This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...

Rising income inequality is an anglo Saxon problem. For most of the other OECD countries, earnings dispersion is rather persistent. Vertical mobility is to be taken into account. The paper also looks at the relationship of income inequality, growth and employment. It elaborates the point that...

This book provides a comprehensive appraisal of social security in Japan, where traditionally the burden of welfare provision has been the main responsibility of the family and employers, rather than the state. However, an ageing population, changes in family structure and continued recession...

This Handbook provides an authoritative overview of current research in the field of cost–benefit analysis and is designed as a starting point for those interested in undertaking advanced research. The Handbook contains major contributions to the development of the field, focussing on standard...

The book explores the implications of changes to the welfare state for children in a range of countries. Children, Changing Families and Welfare States: examines the implications of social policies for children; sets the discussion in the broader context of both family change and welfare state...

Thorstein Veblen was a multidisciplinary social scientist whose original insights continue to inspire debate. Rather than focusing on allocation, markets and scarcity, his perspective on economics was rather one of Darwinian evolution and perpetual development, unfolding conventions and...

In recent decades the probability of divorce and separation among married and cohabiting couples has increased significantly in most European countries. Focusing on both economic and social aspects, this comprehensive volume explores the consequences of partnership dissolution at the individual...

In this book a distinguished group of contributors discuss the changing political economy of pension reform. They focus on those countries which have launched a significant reframing of their pension system. Each chapter provides a detailed review of recent pension reforms and offers...

Discrimination’s dynamic nature means that no single theory, method, data or study should be relied upon to assess its magnitude, causes, or remedies. Despite some gains in our understanding, these remain active areas of debate among researchers, practitioners and policymakers. The specially...

In this unique and pathbreaking book, David Reisman examines the relatively new phenomenon of health travel. He presents a multidisciplinary account of the way in which lower costs, shorter waiting times, different services, and the chance to combine recreational tourism with a check-up or an...