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This paper suggests that pension characteristics are simultaneously determined along with workers’ retirement ages. Both the age of pension eligibility and actual retirement age are determined by the productivity and marginal disutility of work, factors that are influenced by worker and job...
Persistent link: https://www.econbiz.de/10003200912
We develop a new general equilibrium monopolistic competition model with variable demand elasticity, heterogeneous … firms, and multiple asymmetric regions. Wages, productivity, consumption diversity, and markups across firms and markets are …
Persistent link: https://www.econbiz.de/10009683263
We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of …
Persistent link: https://www.econbiz.de/10011404281
Social assistance in Germany reduces the incentive to work. TheU. S. Welfare to Work Programme tries to avoid such …. Conclusions for welfare reform in Germany are drawn. …
Persistent link: https://www.econbiz.de/10011399661
micro-data for France, Germany, the UK and the US, we study their decisions to migrate to one of the four countries using a … Multinomial Choice framework. Our estimates confirm a number of conventional results such as positive effects of wages and …
Persistent link: https://www.econbiz.de/10003805994
Persistent link: https://www.econbiz.de/10001165117
This paper examines evidence on the role of assimilation versus source country culture in influencing immigrant women’s behavior in the United States - looking both over time with immigrants' residence in the United States and across immigrant generations. It focuses particularly on labor...
Persistent link: https://www.econbiz.de/10011392486
illustrate our approach by comparing Germany and the US based on harmonized micro data. We find significant, sizeable and robust …
Persistent link: https://www.econbiz.de/10009535094
whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the …
Persistent link: https://www.econbiz.de/10011398432
A small macroeconomic model is constructed to study the transmission of the monetary policy conducted by the Deutsche Bundesbank (DBB) since the middle of the 1970s. For this purpose quarterly, seasonally unadjusted data for the period from 1975 to 1998 are used, that is, the period until the...
Persistent link: https://www.econbiz.de/10011400913