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Job search and savings : wealth effects and duration dependence

Lentz, Rasmus; Tranæs, Torben - 2001

In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment; layoffs are random and beyond the worker s influence, while the re-employment chance is directly affected by search effort. We characterize the worker s optimal savings and job-search...

Persistent link: https://www.econbiz.de/10011398412

When unemployment disappears : Ireland in the 1990s

Walsh, Brendan M. - 2003

This paper examines the behaviour of the Irish labour market during the 1990s. Over the course of the decade the Irish unemployment rate fell from the highest to the lowest in the EU. Over the same period a record number of jobs was created and all the indicators suggest that full employment was...

Persistent link: https://www.econbiz.de/10011514165

Incentives and workers' motivation in the public sector : presented at CESifo Area Conference on Public Sector Economics, May 2004

Delfgaauw, Josse; Dur, Robert A. J. - 2004

Civil servants have a bad reputation of being lazy. However, citizens' personal experiences with civil servants appear to be significantly better. We develop a model of an economy in which workers differ in laziness and in public service motivation, and characterise optimal incentive contracts...

Persistent link: https://www.econbiz.de/10011449658

Marriage and consumption insurance : what s love got to do with it?

Hess, Gregory D. - 2001

This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a hedge (i.e. a spouse whose income is negatively correlated with her own) as it raises her...

Persistent link: https://www.econbiz.de/10011399259

Will social security and Medicare remain viable as the U.S. population is aging? : an update

Bohn, Henning - 2003

Yes, subject to concerns about Medicare inefficiencies and potentially self-confirming skepticism. The U.S. social security system-broadly defined to include Medicare-faces significant financial problems as the result of an aging population. But demographic change is also likely to raise...

Persistent link: https://www.econbiz.de/10011511045

Population, population density, and technological change

Klasen, Stephan; Nestmann, Thorsten - 2004

In a model on population and endogenous technological change, Kremer combines a short-run Malthusian scenario where income determines the population that can be sustained, with the Boserupian insight that greater population spurs technological change and can therefore lift a country out of its...

Persistent link: https://www.econbiz.de/10011449334

Financing retirement in the European Union

Bovenberg, Ary Lans - 2002

the major developments that affect the pension systems of the EU. To diversify these risks, EU governments should act on …. Pension schemes should be more explicit about how they share demographic and other risks. Countries that currently rely …

Persistent link: https://www.econbiz.de/10011408835

Does the balance of power within a family matter? : the case of the retirement equity act

Aura, Saku - 2002

change in US pension law (the Retirement Equity Act of 1984) is used as an instrument to derive predictions both from a … change gave spouses of married pension-plan participants the right to survivor benefits unless they explicitly waived this …

Persistent link: https://www.econbiz.de/10011410000

Public pensions in the national accounts and public finance targets

Oksanen, Heikki - 2004

Preparations are underway to revise national accounting to implement actuarial recording of pension liabilities for … pension contributions. The clearest advantages of the revision appear in situations where pension liabilities are shifted from … the corporate sector to government, and where part of the public pension system is privatised. The proposed revision …

Persistent link: https://www.econbiz.de/10011449487

Public pensions and capital accumulation : the case of Brazil

Glomm, Gerhard; Jung, Jürgen; Lee, Changmin; Tran, Chung - 2005

We use an OLG model to study the effects of the generous public sector pension system in Brazil. In our model there are …

Persistent link: https://www.econbiz.de/10003121038

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