Showing 1 - 10 of 64
While ageing is accepted as a major problem for most industrialized societies, its labour market consequences are not …
Persistent link: https://www.econbiz.de/10005666422
The ageing of the population shakes the confidence in the economic viability of pay-as-you-go social security systems …
Persistent link: https://www.econbiz.de/10005791880
The European ageing process will lead to a dramatic rise in dependency ratios over the next decades. At the same time … and ageing for European social security systems. With uncoordinated social security policies, national pensions funds …
Persistent link: https://www.econbiz.de/10005791913
The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure built into the various public early retirement and retirement systems. First, we compute indicators of benefit entitlement such as the social security wealth. Then, we use three...
Persistent link: https://www.econbiz.de/10005792016
summarised as follows. First, the demographic shifts towards population ageing lead to a change in the tax base from labor income …
Persistent link: https://www.econbiz.de/10011107082
We analyse the economic impact of a simultaneous aging shock in two countries. The countries are identical in all respects except the financing scheme of their public pension system. While one relies on capitalization, the other one relies on a pay-as-you-go scheme. We show that the two...
Persistent link: https://www.econbiz.de/10005114458
the most efficient innovation processes. We combine a traditional nonparametric frontier approach with super-efficiency … and tests for return to scale properties using bootstrap procedures to derive consistent and robust efficiency estimates … Denmark have the highest R&D efficiency on average in total manufacturing. However, sector-specific efficiency scores reveal …
Persistent link: https://www.econbiz.de/10009321843
This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. In … constraints. The efficiency scores presented are based on an intertemporal frontier estimation for the period 1995 to 2004. We …&D efficiency by attenuating the incentives to innovate and to allocate resources efficiently. …
Persistent link: https://www.econbiz.de/10008684686
efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data … Envelopment Analysis (DEA) to analyze the potential efficiency gains from mergers between water utilities at the county level. A … conditional efficiency framework is used to account for the operating environment. Highest efficiency improvement potentials turn …
Persistent link: https://www.econbiz.de/10011083827
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10011213309