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to the reference value around 4.5%. As a result of the policy, during the last ten years unemployment in France was twice …A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF …. The relationship obtained for France is characterized by A0=-1, A1=4, A2=0.095, t0=4 years, and t1=4 years. For GDP …
Persistent link: https://www.econbiz.de/10005835964
The object of this paper is to examine the impact of type of pension scheme on retirement behaviour. The well … persistent unemployment, especially in Europe — and a supply effect — pension benefits and the value of other savings have … retirement behaviour. The paper presents a model of a simple (defined contribution) pension plan and looks at the optimal …
Persistent link: https://www.econbiz.de/10005836577
While personal-pension mis-selling dominated the headlines, just as costly was the over-compensation offered to younger workers to contract out of the state scheme into personal pensions. The proposal for age-related rebates outlined in this book was later taken up by the government.
Persistent link: https://www.econbiz.de/10005836776
This report surveys a dozen international comparative studies of poverty, income distribution and the elderly in OECD countries. It updates a previous Department of Social Security report — Whiteford and Kennedy, 1995, based on data from the mid- to late-1980s — including information up to...
Persistent link: https://www.econbiz.de/10005061663
This paper surveys a dozen international comparative studies of poverty, income distribution and older people in industrialized countries using data up to the mid-1990s. It addresses a series of questions. At what level are the incomes of the elderly relative to the population as a whole? How...
Persistent link: https://www.econbiz.de/10005623397
This set of three volumes argues that the mind – human consciousness – may be measured by considering mathematically the aggregate of that consciousness, i.e. social history. From this beginning theme of discussion three questions must arise. 1. How might this measurement be made? 2. Of what...
Persistent link: https://www.econbiz.de/10011259509
I argue that a form of consciousness may be found in American economic history, one which is both mathematically demonstrable and important. In this book I present a model of economic and political growth based upon systematic addition. We begin with a philosophic model of trade (pp. 34-46);...
Persistent link: https://www.econbiz.de/10011259667
unemployment. This paper argues that this ratio is actually a Pi:1 proportion, heretofore unrecognized because it is displayed …
Persistent link: https://www.econbiz.de/10011260030
In sum, in these essays I explore the self-similarity between levels, the fractal structure of reality, through an investigation of an inherent and unavoidable uncertainty which is unique to each level. These essays will demonstrate that as each level struggles to resolve its own inherent...
Persistent link: https://www.econbiz.de/10011260442
This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...
Persistent link: https://www.econbiz.de/10011260672