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Heterogeneity matters: labour productivity differentiated by age and skills

Roger, Muriel; Wasmer, Malgorzata - HAL - 2009

This study aims at evaluating the actual profile of marginal productivity across the age groups within the workforce. As age-productivity profile might differ between occupations, we differentiate the workforce simultaneously by skills (low-skilled, high-skilled) and by age (young, middle-aged,...

Persistent link: https://www.econbiz.de/10008866181

Spouses' Retirement and Hours of Work Outcomes : Evidence from Twofold Regression Discontinuity

Stancanelli, Elena - HAL - 2012

Earlier studies conclude that spouses time their retirement closely together. Here, we exploit early retirement age … legislation to identify the effect of own and spousal retirement on spouses' hours of work. The sample for the analysis includes … over 85000 French couples. We conclude that hours of work fall significantly upon own and partner's retirement, for both …

Persistent link: https://www.econbiz.de/10010635101

Household Consumption at Retirement: A Regression Discontinuity Study on French Data

Moreau, Nicolas; Stancanelli, Elena - HAL - 2013

Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from …

Persistent link: https://www.econbiz.de/10011025698

Collateral effects of a pension reform in France

Blake, Hélène; Garrouste, Clémentine - HAL - 2012

How does the retirement age affect the physical and mental health of seniors? We identify this effect based on the 1993 … potential influence of health on employment choices, we show that retirement improves physical and social health. The more …

Persistent link: https://www.econbiz.de/10010738995

Social Capital as an Engine of Growth: Multisectoral Modelling and Implications

Bofota, Youyou Baende; Boucekkine, Raouf; Bala, Alain Pholo - HAL - 2012

We propose a multisector endogenous growth model incorporating social capital. Social capital only serves as input in the production of human capital and it involves a cost in terms of the final good. We show that in contrast to existing alternative specifications, this setting assures that...

Persistent link: https://www.econbiz.de/10010933921

Effects of urbanization on economic growth and human capital formation in Africa

Arouri, Mohamed El Hedi; Youssef, Adel Ben; … - HAL - 2014

The objective of this paper is to investigate the impacts of urbanization on human capital andeconomic growth in Africa. It seeks to contribute to the urbanization-growth debate byinvestigating how urbanization is linked to human capital accumulation and economic growth.More precisely, compared...

Persistent link: https://www.econbiz.de/10010930231

Financial integration and financial development in transition economies : what happens during financial crises ?

Brezigar-Masten, Arjana; Coricelli, Fabrizio; Masten, Igor - HAL - 2010

This papers provides an empirical analysis of the role of financial development and financial integration in the growth dynamics of transition countries. We focus on the role of financial integration in determining the impact of financial development on growth, distinguishing "normal times" from...

Persistent link: https://www.econbiz.de/10010549087

Is High Public Debt Always Harmful to Economic Growth? Reinhart and Rogoff and some complex nonlinearities

Minea, Alexandru; Parent, Antoine - HAL - 2012

In their already-famous 2010 article "Growth-in-a-Time-of-Debt" (AER-100(2)-pp.-573-78), Carmen Reinhart and Kenneth Rogoff show that average post-WW2 economic growth is dramatically declining in advanced economies, once the debt-to-GDP ratio is above a 90% threshold. We explore the relevance of...

Persistent link: https://www.econbiz.de/10010550439

Distribution and Growth in France (1982-2006): A Cointegrated VAR Approach

Allain, Olivier; Canry, Nicolas - HAL - 2007

In this article, we propose a simple Post Keynesian model so as to test whether French economy is wage or profit-led i.e. whether a wage share increase has a negative or positive impact on economic growth. In that perspective, we estimate econometrically the three behaviour equations of our...

Persistent link: https://www.econbiz.de/10010750444

Distributed Lag Models and Economic Growth: Evidence from Cameroon

Fouda, Boniface Bounoung - HAL - 2010

This paper studies the intertemporal effects of various economic variables on the cameroonian growth. Using a Geometric Lag Model, we find out that 50% of the total effect of variables used is accomplished in less than half of a year. When we employ a Polynomial Distributed Lag, we find out that...

Persistent link: https://www.econbiz.de/10010751004

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