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Maintaining One's Living Standard at Old Age: What Does that Mean? Evidence Using Panel Data from Germany
Dudel, Christian; Ott, Notburga; Werding, Martin - 2013
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find … replacement rate vis-à-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income … the year of entry into retirement as a rather robust result, while replacement rates keeping the living standard unchanged …
Persistent link: https://www.econbiz.de/10010293974
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Corporate Philanthropy and Productivity: Evidence from an Online Real Effort Experiment
Tonin, Mirco; Vlassopoulos, Michael - 2014
Contributing to a social cause can be an important driver for workers in the public and non-profit sector as well as in firms that engage in Corporate Philanthropy or other Corporate Social Responsibility policies. This paper compares the effectiveness of social incentives - that take the form...
Persistent link: https://www.econbiz.de/10010352359
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Does Pension Privatization Increase Economic Growth? Evidence from Latin America and Eastern Europe
Altiparmakov, Nikola; Nedeljkovic, Milan - 2016
Analyses of pension funding effects on economic growth need to differentiate between ‘carve-out' pension privatization … in Latin America and Eastern Europe and typical ‘add-on' pension funding in Western Europe and North America. We find no … evidence that pension privatization in Latin America and Eastern Europe was associated with higher economic growth. The result …
Persistent link: https://www.econbiz.de/10011555516
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Call my Rep! How Unions Overcame the Free-Rider Problem
Murphy, Richard - 2017
This paper proposes an explanation of why union membership has been increasing in some occupations, despite the opportunity to freeride on traditional union benefits. I model membership as legal insurance whose demand increases with the perceived risk of allegations. Using media reports on...
Persistent link: https://www.econbiz.de/10011615917
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Dual Labour Markets Revisited
Bentolila, Samuel; Dolado, Juan Jose; Jimeno, Juan F. - 2019
This paper provides an overview of recent research on dual labour markets. Theoretical and empirical contributions on the labour-market effects of dual employment protection legislation are revisited, as well as factors behind its resilience and policies geared towards correcting its negative...
Persistent link: https://www.econbiz.de/10012018170
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Inconsistent time preferences and on-the-job search - when it pays to be naive
Fahn, Matthias; Seibel, Regina - 2019
We study optimal employment contracts for present-biased employees who can conduct on-the-job search. Presuming that firms cannot offer long-term contracts, we find that individuals who are naive about their present bias will actually be better off than sophisticated or time-consistent...
Persistent link: https://www.econbiz.de/10012018295
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Lessons of the financial crisis for the design of national pension systems
Burtless, Gary - 2009
The recent financial crisis and historical record suggest important lessons about the design of national pension …
Persistent link: https://www.econbiz.de/10010271964
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The benefits of being economics professor A (and not Z)
van Praag, C. Mirjam; van Praag, Bernard M. S. - 2007
Alphabetic name ordering on multi-authored academic papers, which is the convention in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Professor A, who has been a first author more...
Persistent link: https://www.econbiz.de/10010276299
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Unemployment in the European Union: Institutions, prices, and growth
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2004
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10010276423
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The Impact of Hiring Costs for Skilled Workers on Apprenticeship Training: A Comparative Study
Aepli, Manuel; Muehlemann, Samuel; Pfeifer, Harald; … - 2024
This study analyzes the relationship between firms' costs of hiring skilled workers and their provision of internal apprenticeship training. Our empirical analysis draws on four waves of firm surveys conducted in Germany and Switzerland that include detailed information on firms' hiring costs...
Persistent link: https://www.econbiz.de/10014534350