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Meier, Volker; Wrede, Matthias - CESifo - 2005

A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with … displays both a benefit contingent on the contributions of children and a purely fertility-related component. …

Persistent link: https://www.econbiz.de/10005766193

Are Family Allowances and Fertility-related pensions Siamese Twins?

Fenge, Robert; Meier, Volker - CESifo - 2004

the number of children is generally preferable to family allowances because the latter creates a larger tax load on labor …This paper discusses alternative ways to deal with the positive externalities of having children in a pay …-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …

Persistent link: https://www.econbiz.de/10005181485

Happy Voters

Liberini, Federica; Redoano, Michela; Proto, Eugenio - CESifo - 2014

Motivated by recent interest and initiatives taken by several governments and international organizations to come up with indicators of well-being to inform policy makers, we test if subjective well-being measures (SWB) can be employed to study voting behaviour. Controlling for financial and...

Persistent link: https://www.econbiz.de/10010948805

Scarring or Scaring? The Psychological Impact of Past Unemployment and Future Unemployment Risk

Knabe, Andreas; Rätzel, Steffen - CESifo - 2008

We reassess the “scarring” hypothesis by Clark et al. (2001), which states that unemployment experienced in the past reduces a person’s current life satisfaction even after the person hasbecome reemployed. Our results suggest that the scar from past unemployment operates via worsened...

Persistent link: https://www.econbiz.de/10005405975

A Collective Retirement Model : Identification and Estimation in the Presence of Externalities

Michaud, P.C.; Vermeulen, F.M.P. - Tilburg University, Center for Economic Research - 2004

We study the labor supply dynamics of elderly couples by means of a structural collective model.The model allows for general externalities with respect to spouses leisure.Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...

Persistent link: https://www.econbiz.de/10011092793

Pocketbook Voting and Social Preferences in Referenda

Meya, Johannes; Poutvaara, Panu; Schwager, Robert - CESifo - 2015

We study the role of self-interest and social preferences in referenda. Our analysis is based on collective purchasing decisions of university students on deep-discount flat rate tickets for public transportation and culture. Individual usage data allows quantifying monetary benefits associated...

Persistent link: https://www.econbiz.de/10011210405

Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments

Fischbacher, Urs; Gaechter, Simon - CESifo - 2008

We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals’ cooperation preferences in one experiment and use them – as well as subjects’ elicited beliefs – to explain contributions to a public good played repeatedly....

Persistent link: https://www.econbiz.de/10005765860

Economic Incentives and Social Preferences: A Preference-based Lucas Critique of Public Policy

Bowles, Samuel; Reyes, Sandra Polanía - CESifo - 2009

Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...

Persistent link: https://www.econbiz.de/10005029261

Charity Auctions for the Happy Few

Bos, Olivier - CESifo - 2008

Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first and second-price winner-pay auctions generate higher revenue than first-price all-pay auctions when bidders are sufficiently asymmetric. To prove it, we consider...

Persistent link: https://www.econbiz.de/10005181374

Social Preferences and Portfolio Choice

Riedl, Arno; Smeets, Paul - CESifo - 2013

We empirically investigate the effect of social preferences on portfolio choice. We use administrative investor data and link them to behavior in a controlled experiment and to survey responses. We show that social preferences rather than (biased) risk-return expectations are predictive for...

Persistent link: https://www.econbiz.de/10010734704