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. The first section considers the role of government subsidies in the effort to promote private farms. The second considers … the impact of state procurement and state procurement subsidies on the development of marketing and distribution channels …. The third section looks at subsidies that cover part of the cost of agricultural inputs. The final section examines …
Persistent link: https://www.econbiz.de/10005556936
Although immigration of workers generates a positive externality on members of domestic pension systems, many countries are very reluctant to allow foreigners into their labor markets. In a political economic framework, we explain this voting outcome by considering a young unskilled median voter...
Persistent link: https://www.econbiz.de/10005125989
I analyze simultaneous voting on the wage tax rate and investment in public education using a model with three overlapping generations and ability differences inside each cohort. Wage tax revenue finances public education and social security benefits. I derive the results both for a...
Persistent link: https://www.econbiz.de/10005125919
This publication is a non-technical report prepared for Polish Ministry of Economy and Labor. The main goal is to present a comprehensive statistical and econometric analysis of employment, unemployment and participation in Poland in the period 1998-2004 and confront Polish experiences with...
Persistent link: https://www.econbiz.de/10005556757
When it comes to retirement income policy, there is a general perception that workers have full 40-year working careers before retiring. Further, it is generally assumed that workers with low lifetime earnings have low earnings in each year during a normal working career. The basic research...
Persistent link: https://www.econbiz.de/10005556818
future of non-contributory, universal pensions in Mauritius, and draws lessons that might be useful for other countries …
Persistent link: https://www.econbiz.de/10005556896
Most workers in developing countries have no access to pensions in old age. Well-intentioned reformers have … concentrated on privatization, but this does nothing to expand coverage. Non-contributory, universal pensions automatically protect … an entire population, in a way that contributory pensions - public or private - never can. This paper explores the …
Persistent link: https://www.econbiz.de/10005556908
We simulate the budget of the main pension institution of the country, the Banco de Previsión Social (BPS), from 1995, the year the reform was passed, to 2050, when the new system should be mature. We perform several sensitivity analyses to evaluate which are the key exogenous variables and...
Persistent link: https://www.econbiz.de/10005125903
Edward P. Lazear‘s thesis that “personal accounts are more consistent with economic principles, avoid government moral hazard, and provide more security than government Social Security” is unsound. The same applies to a number of other statements that are made in the process of expounding...
Persistent link: https://www.econbiz.de/10005125916
We estimate auto accident externalities (more specifically insurance externalities) using panel data on state-average insurance premiums and loss costs. Externalities appear to be substantial in traffic dense states: in California, for example, we find that a typical additional driver increases...
Persistent link: https://www.econbiz.de/10005076584