Similar Search Results

Capital Markets Integration, Growth and Income Distribution: A Dynamic Analysis

Viaene, Jean-Marie; Zilcha, Itzhak - Tinbergen Institute - 1997

The paper considers a two-country model of overlapping generations heterogenous

Persistent link: https://www.econbiz.de/10005137211

Human Capital Formation, Income Inequality and Growth

Viaene, Jean-Marie; Zilcha, Itzhak - Tinbergen Institute - 2001

The paper studies the determinants of income distribution and growth in an overlapping generations economy with … exhibits endogenous growth. First, we explore the effects of technological change in human capital formation, upon the … distribution of income at each date along the equilibrium path. Second, we study the impact of such technogical progress on growth …

Persistent link: https://www.econbiz.de/10005137322

The Importance of Financial Incentives on Retirement Choices

Belloni, Michele; Alessie, Rob - Tinbergen Institute - 2008

This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction … their retirement probability increases in a sizable way. We also find that the procedure to impute seniority used in …

Persistent link: https://www.econbiz.de/10005137199

Redistribution and Education Subsidies are Siamese Twins

Bovenberg, A. Lans; Jacobs, Bas - Tinbergen Institute - 2005

We develop models of optimal linear and non-linear income taxation with endogenous human capital formation to explore optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an important role in alleviating the tax distortions on...

Persistent link: https://www.econbiz.de/10005136992

Human Capital and Optimal Positive Taxation of Capital Income

Jacobs, Bas; Bovenberg, A. Lans - Tinbergen Institute - 2005

This paper analyzes optimal linear taxes on capital and labor incomes in a life-cycle

Persistent link: https://www.econbiz.de/10005137319

Optimal Saving Rules for Loss-Averse Agents under Uncertainty

Siegmann, Arjen H. - Tinbergen Institute - 2001

Most empirical studies assume only monotonic preferences for households. Behavioral research however provides substantial evidence that preferences for wealth are measured relative to a reference point. In this paper we introduce and solve a two-period consumption and savings model for a...

Persistent link: https://www.econbiz.de/10005450755

Initial Capital Constraints hinder Entrepreneurial Venture Performance

Praag, Mirjam van; Wit, Gerrit de; Bosma, Niels - Tinbergen Institute - 2003

This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

Persistent link: https://www.econbiz.de/10005209500

Seeing the World with Different Eyes

Koellinger, Philipp; Minniti, Maria; Schade, Christian - Tinbergen Institute - 2008

Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to...

Persistent link: https://www.econbiz.de/10005137009

The Consequences of Implementing a Child Care Voucher: Evidence from Australia, The Netherlands and USA

Warner, Mildred E.; Gradus, Raymond - Tinbergen Institute - 2009

In the Netherlands, the USA and Australia public funding has promoted parental choice by introducing a voucher for child care, where parents are free to choose the provider. The policy experiments in these three countries and the outcomes provide useful information about the consequences of...

Persistent link: https://www.econbiz.de/10005042220

Cooperation in an Overlapping Generations Experiment

Offerman, Theo; Potters, Jan; Verbon, Harry A.A. - Tinbergen Institute - 1999

Recent theoretical work shows that folk theorems can be developed for infinite overlapping generations games. Cooperation in such games can be sustained as a Nash equilibrium. Besides the efficient cooperative equilibrium there is also the inefficient non-cooperative equilibrium. This paper...

Persistent link: https://www.econbiz.de/10005144485