Showing 1 - 6 of 6
Increasing labour market flexibility is at the top of the European agenda. A new and challenging view is a lack of mobility in the labour market may arise from rigidities in the housing market. The research in this book has been inspired by the intriguing hypothesis put forward by Andrew...
Persistent link: https://www.econbiz.de/10005079139
The ageing of the population jeopardises the sustainability of public finances in the Netherlands. The doubling of the ratio between the number of retirees and the number of workers destroys the balance between future public expenditure and tax revenues. Read also the accompanying <a href="http://www.cpb.nl/node/13346">press...</a>
Persistent link: https://www.econbiz.de/10005168775
Ageing will have an impact on both savings and investment, potentially leading to substantial international capital flows. This CPB Document provides a comprehensive overview, by considering various questions. What are the differences in the demographic process of ageing across countries? Does...
Persistent link: https://www.econbiz.de/10005049636
The literature on the equity premium vigorously debates how to measure the premium, what is its size and what determines its variation. This study provides a quantitative survey of the literature through a meta-analysis. We identify how the size of the equity premium depends on the way it is...
Persistent link: https://www.econbiz.de/10008680914
Growing pension savings lead to deeper capital markets. This can have a positive effect on economic growth by allowing firms that are more dependent on external finance to grow faster. We study this effect using data on 69 industrial sectors in 34 OECD countries for the period 2001-2010...
Persistent link: https://www.econbiz.de/10011031769
Long-term projections for the Netherlands indicate that demand for nontradables – e.g. health care services – will increase relative to supply due to population ageing. If this leads to higher future real exchanges rates this will erode the return of the savings currently made to...
Persistent link: https://www.econbiz.de/10009370581