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Casey, Gregory; Galor, Oded - 2016

We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...

Persistent link: https://www.econbiz.de/10011584922

Demography and innovative entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007

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

Annuity market imperfection, retirement and economic growth

Heijdra, Ben J.; Mierau, Jochen O. - 2009

We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and on the macroeconomic growth rate in an overlapping generations model with endogenous growth. We model imperfect annuities by introducing a load factor on the interest rate...

Persistent link: https://www.econbiz.de/10010266022

Demographic change and bank profitability: empirical evidence from German savings banks

Berlemann, Michael; Oestmann, Marco; Thum, Marcel - 2010

Most European economies will experience significant demographic changes in the decades ahead. Due to low birth rates, populations are shrinking and ageing at the same time. This paper explores the impact of demographic change on the banking industry. A unique data set, which contains detailed...

Persistent link: https://www.econbiz.de/10010271784

Economic growth and longevity risk with adverse selection

Heijdra, Ben J.; Reijnders, Laurie S. M. - 2009

We study a closed economy featuring heterogeneous agents and exhibiting endogenous economic growth due to interfirm external effects. Individual agents differ in terms of their mortality profile. At birth, nature assigns a health status to each agent. Health type is private information and...

Persistent link: https://www.econbiz.de/10010274230

Does size matter? The impact of changes in household structure on income distribution in Germany

Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - 2010

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing household structure is widely neglected. Societal trends...

Persistent link: https://www.econbiz.de/10010274876

Demography and Income in the 21st Century: A Long-Run Perspective

Brakman, Steven; Kohl, Tristan; van Marrewijk, Charles - 2024

demographic dividend to income projections. Our findings are as follows. First, show that historically the impact of demography on …

Persistent link: https://www.econbiz.de/10014574295

Demography and Provisions for Retirement - The Pension Composition, a Behavioral Approach

van Praag, Bernard M.S.; Hop, J. Peter - 2020

interests of the different groups are only partly coinciding. For a given demography and interest rate, the joint result of the … in the capital market with a corresponding equilibrium interest rate. In this paper we assume a demography with one … determined by the demography and cannot be modified at will as a long-term political instrument. We find that this is relevant …

Persistent link: https://www.econbiz.de/10012179856

Does Emigration Drain Entrepreneurs?

Anelli, Massimo; Basso, Gætano; Ippedico, Giuseppe; … - 2020

Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger...

Persistent link: https://www.econbiz.de/10012269458

Endogenous Longevity and Optimal Tax Progressivity

Heer, Burkhard; Rohrbacher, Stefan - 2020

We study the impact of endogenous longevity on optimal tax progressivity and inequality in an overlapping generations model with skill heterogeneity. Higher tax progressivity decreases both the longevity gap and net income inequality, but at the expense of lower average lifetime and lower...

Persistent link: https://www.econbiz.de/10012425597