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Early retirement and social security : a long term perspective
Conde-Ruiz, Jose Ignacio; Galasso, Vincenzo; Profeta, Paola - 2005
We provide a long-term perspective on the individual retirement behaviour and on the future of retirement. In a Markovian political economic theoretical framework, in which incentives to retire early are embedded, we derive a political equilibrium with positive social security contribution rates...
Persistent link: https://www.econbiz.de/10010272717
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Why are Average Hours Worked Lower in Richer Countries?
Bick, Alexander - 2020
Why are average hours worked per adult lower in rich countries than in poor countries? We consider two natural explanations: income effects in preferences, in which leisure becomes more valuable when income rises, and distortionary tax systems, which are more prevalent in richer countries. To...
Persistent link: https://www.econbiz.de/10012834992
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Dimensions of Donation Preferences : The Structure of Peer and Income Effects
Drouvelis, Michalis - 2019
Charitable donations provide positive externalities and can potentially be increased with an understanding of donor preferences. We obtain a uniquely comprehensive characterization of donation motives using an experiment that varies treatments between and within subject. Donations are increasing...
Persistent link: https://www.econbiz.de/10012892086
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Estimation and Inference in Spatial Models with Dominant Units
Pesaran, M. Hashem - 2020
In spatial econometrics literature estimation and inference are carried out assuming that the matrix of spatial or network connections has uniformly bounded absolute column sums in the number of units, n, in the network. This paper relaxes this restriction and allows for one or more units to...
Persistent link: https://www.econbiz.de/10012849715
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Panel Unit Root Tests in the Presence of a Multifactor Error Structure
Pesaran, M. Hashem; Smith, L. Vanessa; Yamagata, Takashi - 2021
This paper extends the cross sectionally augmented panel unit root test proposed by Pesaran (2007) to the case of a multifactor error structure. The basic idea is to exploit information regarding the unobserved factors that are shared by other time series in addition to the variable under...
Persistent link: https://www.econbiz.de/10013316613
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Joint Retirement of Couples : Evidence from Discontinuities in Denmark
García-Miralles, Esteban; Leganza, Jonathan M. - 2021
We study how social security influences the retirement behavior of couples. First, we exploit over two decades of full-population data and a discontinuity design to document sizable retirement spillovers to spouses when individuals reach pension eligibility age. Next, we explore underlying...
Persistent link: https://www.econbiz.de/10013219057
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Refugee Migration and the Labor Market : Lessons from 40 Years of Post-Arrival Policies in Denmark
Nielsen Arendt, Jacob; Dustmann, Christian; Ku, Hyejin - 2022
Denmark has accepted refugees from a large variety of countries and for more than four decades. Denmark has also …
Persistent link: https://www.econbiz.de/10013292496
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Climate Mitigation Policy in Denmark : A Prototype for Other Countries
Batini, Nicoletta; Parry, Ian; Wingender, Philippe - 2021
Denmark has a highly ambitious goal of reducing greenhouse gas emissions 70 percent below 1990 levels by 2030. While … there is general agreement that carbon pricing should be the centerpiece of Denmark’s mitigation strategy, pricing needs to … strategy Denmark develops can be a good prototype for others to follow. This paper discusses mechanisms to scale up domestic …
Persistent link: https://www.econbiz.de/10013245631
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Linking Changes in Inequality in Life Expectancy and Mortality : Evidence from Denmark and the United States
Dahl, Gordon B. - 2020
inequality in the US and the entire rise in Denmark. Cardiovascular mortality declines favored the poor, but differences in …
Persistent link: https://www.econbiz.de/10012828125
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Marriage and the City
Gautier, Pieter A.; Svarer, Michael; Teulings, Coen N. - 2021
Do people move to cities because of marriage market considerations? In cities singles can meet more potential partners than in rural areas. Singles are therefore prepared to pay a premium in terms of higher housing prices. Once married, the marriage market benefits disappear while the housing...
Persistent link: https://www.econbiz.de/10013318738