Showing 1 - 10 of 20
Longevity expectations (LE) are subjective assessments of future health status that can influence a number of individual health protective decisions. This is especially true during a pandemic such as COVID-19, as the risk of ill health depends more than ever on such protective decisions. This...
Persistent link: https://www.econbiz.de/10013358768
Macroeconomic downturns can have an important impact on the availability of informal and formal long-term care. This paper investigates how the market for informal care changed during and after the Great Recession in Europe. We use data from the Survey of Health, Aging and Retirement in Europe,...
Persistent link: https://www.econbiz.de/10011288788
Economic downturns give rise to unexpected employment shocks that can reshape the distribution of population income, and hence produce a "middle-class squeeze". However, there is limited empirical evidence testing the latter. This paper aims at testing the "middle-class squeeze" hypothesis...
Persistent link: https://www.econbiz.de/10011734383
Persistent link: https://www.econbiz.de/10003623944
How important is spatial identity in shifting preferences for redistribution? This paper takes advantage of within-country variability in the adoption of a single currency as an instrument to examine the impact of the rescaling of spatial identity in Europe. We draw upon data from the last three...
Persistent link: https://www.econbiz.de/10011286518
Long-term care (LTC) is the largest insurable risk that old-age individuals face in most western societies. However, the demand for LTC insurance is still ostensibly small in comparison to the financial risk, which is reflected in the formation of expectations of insurance coverage. One...
Persistent link: https://www.econbiz.de/10010383842
The euro area will not have a centralised budget and smoothing of country-specific asymmetric shocks via private financial markets will develop only slowly. Mistrust among the governments has caused rigid, even pro-cyclical fiscal policies. Smoothing mechanisms are absent due to the fear that...
Persistent link: https://www.econbiz.de/10011444463
In welfare states, collective saving has declined to a persistently negative level, while reduced fertility and increasing longevity are leading to increasing pension liabilities. Actuarial neutrality across generations is presented as a benchmark for designing pension reforms to meet the...
Persistent link: https://www.econbiz.de/10003112641
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include models accounting for several confounders, regional and...
Persistent link: https://www.econbiz.de/10012698819
Understanding how price regulations affect the adoption of new patent-protected pharmaceutical technologies is a crucial question in designing health systems. This paper addresses this question by examining how price expectations shape the probability of launch, controlling for competition,...
Persistent link: https://www.econbiz.de/10009127576