Showing 1 - 10 of 161
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … to study this question. As of 2005 (with a phase-in period between 2002-04), the German pension administration started to … send out annual letters providing detailed and comprehensible information about the pension system and individual expected …
Persistent link: https://www.econbiz.de/10011782119
The recent financial crisis and historical record suggest important lessons about the design of national pension …
Persistent link: https://www.econbiz.de/10003872221
This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European … Countries. The paper seeks to answer the following questions: i) what is the impact on the sustainability of Poland's pension … system of the decrease in the pension contribution going to the second pension pillar from 7.3% to 2.3% in 2011; ii) what are …
Persistent link: https://www.econbiz.de/10009533961
We study the causal effect of school curricula on students' stated beliefs and attitudes. We exploit a major textbook reform in China that was rolled out between 2004 and 2010 with the explicit intention of shaping youths' ideology. To measure its effect, we present evidence from a novel survey...
Persistent link: https://www.econbiz.de/10010347333
Contributing to a social cause can be an important driver for workers in the public and non-profit sector as well as in firms that engage in Corporate Philanthropy or other Corporate Social Responsibility policies. This paper compares the effectiveness of social incentives - that take the form...
Persistent link: https://www.econbiz.de/10010347336
The data indicate that non-wage labour costs in Germany have reached a record high in recent years. From 1972 to 2001, the ratio of non-wage labour costs to direct compensation in West German manufacturing industry rose from 55.6 per cent to 81.2 per cent. The topic of non-wage labour costs is...
Persistent link: https://www.econbiz.de/10011507925
Analyses of pension funding effects on economic growth need to differentiate between "carve-out" pension privatization … in Latin America and Eastern Europe and typical "add-on" pension funding in Western Europe and North America. We find no … evidence that pension privatization in Latin America and Eastern Europe was associated with higher economic growth. The result …
Persistent link: https://www.econbiz.de/10011536201
Firms may underinvest in local environmental protection even from the private viewpoint of its owners and employees, but works councils may help mitigate this problem. We show that increases in environmental investments when councils are present could be employee-led, firm-led, or jointly-led....
Persistent link: https://www.econbiz.de/10011541029
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10011450238
Increasing attention has been given to the fact that some multinational enterprises shift income to tax haven countries, an activity that generates inequality in corporate taxation. Here, we examine how profit shifting relates to wage inequality. Using rich matched employer-employee data from...
Persistent link: https://www.econbiz.de/10012822021