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Randomized field experiments designed to better understand the production of human capital have increased exponentially over the past several decades. This chapter summarizes what we have learned about various partial derivatives of the human capital production function, what important partial...
Persistent link: https://www.econbiz.de/10012456544
We investigate the role of training in reducing the gender wage gap using the UK-BHPS which contains detailed records of training. Using policy changes over an 18 year period we identify the impact of training and work experience on wages, earnings and employment. Based on a lifecycle model and...
Persistent link: https://www.econbiz.de/10012479726
-funded unemployment insurance program. We show that when the duration of unemployment is very short compared to the period of employment … or retirement, the optimal system involves an exclusive reliance on pension-funded self-insurance. This system imposes a …
Persistent link: https://www.econbiz.de/10012469511
During the last two decades, median instructional spending per full-time equivalent (FTE) student at American 4-year colleges and universities has grown at a slower rate than median spending per FTE student in a number of other expenditure categories including academic support, student services...
Persistent link: https://www.econbiz.de/10012463433
Fixing the investment horizon, the returns to currency carry trades decrease as the maturity of the foreign bonds increases, because the local currency term premia offset the currency risk premia. The time series predictability of foreign bond returns in dollars similarly declines as the...
Persistent link: https://www.econbiz.de/10012459038
accumulated for retirement. This paper addresses three important adjustments channels to dampen these detrimental effects of … ageing: investing abroad, endogenous human capital formation and increasing the retirement age. Although non of these … retirement age has strong effects. Under these adjustments maximum welfare losses of demographic change for households alive in …
Persistent link: https://www.econbiz.de/10012459805
social security incentives on retirement behavior in Belgium, Canada, Denmark, France, Germany, Italy, Japan, The Netherlands …Social Security Programs and Retirement around the World Contents Preface …. Wise 1. The Effects of Early Retirement on Youth Unemployment: The Case of Belgium 47 Alain …
Persistent link: https://www.econbiz.de/10003851427
compares the social security and retirement experience in twelve developed countries. Both men and women are remaining longer … retirement incentives of social security programs, and the emergence of women in the workplace. The editors and contributors …
Persistent link: https://www.econbiz.de/10012040471
between social security provisions and retirement. The project relies on the work of a large group of economists in 12 … countries who conduct the analysis for each of their countries. The first phase described the retirement incentives inherent in … eligibility ages by three years. Another illustrative reform reduces actuarially benefits received before the normal retirement …
Persistent link: https://www.econbiz.de/10012467394
Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … affect retirement, whether there is a link between older employment and youth unemployment, and whether older individuals are …
Persistent link: https://www.econbiz.de/10012480931