Showing 1 - 10 of 42
The aim of this article is to analyze the question of career interruptions and to evaluate their impact on pension retirement for French private sector workers. Using the last French survey on households' wealth (2003-2004), we first study the career setbacks for individuals born between 1938...
Persistent link: https://www.econbiz.de/10010820785
In this paper, the two-period OLG model has been modified to distinguish the effects of individual ageing from changes in the birth rate. Optimal pension and retirement age policies have been characterized in a dynamic framework. We have considered a mixed pension scheme that is fully funded,...
Persistent link: https://www.econbiz.de/10010738510
with increased disparities. In that context, less generous pensions may induce an increase in the claiming of invalidity …
Persistent link: https://www.econbiz.de/10008805953
This article investigates the latest developments in longevity risk modelling, and explores the key risk management challenges for both the financial and insurance industries. The article discusses key definitions that are crucial for the enhancement of the way longevity risk is understood;...
Persistent link: https://www.econbiz.de/10008791882
In 1982, the French socialist government lead by Pierre Mauroy reduced the legal age of retirement for both men and women. In 1993, the Balladur reform modified the pay-as-you-go basic private scheme. In March 1997, the Parliament enacted the Thomas Act that introduced retirement savings plan,...
Persistent link: https://www.econbiz.de/10008792028
In this paper, we shed light on the selection of the benefi ciaries from the French competitiveness cluster policy which was launched in 2005 and extended to 2012. We disentangle the selection and self-selection eff ects, as emphasized in the theoretical literature on regional and industrial...
Persistent link: https://www.econbiz.de/10010820386
We use data on individual French exporters to document how a change in trade costs following the introduction of the euro affected firms' export margins in relation to export decisions, the number of products exported and average sales per product. Our results confirm two effects predicted by...
Persistent link: https://www.econbiz.de/10010821517
In the last decades the interaction between labour standards and international trade has assumed new importance. We use an incentive based-approach to assess the efficiency of trade policy instruments and private schemes for the promotion of international labour standards in Southern Firms. We...
Persistent link: https://www.econbiz.de/10010739107
This paper examines how import penetration affects firms' productivity growth taking into account the heterogeneity in firms' distance to the efficiency frontier and country differences in product market regulation.
Persistent link: https://www.econbiz.de/10010775749
This paper approaches international trade in luxury goods from demand side. It associates demand for luxury goods with within-country income disparities, via a social interactions component, the so-called Veblen effect (Veblen 1899). In the theoretical part, we propose a simple model of vertical...
Persistent link: https://www.econbiz.de/10010775820