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Unemployment and Consumption: Are Job Losses Less Painful near the Mediterranean?

Bentolila, Samuel; Ichino, Andrea - 2000

In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel … empirical results indicate that an increase in the duration of unemployment spells of male household heads is associated with … Mediterranean, provide a fundamental source of insurance against unemployment in southern Europe. …

Persistent link: https://www.econbiz.de/10009781654

Pension, fertility, and education

Meier, Volker (contributor); Wrede, Matthias (contributor) - 2005

A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and education, we discuss internalization policies...

Persistent link: https://www.econbiz.de/10003113341

Measuring persistence of the world population : a fractional integration approach

Caporale, Guglielmo Maria; Infante, Juan; Rio, Marta del; … - 2023

This paper uses fractional integration methods to measure the degree of persistence in historical annual data on the world population over the period 1800-2016. The analysis is carried out for the original series, and also for its log transformation and its growth rate. The results indicate that...

Persistent link: https://www.econbiz.de/10013550205

Pensions and fertility : back to the roots ; the introduction of Bismarck's pension scheme and the European fertility decline

Fenge, Robert; Scheubel, Beatrice - 2013

Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper is the first to provide detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our...

Persistent link: https://www.econbiz.de/10009792218

Demographic transition and political stability : does corruption matter?

Farzanegan, Mohammad Reza; Witthuhn, Stefan - 2014

A demographic transition resulting from an increase in the size of the young working age population can be a blessing or a curse for economic performance. We focus on the political stability effects of a larger youth population and hypothesize that corruption matters in this nexus. Using panel...

Persistent link: https://www.econbiz.de/10010464999

Optimal pensions in aging economies

Heer, Burkhard - 2015

Ýmrohoroðlu, Ýmrohoroðlu and Joines [1995, A life-cycle analysis of Social Security, Economic Theory, vol. 6, 83 …

Persistent link: https://www.econbiz.de/10010477151

Increasing longevity and social security reforms

Andersen, Torben M. (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364855

Probabilistic aging

Grafenhofer, Dominik; Jaag, Christian; Keuschnigg, Christian - 2006

The paper develops an overlapping generations model with probabilistic aging of households. We define age as a set of personal attributes such as earnings potential, health and tastes that are characteristic of a person's position in the life-cycle. In assuming a limited number of different...

Persistent link: https://www.econbiz.de/10003301179

Ageing municipalities, gerontocracy and fiscal competition

Montén, Anna (contributor); Thum, Marcel (contributor) - 2008

We develop a simple model of fiscal competition among ageing municipalities. When ageing advances, gerontocracies and social planners gradually substitute publicly provided goods aimed at the mobile young population for publicly provided goods for the elderly. This substitution process does not...

Persistent link: https://www.econbiz.de/10003790977

Sharing demographic risk : who is afraid of the baby bust?

Ludwig, Alexander (contributor); Reiter, Michael (contributor) - 2008

We model the optimal reaction of a public PAYG pension system to demographic shocks. We compare the ex-ante first best and second best solution of a Ramsey planner with full commitment to the outcome under simple third best rules that mimic the pension systems observed in the real world. The...

Persistent link: https://www.econbiz.de/10003771791