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Countries around the world are facing important challenges to the sustainability of their pension systems. Changing policies, especially those of large scope and financial magnitude, is a political challenge. It takes a combination of willingness, capacity and enough political support to change...
Persistent link: https://www.econbiz.de/10011431512
Results from a new experiment shed light on the effects of voter information on vote buying and incumbent advantage. The treatment provided voters with information about a major spending program and the proposed allocations and promises of mayoral candidates just prior to municipal elections. It...
Persistent link: https://www.econbiz.de/10011521266
Broadening democracy by lowering the voting age is on the political agenda in many democratic societies. Previous suffrage extensions suggest that there are systematic differences between what parliaments decide and what voters want with respect to enfranchisement of new groups. This paper...
Persistent link: https://www.econbiz.de/10012256733
Persistent link: https://www.econbiz.de/10014458632
This paper describes the patterns of worker turnover in selected Latin American countries and their implications for wage inequality. It documents a higher positive annual wage growth rate for job to job changers compared to stayers, due to turnover capturing the immediate gains from search...
Persistent link: https://www.econbiz.de/10014550817
This paper builds up a simple New Keynesian model and revisits the relationship between unemployment and in ation in … beyond the tradeoff between the first moments of unemployment and infl ation provided by the short-run Phillips curve. Higher … volatility in ifln ation raises unemployment at low-frequency. Increased volatility in infl ation makes nominal wages more …
Persistent link: https://www.econbiz.de/10012429726
Persistent link: https://www.econbiz.de/10012586219
In this paper we study the contribution of migrants to the rise in UK top incomes. Using administrative data on the universe of UK taxpayers we show migrants are over-represented at the top of the income distribution, with migrants twice as prevalent in the top 0.1% as anywhere in the bottom...
Persistent link: https://www.econbiz.de/10012292743
firms are more cyclically sensitive to unemployment. Besides, the VAR impulse response analysis suggests that workers move …
Persistent link: https://www.econbiz.de/10011927684
This study shows that the trend of declining gender gaps in labor market indicators in Latin America in previous decades did not change significantly in most countries during the COVID-19 pandemic. However, a closer look at the dynamics during the 2019-2021 period shows that (i) women were...
Persistent link: https://www.econbiz.de/10014480081