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Benoit, Jean-Pierre; Galbiati, Roberto; Henry, Emeric - C.E.P.R. Discussion Papers - 2013

consistent with the theoretical results: in the experiment, investment levels with and without legal protection are comparable …

Persistent link: https://www.econbiz.de/10011083356

Undesirable Redistributions in the Retirement-Public Pension Schemes: The Italian Case Study

Schioppa, Padoa; Kostoris, Fiorella - C.E.P.R. Discussion Papers - 1990

This paper uses comparative statistics in a simple three-period overlapping generations model to show that any pay-as-you-go mechanism for public retirement pensions, when adopted in a dualistic economic system, penalises the most dynamic demographic groups, i.e., the <MI>developing<D> rather than the...</d></mi>

Persistent link: https://www.econbiz.de/10005791243

Endogenous Fertility Policy

Booth, Alison L; Sepulveda, Facundo - C.E.P.R. Discussion Papers - 2004

In this Paper, we study the role of subsidies to fertility in ensuring the political viability of unfunded social security (SS). In our model, agents are heterogeneous in age and income. Young generations confront promises made previously by older generations, and in turn choose current levels...

Persistent link: https://www.econbiz.de/10005123867

Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment

Burgess, Robin; Pande, Rohini - C.E.P.R. Discussion Papers - 2004

exploit this fact to identify the impact of opening a rural bank on poverty and output. Our estimates suggest that the Indian … rural branch expansion programme significantly lowered rural poverty, and increased non-agricultural output. …

Persistent link: https://www.econbiz.de/10005792249

Poverty and the Welfare State in Inter-war London

Bailey, Roy E; Hatton, Timothy J. - C.E.P.R. Discussion Papers - 1997

In this paper we re-examine poverty among working class households in inter-war London using the newly computerized …–31. First, we examine how the use of different poverty lines affects the number of households found to be in poverty. We then … analyse the effects of the inter-war social security system in relieving poverty. Finally, we estimate what difference it …

Persistent link: https://www.econbiz.de/10005136690

Seebohm Rowntree and the Post-War Poverty Puzzle

Bailey, Roy E; Hatton, Timothy J. - C.E.P.R. Discussion Papers - 1999

percentage of households in poverty. He attributed the bulk of this decline to government welfare reforms enacted during and … after the War. Some observers have been uneasy about these striking results, especially with the rediscovery of poverty in … the 1960s. In this paper we re-examine the surviving records from the 1950 survey, making the poverty line more consistent …

Persistent link: https://www.econbiz.de/10005656469

An Equilibrium Approach to International Merger Policy

Cabral, Luís M B - C.E.P.R. Discussion Papers - 2003

I treat international merger policy as a repeated veto game. I derive optimal equilibria and consider a series of comparative statistics and extensions.

Persistent link: https://www.econbiz.de/10005666417

Prisoners' Other Dilemma

Blonski, Matthias; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2003

Collusive agreements and relational contracts are commonly modeled as equilibria of dynamic games with the strategic features of the repeated Prisoner's Dilemma. The pay-offs agents obtain when being ‘cheated upon’ by other agents play no role in these models. We propose a way to take these...

Persistent link: https://www.econbiz.de/10005666887

Reputation and Reciprocity: Consequences for Labour Relations

Falk, Armin; Gächter, Simon - C.E.P.R. Discussion Papers - 2001

Recent evidence highlights the importance of social norms in many economic relations. Many of these relationships are long-term and provide repeated game incentives for performance. We experimentally investigate interaction effects of reciprocity and repeated game incentives in two treatments...

Persistent link: https://www.econbiz.de/10005789197

Strikes as the 'Tip of the Iceberg' in a Theory of Firm-Union Cooperation

Gary-Bobo, Robert J.; Jaaidane, Touria - C.E.P.R. Discussion Papers - 2008

variable, it also extends the theory to account for worker resistance phenomena, taking the form of low effort on the part of …

Persistent link: https://www.econbiz.de/10005791411

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