Showing 1 - 10 of 213
unmarried women, thereby delaying female marriage, lowering fertility, and unleashing economic growth. We show that this …
Persistent link: https://www.econbiz.de/10012916356
predicts lower future pensions to reduce fertility, while the 'old-age security' to increase it. Our empirical analysis … identifies a clear and robust positive effect of less generous future pensions on post-reform fertility. These findings are … consistent with 'old-age security' even for contemporary fertility …
Persistent link: https://www.econbiz.de/10013316377
literature we find strong effects of income on mortality after the 1750s …
Persistent link: https://www.econbiz.de/10013056835
questions: 1) How much asset and welfare risks does each region in the Philippines face from riverine flood disasters? 2) How … resilience to riverine flood disasters and what will be their measured benefit? We study the 18 regions of the Philippines to …
Persistent link: https://www.econbiz.de/10012919003
This paper explores firms' export dynamics in emerging economies where local firms face stiff foreign competition, both at home and abroad, and thus compelled to choose the level of quality in which to export. We develop and test a model of vertical product differentiation where the link between...
Persistent link: https://www.econbiz.de/10012963749
We offer a new methodology for the assessment of public debt sustainability in a stochastic economy when sovereign default taken into account. The default threshold differs from the no-Ponzi condition and depends on the post-default debt recovery rule. We distinguish sustainability and...
Persistent link: https://www.econbiz.de/10012950605
The Greek debt restructuring of 2012 stands out in the history of sovereign defaults. It achieved very large debt relief – over 50 per cent of 2012 GDP – with minimal financial disruption, using a combination of new legal techniques, exceptionally large cash incentives, and official sector...
Persistent link: https://www.econbiz.de/10013078910
time. The low biological standard of living observed in late 19th century Philippines was not due to the tropical disease …
Persistent link: https://www.econbiz.de/10013315539
-vote-selling intervention in the Philippines. We model selling one’s vote as a temptation good: it creates positive utility for the future self …
Persistent link: https://www.econbiz.de/10013315594
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/10012759851