Showing 1 - 10 of 576
In this paper, we consider how the retirement age as well as a tax financed pension system ought to respond to a change … perfect control over the individuals' labor supply and retirement-decisions, the results show that a decrease in the standard … deviation of life-length leads to an increase in the optimal retirement age and vice versa, if the preferences for “the number …
Persistent link: https://www.econbiz.de/10013137106
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10012919245
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …
Persistent link: https://www.econbiz.de/10012925277
The specificities of the workforce with a migrant background are often neglected in studies of retirement. Similarly … systems – with a focus on retirement. The paper argues that such effects are non‐negligible and are likely to have major …
Persistent link: https://www.econbiz.de/10013315839
İmrohoroğlu, İmrohoroğlu and Joines [1995, A life-cycle analysis of Social Security, Economic Theory, vol. 6, 83-114] show that the optimal replacement ratio of the pay-as-you-go public pension system in the US economy amounts to 30%. We extend their analysis to a model that 1) replicates...
Persistent link: https://www.econbiz.de/10013028781
This paper investigates the impact of the public smoking ban which came into effect in Italy on January 2005 on … individual smoking behaviour. Current empirical evidence supports the existence of a negative effect of the Italian ban on … smoking prevalence and consumption in the general population. This is in contrast to what has been found in some other …
Persistent link: https://www.econbiz.de/10013315560
Persistent link: https://www.econbiz.de/10013023913
We use instrumental variable methods to investigate whether the impact of parental smoking habits on their children …'s smoking decisions is a causal one. We find evidence of same-sex role models in two-parent households: mothers play a crucial … role in determining their daughters' smoking decisions, while fathers' smoking habits are primarily imitated by their sons …
Persistent link: https://www.econbiz.de/10013156225
Although it may at first seem unimportant, the structure of excise taxes on cigarettes greatly affects the price of cigarettes, the structure of the consumption, but also the amount of the tax revenue. EU Directive 2011/64/EU prescribes the combination of the specific and the proportional (ad...
Persistent link: https://www.econbiz.de/10012958889
This paper investigates how legal cannabis access affects student performance. Identification comes from an exceptional policy introduced in the city of Maastricht which discriminated legal access based on individuals’ nationality. We apply a difference-in-difference approach using...
Persistent link: https://www.econbiz.de/10013315545