Showing 1 - 10 of 16
The paper aims at studying determinants of schooling in traditional hierarchical societies confronted with an established history of outmigration. In the village, a ruling caste controls local political and religious institutions. For children who do not belong to the ruling caste, migration is...
Persistent link: https://www.econbiz.de/10008925714
Models of inequity aversion and fairness have dominated the behavioural economics landscape in the last decade. This study gathers data from 240 subjects exposed to variants of two of the major experimental games - dictator and trust - that are employed to provide important empirical content to...
Persistent link: https://www.econbiz.de/10005656285
We study the evolution of an educational system which is founded on a hierarchical differentiation between technical and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is best summarized by the ratio of vocational to general...
Persistent link: https://www.econbiz.de/10005504686
The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure … built into the various public early retirement and retirement systems. First, we compute indicators of benefit entitlement … as of the implicit tax rates the elderly workers face in case of delayed retirement. We find strong evidence of social …
Persistent link: https://www.econbiz.de/10005792016
of workforce in 34 industrial sectors drawn from the decennial censuses from 1951 to 1981. It finds that early retirement … is influenced primarily by economic factors, although health becomes important in 1981. By showing that retirement and … early retirement behavior are influenced by different factors, and that the importance of these factors has changed over …
Persistent link: https://www.econbiz.de/10005281294
, and the paper concludes that the scope for reducing this cost by altering pension systems or increasing retirement age is …
Persistent link: https://www.econbiz.de/10005281401
This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10008506842
Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the …
Persistent link: https://www.econbiz.de/10005666455
This paper examines the viewpoint that the dependency of elderly people in modern Britain has been increased by state action and social change. It argues that ideas of "structured dependency" are based upon theoretical premises which promote a one-sided reading of the evidence. An analysis of...
Persistent link: https://www.econbiz.de/10005666510
An incomplete markets life-cycle model with indivisible labour makes career lengths and human capital accumulation respond to labour tax rates and government supplied non-employment benefits. We compare aggregate and individual outcomes in this individualistic incomplete markets model with those...
Persistent link: https://www.econbiz.de/10005656326