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Product Quality, Informality, and Child Labour

Fotoniata, Eugenia; Moutos, Thomas - CESifo - 2011

This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...

Persistent link: https://www.econbiz.de/10009224869

Coordinated Tax-Tariff Reforms, Informality, and Welfare Distribution

Ligthart, Jenny; Meijden, Gerard C. van der - CESifo - 2010

The paper studies the revenue, efficiency, and distributional implications of a simple strategy of offsetting tariff reductions with increases in destination-based consumption taxes so as to leave consumer prices unchanged. We employ a dynamic micro-founded macroeconomic model of a small open...

Persistent link: https://www.econbiz.de/10008596581

Loan Regulation and Child Labor in Rural India

Dasgupta, Basab; Zimmermann, Christian - CESifo - 2012

We study the impact of loan regulation in rural India on child labor with an overlapping-generations model of formal and informal lending, human capital accumulation, adverse selection, and differentiated risk types. Specifically, we build a model economy that replicates the current outcome with...

Persistent link: https://www.econbiz.de/10010593131

Estimating the Size of the Shadow Economy: Methods, Problems and Open Questions

Schneider, Friedrich; Bühn, Andreas - CESifo - 2013

This paper presents the various methods to estimate the size of the shadow economy, their strengths and weaknesses. The purpose of the paper is twofold. Firstly, it demonstrates that no ideal method to estimate the size and development of the shadow economy exists. Because of its flexibility,...

Persistent link: https://www.econbiz.de/10010705534

Moonlighting Production, Tax Rates and Capital Subsidies

Busato, Francesco; Chiarini, Bruno; Marzano, Elisabetta - CESifo - 2011

Informal firms play a crucial role in both developing and developed countries, and there is evidence of a larger presence of moonlighting firms over ghost firms. The former are firms that operate simultaneously in the official and unofficial sectors, whereas the ghost firms undertake their...

Persistent link: https://www.econbiz.de/10008914279

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

Private, Social and Self-Insurance for Long-Term Care in the Presence of Family Help - A Political Economy Analysis

Donder, Philippe De; Pestieau, Pierre - CESifo - 2013

insurance and saving amounts. Agents differ in income, probability of becoming dependent and of receiving family help. Social … agents determines whether they prefer social or private insurance. Family support crowds out the demand for both social and …, especially, private insurance, as strong prospects of family help drive the demand for private insurance to zero. The …

Persistent link: https://www.econbiz.de/10010693474

Increasing Longevity and Social Security Reforms

Andersen, Torben - CESifo - 2006

Increasing longevity causes an upward trend in the dependency ratio in many countries. This raises concerns about the financial sustainability of social security schemes, and reform initiatives and proposals abound. It is shown that a fundamental policy choice inevitably arises since a given...

Persistent link: https://www.econbiz.de/10005094323

How to Avoid a Pension Crisis: A Question of Intelligent System Design

Cigno, Alessandro - CESifo - 2009

Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...

Persistent link: https://www.econbiz.de/10005051548

Funded and Unfunded Pension Schemes: Risk, Return and Welfare

Miles, David K. - CESifo - 2000

This paper uses stochastic simulations on calibrated models to assess the optimal degree of reliance on fun ded pensions and on a particular type of unfunded (PAYG) pension. Surprisingly little is known about the optimal split between funded and unfunded systems when there are sources of...

Persistent link: https://www.econbiz.de/10005181541