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replacement rate vis-à-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income …How much retirement income is needed in order to maintain one’s living standard at old age? As it is difficult to find … the year of entry into retirement as a rather robust result, while replacement rates keeping the living standard unchanged …
Persistent link: https://www.econbiz.de/10010643338
address this question in the context of a recent German pension reform which raised the statutory retirement age by two years … of work ability at retirement and fundamental opposition. Our results show that expected work ability declines … situation as well as individual health and other risk factors. However, a fundamental opposition to reforms of the welfare state …
Persistent link: https://www.econbiz.de/10005013952
This paper explores the interdependency of political institutions from the voter’s perspective. Specifically, we are interested in: (1) Does the partisan identity of the mayor influence the voter’s decision in the subsequent town council election?; (2) Does this partisan identity influence...
Persistent link: https://www.econbiz.de/10009395305
We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature found little evidence of an adverse impact of the NMW on the UK labor market. We focus on the age-related increases in the NMW at 18 and 22 years of age. Using regression...
Persistent link: https://www.econbiz.de/10010668469
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10005766292
Liste di mobilità (LM) is an Italian labour market programme targeted to dismissed workers. There is a ‘passive’ component granting monetary benefits to employees dismissed by firms larger than 15 employees, and an ‘active’ component providing an employment subsidy to any firm hiring...
Persistent link: https://www.econbiz.de/10005181461
As with the market for goods and services, democratic competition involves political parties offering their services (policy programs) to citizen-consumers who vote for their preferred partisan supplier. Little is known about the partial effect of a shift in parties’ seat shares for given...
Persistent link: https://www.econbiz.de/10010627555
This paper studies the evasion of TV license fees in Austria. We exploit border differentials to identify the effect of fees on evasion. Comparing municipalities at the low- and high-fee side of state borders reveals that higher fees trigger significantly more evasion. The central estimate from...
Persistent link: https://www.econbiz.de/10011163063
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months’ earnings at the median lowers the fraction re-employed after a year by seven percentage...
Persistent link: https://www.econbiz.de/10010561497
show that the life satisfaction of immigrants is significantly reduced if right-wing extremism in the native population … increases. Moreover, the life satisfaction of highly educated immigrants is affected more strongly than that of low …
Persistent link: https://www.econbiz.de/10008533995