Showing 1 - 10 of 985
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper provides detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our theoretical...
Persistent link: https://www.econbiz.de/10013047746
This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information … allows us to compare current retirement rates among current and future inheritors. Chances of current retirement are 40 …
Persistent link: https://www.econbiz.de/10012894812
show that institutional measures (such as, state/health benefits, minimum retirement age) could not be sufficient alone if … determinants of retirement based on the Eurostat Survey on Income and Living Conditions (EU-SILC). Applying standard survivor … analysis tools to describe exits into retirement, we do not find any significant differences in the patterns into retirement …
Persistent link: https://www.econbiz.de/10013086839
show that institutional measures (such as, state/health benefits, minimum retirement age) could not be sufficient alone if … determinants of retirement based on the Eurostat Survey on Income and Living Conditions (EU-SILC). Applying standard survivor … analysis tools to describe exits into retirement, we do not find any significant differences in the patterns into retirement …
Persistent link: https://www.econbiz.de/10011605562
This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information … allows us to compare current retirement rates among current and future inheritors. Chances of current retirement are 40 …
Persistent link: https://www.econbiz.de/10012142066
We empirically investigated the impact of regulatory risk retention methods on credit ratings and pricing at issuance using a sample of European securitization tranches issued in the period 2011-2021. European regulation is based on the assumption that all risk retention methods homogenously...
Persistent link: https://www.econbiz.de/10014349343
The paper inspects the credit impact of policy instruments that are commonly applied to contain systemic risk. It employs detailed information on the use of capital-based, borrower-based and liquidity-based instruments in 28 European Union countries in 1995—2017 and a macroeconomic panel...
Persistent link: https://www.econbiz.de/10012824519
This study analyses the choice of government debt managers in the euro area between issuing short‐term or long‐term debt over the period 1992‐2017. Debt managers increased short‐term debt issuance in response to higher interest rate spreads and to rising government debt, notably in...
Persistent link: https://www.econbiz.de/10012829297
bank health and the consequences for aggregate productivity in 11 European countries. Controlling for cyclical effects, the … Europe may at least partly stem from bank forbearance. The increasing survival of zombie firms congests markets and … around one-third of the impact of zombie congestion on capital misallocation can be directly attributed to bank health and …
Persistent link: https://www.econbiz.de/10012892781
We use cross-country microdata to analyse the risk taking of households in Europe and the US. Concerning the extensive … inside Europe we document substantial differences. Furthermore, average risk aversion is strongly correlated with the share …
Persistent link: https://www.econbiz.de/10012871885