Showing 1 - 10 of 325
During the period from 1880 to 1950 publicly managed retirement security programs became an important part of the social fabric in most advanced economies. In this paper we study the social, demographic and economic origins of social security. We describe a model economy in which demographics,...
Persistent link: https://www.econbiz.de/10005788901
It is argued that a PAYGO system may have useful allocative functions in that it serves as an insurance against not having children and as an enforcement device for 'rotten kids' who are unwilling to pay their parents a pension. It is true that the system has a moral hazard effect in terms of...
Persistent link: https://www.econbiz.de/10005498192
labour mobility will increase as a result of greater European economic integration. We analyse the implications of migration …
Persistent link: https://www.econbiz.de/10005791913
The paper studies attitudes toward immigration and trade using an opinion survey of two thousand French individuals. We find that, beyond usual Stolper-Samuelson effects (skilled individuals are more pro-free trade than others, as in other countries) attitudes toward trade and immigration are...
Persistent link: https://www.econbiz.de/10005136730
equilibrium, thereby generating unemployment in the ‘East’. This slows the migration of human capital towards the East, but … quickens the migration of raw labour towards the West. A greater share of economic activity is eventually located in the … western region. Unions in the West will benefit from this, provided human capital has low migration costs relative to raw …
Persistent link: https://www.econbiz.de/10005661511
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
This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...
Persistent link: https://www.econbiz.de/10011272707
different levels of migration frictions. We bring the model to the data for the whole world economy at a 1º times 1º geographic … resolution. We then use the model to quantify the gains from relaxing migration restrictions as well as to describe the evolution … of the distribution of economic activity in the different migration scenarios. Our results indicate that fully …
Persistent link: https://www.econbiz.de/10011252617
population) and out-migration is lower the poorer and the less unequal the village of residence. Our results are consistent with …
Persistent link: https://www.econbiz.de/10008477184
This study explores to what extent migration has contributed to improved living standards of individuals in Tanzania …. Using a 13-year panel survey, the authors find that migration between 1991 and 2004 added 36 percentage points to … migration of some categories of people. …
Persistent link: https://www.econbiz.de/10008530383