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The Tradeoff Between Redistribution and Effort: Evidence from the Field and from the Lab

Buch, Claudia M.; Engel, Christoph - CESifo - 2012

Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are simultaneously determined. Using cross-country panel data from the World Value Survey, we find that it is important to model preferences for redistribution and effort choices...

Persistent link: https://www.econbiz.de/10010547897

Worker Identity, Employment Fluctuations and Stabilization Policy

Lechthaler, Wolfgang; Snower, Dennis - CESifo - 2013

This paper provides a model of “social hysteresis,” whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment...

Persistent link: https://www.econbiz.de/10010667418

Job Mobility and the Gender Wage Gap in Italy

Bono, Emilia Del; Vuri, Daniela - CESifo - 2008

This paper investigates the way in which job mobility contributes to the emergence of a gender wage gap in the Italian labour market. We show that men experience higher wage growth than women during the first 10 years of their career, and that this difference is particularly large when workers...

Persistent link: https://www.econbiz.de/10005094222

Happiness of Economists

Feld, Lars P.; Necker, Sarah; Frey, Bruno S. - CESifo - 2014

We study the importance of economists’ professional situation toward their life satisfaction based on a unique survey of mostly academic economists. On average, economists report to be highly happy with life. Satisfaction is positively related to spending more time on doing research. The lack...

Persistent link: https://www.econbiz.de/10011093977

Vignette Equivalence and Response Consistency; The Case of Job Satisfaction

Ferrer-i-Carbonell, Ada; Praag, Bernard M.S. Van; … - CESifo - 2011

We compare reported job satisfaction with vignette evaluations of hypothetical jobs by using a British, Greek and Dutch data set, containing 95 randomly assigned vignettes. In order to test comparability of international data sets recently the method of anchoring vignettes has been introduced by...

Persistent link: https://www.econbiz.de/10009371342

Is Recipiency of Disability Pension Hereditary?

Bratberg, Espen; Nilsen, Øivind Anti; Vaage, Kjell - CESifo - 2012

This paper addresses whether children’s exposure to parents receiving disability benefits induces a higher probability …-age population receiving permanent disability benefits. Using data from Norway, a country where around 10% of the working …-age population rely on disability benefits, we find that the amount of time that children are exposed to their fathers receiving …

Persistent link: https://www.econbiz.de/10010877679

Economic and Politico-Economic Equivalence of Fiscal Policies

Gonzalez-Eiras, Martín; Niepelt, Dirk - CESifo - 2012

We extend “economic equivalence” results, like the Ricardian equivalence proposition, to the political sphere where policy is chosen sequentially. We derive conditions under which a policy regime (summarizing admissible policy choices in every period) and a state are “politico-economically...

Persistent link: https://www.econbiz.de/10009645636

The Timing of Retirement - New Evidence from Swiss Female Workers

Hanel, Barbara; Riphahn, Regina T. - CESifo - 2012

We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform increased women's normal retirement age (NRA) in two steps from age 62 to age 63 first and then to age 64. At the same time retirement at the previous NRA became possible at a...

Persistent link: https://www.econbiz.de/10010548566

Intergenerational Risk Sharing by Means of Pay-as-you-go Programs – an Investigation of Alternative Mechanisms

Thøgersen, Øystein - CESifo - 2006

A pay-as-you-go (paygo) pension program may provide intergenerational pooling of risks to individuals’ labor and capital income over the life cycle. By means of a model that provides illuminating closed form solutions, we demonstrate that the magnitude of the optimal paygo program and the...

Persistent link: https://www.econbiz.de/10005765649

Why are More Redistributive Social Security Systems Smaller? A Median Voter Approach

Koethenbuerger, Marko; Poutvaara, Panu; Profeta, Paola - CESifo - 2005

We suggest a political economy explanation for the stylized fact that intragenerationally more redistributive social security systems are smaller. Our key insight is that linking benefits to past earnings (less redistributiveness) reduces the efficiency cost of social security (due to endogenous...

Persistent link: https://www.econbiz.de/10005765716