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How Much Do Means-Tested Benefits Reduce the Demand for Annuities?
Butler, Monika - 2011
We analyze the effect of means-tested benefits on annuitization decisions. Most industrialized countries provide a subsistence level consumption floor in old age, usually in the form of means-tested benefits. The availability of such means-tested payments creates an incentive to cash out...
Persistent link: https://www.econbiz.de/10013123214
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Institutional Reform and Depositors' Portfolio Choice -- Evidence from Censored Quantile Regressions
Berlemann, Michael - 2014
bank customer data from German savings banks, study whether the customers of East German banks differ from their West …, individuals are willing to bear, seems to change only slowly as the portfolios of East and West German savings bank customers …
Persistent link: https://www.econbiz.de/10013053072
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Raising Taxes through Equalization
Smart, Michael - 2007
A simple theory suggests that a common form of federal horizontal equalization grants should cause subnational governments to levy higher tax rates, distorting local tax bases and so increasing federal transfers. To test this, I examine Canadian provincial tax policies in the 1972-2002 period....
Persistent link: https://www.econbiz.de/10012777492
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Political Competition and Convergence to Fundamentals : With Application to the Political Business Cycle and the Size of Government
Ferris, J. Stephen - 2006
We address the problem of how to investigate whether economics, or politics, or both, matter in the explanation of public policy. The problem is first posed in a particular context by uncovering a political business cycle (using Canadian data for 130 years) and by taking up the challenge to make...
Persistent link: https://www.econbiz.de/10012781541
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Labor Market Effects of Sports and Exercise : Evidence from Canadian Panel Data
Lechner, Michael - 2014
Based on the Canadian National Population Health Survey we estimate the effects of individual sports and exercise on individual labor market outcomes. The data covers the period from 1994 to 2008. It is longitudinal and rich in life-style, health, and physical activity information. Exploiting...
Persistent link: https://www.econbiz.de/10013057258
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Indian Entrepreneurial Success in the United States, Canada and the United Kingdom
Fairlie, Robert W.; Krashinsky, Harry A.; … - 2021
Kingdom and Canada -- we examine the performance of Indian entrepreneurs and explanations for their success. We find that … Canada, Indian entrepreneurs have average earnings slightly below the national average but they are more likely to hire … Canada and the United Kingdom contributing less to their entrepreneurial success …
Persistent link: https://www.econbiz.de/10013315668
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Dutch Disease and the Mitigation Effect of Migration : Evidence from Canadian Provinces
Beine, Michel A. R.; Coulombe, Serge; Vermeulen, Wessel - 2021
This paper looks at whether immigration can mitigate the Dutch disease effects associated with booms in natural resource sectors. We first derive predicted changes in the size of the non-tradable sector from a small general-equilibrium model à la Obstfeld-Rogoff, supplemented by a resource...
Persistent link: https://www.econbiz.de/10013315912
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Who Should Pay for Certification?
Stahl, Konrad O.; Strausz, Roland - 2021
Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer or the seller? Our answer - the seller - follows from a nontrivial analysis revealing a clear intuition. Buyer-induced certification acts as an inspection device,...
Persistent link: https://www.econbiz.de/10013316064
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Trade and Geography : Paul Krugman and the 2008 Nobel Prize in Economics
Brakman, Steven - 2009
The 2008 Nobel prize for economics was awarded to Paul Krugman for three papers - Krugman (1979, 1980, 1991). In this paper we illustrate that, indeed, these three papers are closely connected. We present - a summary of - the papers using a unified framework. Central in the discussion is the...
Persistent link: https://www.econbiz.de/10012765195
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Dark Costs, Missing Data : Shedding Some Light on Services Trade
Anderson, James E. - 2015
A structural gravity model is used to estimate barriers to services trade across many sectors, countries and time. Since the disaggregated output data needed to flexibly infer border barriers are often missing for services, we derive a novel methodology for projecting output data. The empirical...
Persistent link: https://www.econbiz.de/10013011441