Showing 1 - 10 of 490
The paper examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. After establishing a normative framework, we examine the properties of the...
Persistent link: https://www.econbiz.de/10010261395
In this paper, we use a two-stage bargaining model to analyze the living arrangement of a disabled elderly parent and the assistance provided to the parent by her adult children. The first stage determines the living arrangement: the parent can live in a nursing home, live alone in the...
Persistent link: https://www.econbiz.de/10010264063
In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different...
Persistent link: https://www.econbiz.de/10010264199
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10010264224
simulation results for eastern Germany, a forerunner in the demographic process, show that the population decline will not help …
Persistent link: https://www.econbiz.de/10010264373
The Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10010264434
DSGE-models have become important tools of analysis not only in academia but increasingly in the board rooms of central banks. The success of these models has much to do with the coherence of the intellectual framework it provides. The limitations of these models come from the fact that they...
Persistent link: https://www.econbiz.de/10010273776
In a model on population and endogenous technological change, Kremer combines a short-run Malthusian scenario where income determines the population that can be sustained, with the Boserupian insight that greater population spurs technological change and can therefore lift a country out of its...
Persistent link: https://www.econbiz.de/10010261207
This paper provides a comparison of tax morale between inhabitants of East and West Germany in its post … because they are similar, as, e.g., a common language, similar education systems and a shared cultural and political history … compared to cross-country studies. Our findings show higher tax morale in East than in West Germany. However, in only 9 years …
Persistent link: https://www.econbiz.de/10013317223
Decisions concerning marriage, fertility, participation, and the education of children are explained using a two …, availability of quasi-marriages such as PACS in France, and civil partnership in the UK), (ii) legislation concerning the …, and (iv) length and effective enforcement of compulsory education. The predictions are consistent with two empirical …
Persistent link: https://www.econbiz.de/10010264246