Mandatory pension systems can have a negative impact on individual savings and labor supply decisions. In particular, defined benefit pension schemes that are not actuarially fair, can create incentives for early retirement, and therefore, reduce labor supply and the stock of human capital....

We evaluate the labor supply response in a stochastic overlapping generations model with incomplete markets and a non separable utility function in labor and consumption. Using a simulated panel from the model, we calculate the labor supply response to anticipated changes in wages (holding the...

I develop an equilibrium matching model in which workers have preferences over consumption and hours of work and are able to self-insure against unemployment risks by accumulating precautionary wealth. Wages and working hours are the outcomes of Nash bargaining between workers and firms. I focus...

Evidence for Malawi and other developing countries suggests the existence of labor shortages at the peak of the cropping season, with negative impacts on the ability of households to make the most of their endowments such as land. At the same time, for most of the year, there is substantial...

One of the aspects of the orphan crisis in Sub-Saharan Africa relates to time use, namely where orphans end up living and what they spend their time doing in their new household of adoption. While some orphans are welcomed in centres and institutions, many live with relatives or other members of...

Abstract: The paper analyzed the contribution of informally employed women (for the age group of 16-60 years) in their household budget. The urban informal sector absorbs the women workers largely. What are the determinants of their contribution in their household budgets to make survival of the...

The article shows that reservations in Europe against Turkey's future membership are really groundless. A Muslim nation already was a member of the EU: Algeria. When Algeria was still a colony, it joined the EU (then: European Economic Community) on January 1st 1958 as a French "Departement",...

The demographic change that is lived worldwide, and of particular form in Europe, as consequence of the aging of the population because of the increase of the life expectancy and the drastic reduction of the rates of fertility, has made jump the alarms because of the need to get a suitable...

In this paper, I examine the impact of immigrants on the social security system in Germany when return migration is an endogenous choice. For this purpose, I develop a dynamic stochastic model of joint return migration and saving decisions that accounts for uncertainty in future employment and...

US poverty is much higher than poverty in Europe when a relative poverty measure is used. Using an absolute poverty measurement method, the picture looks different: poverty in some European countries is higher. This paper estimates poverty rates for all the countries of the (old) EU and the USA...