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Generational accounting, solidarity and pension losses
Teulings, Coen N.; Vries, Casper G. de - 2003
The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...
Persistent link: https://www.econbiz.de/10011334341
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Pension rules and labour market mobility
Lammers, Marloes; Bloemen, Hans H.G.; Hochguertel, Stefan S. - 2017 - This version: June 2017
This paper makes use of a natural experiment to examine effects of potential capital losses and general attractiveness of pension schemes on employees' propensity to change jobs. On January 1st 2004, the two largest pension funds in the Netherlands, for civil servants and for the health care...
Persistent link: https://www.econbiz.de/10011688514
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Voluntary participation and intergenerational risk sharing in a funded pension system
Beetsma, Roel; Romp, Ward E.; Vos, Siert J. - 2011 - This version: March 16, 2011
We explore the feasibility of a funded pension system with intergenerational risk sharing when participation in the …'s willingness to do so. We characterise equilibria with voluntary participation and show that the likelihood of their existence … increases with risk aversion and financial market uncertainty. We find that it is likely that mandatory participation is …
Persistent link: https://www.econbiz.de/10011386164
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Job-search periods for welfare applicants : evidence from a randomized experiment
Bolhaar, Jonneke; Kete, Nadine; Klaauw, Bas van der - 2016
This paper studies mandatory job-search periods for welfare applicants. During this period the benefits application is put on hold and the applicant is obliged to make job applications. We combine a randomized experiment with detailed administrative data to investigate the effects of imposing a...
Persistent link: https://www.econbiz.de/10011441683
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Do disability benefits hinder work resumption after recovery?
Koning, Pierre; Muller, Paul; Prudon, Roger - 2020
While a large share of Disability Insurance recipients are expected to recover, outflow rates from temporary disability schemes are typically negligible. We estimate the disincentive effects of disability benefits on the response to a (mental) health improvement using administrative data on all...
Persistent link: https://www.econbiz.de/10012404191
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Why do temporary workers have higher disability insurance risks than permanent workers?
Koning, Pierre; Muller, Paul; Prudon, Roger - 2022
Workers with fixed-term contracts typically have worse health than workers with permanent contracts. We show that these differences in health translate into a substantially higher (30%) risk of applying for disability insurance (DI) in the Netherlands. Using unique administrative data on health...
Persistent link: https://www.econbiz.de/10013164995
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Pitfalls of pay transparency : evidence from the lab and the field
Brütt, Katharina; Yuan, Huaiping - 2022
Wage transparency regulation is widely considered and adopted as a tool to reduce the gender wage gap. We combine field and laboratory evidence to address how and when wage transparency can be effective and explore the role of belief adjustments as a mechanism. In the field, this paper studies a...
Persistent link: https://www.econbiz.de/10013348353
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The benefits of being economics professor A (and not Z)
Praag, Mirjam van; Praag, Bernard M. S. van - 2007
Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials are placed early in the alphabet. As it turns out, Professor A, who has been afirst author more...
Persistent link: https://www.econbiz.de/10011372501
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The value relevance of top executive departures
Cools, Cornelis; Praag, Mirjam van - 2007
On theoretical grounds, monitoring of top executives by the (supervisory) board is expected to be value relevant. The empirical evidence is ambiguous and we analyze three non-competing explanations for this ambiguity: (i) The positive effect on firm value of board monitoring is hidden in stock...
Persistent link: https://www.econbiz.de/10011453242
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First author determinants : an empirical analysis
Praag, Mirjam van; Praag, Bernard M. S. van - 2006
Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials are placed early in the alphabet. As it turns out, Professor A, who has been afirst author more...
Persistent link: https://www.econbiz.de/10011333873