies) for the care and rearing of children. The theoretical model implies …
Persistent link: https://www.econbiz.de/10005792321
The provision of subsidized child care may encourage women to participate in the paid labor force. This paper analyzes the effects of the price and availability of subsidized child care on labor force participation, using data from a Swedish household survey for 1984 in combination with data on...
Persistent link: https://www.econbiz.de/10005656121
In the past century, more people have perished from famine than from the two World Wars combined. Many more were exposed to famine and survived. Yet we know almost nothing about the long run impact of famine on these survivors. This paper addresses this question by estimating the effect of...
Persistent link: https://www.econbiz.de/10005661820
Societies socialize children about sex. This is done in the presence of peer-group effects, which may encourage … undesirable behavior. Parents want the best for their children. Still, they weigh the marginal gains from socializing their … children against its costs. Churches and states may stigmatize sex, both because of a concern about the welfare of their flocks …
Persistent link: https://www.econbiz.de/10009371463
This paper investigates the importance of accessing public capital markets through an initial public offering (IPO), and the consequent relaxation of firms’ financial constraints, for firm-level long term employment decisions. We find that firms significantly increase post-IPO investment in...
Persistent link: https://www.econbiz.de/10011249379
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National …
Persistent link: https://www.econbiz.de/10011266538