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The political economy of public investment when population is aging : a panel cointegration analysis

Jäger, Philipp; Schmidt, Torsten - 2015

aging on public investment. Moreover, the estimation of an error correction model reveals long-run Granger causality running … exclusively from aging to investment. Our results are robust to the inclusion of additional control variables typically considered …

Persistent link: https://www.econbiz.de/10010519083

Pension incentives and labor supply : evidence from the introduction of universal old-age assistance in the UK

Giesecke, Matthias; Jäger, Philipp - 2020

In dieser Studie untersuchen wir wie das Arbeitsangebot und die gesellschaftliche Wohlfahrt auf die Einführung einer …

Persistent link: https://www.econbiz.de/10012206620

Can pensions save lives? : evidence from the introduction of old-age assistance in the UK

Jäger, Philipp - 2023

I study the impact of old-age assistance on mortality using the introduction of public pensions in the UK in 1909 as a quasi-natural experiment. Exploiting the newly created pension eligibility age through a difference-in-difference as well as an event-time design, I show that elderly mortality...

Persistent link: https://www.econbiz.de/10014235352

Monopsonistic competition, low-wage labour markets, and minimum wages : an empirical analysis

Bachmann, Ronald; Frings, Hanna - 2015

This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...

Persistent link: https://www.econbiz.de/10011408479

The importance of two-sided heterogeneity for the cyclicality of labour market dynamics

Bachmann, Ronald; David, Peggy - 2009

Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job flows.The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...

Persistent link: https://www.econbiz.de/10003861451

Labour market polarisation, job tasks and monopsony power

Bachmann, Ronald; Demir, Gökay; Frings, Hanna - 2020

Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have changed over the last 30 years. We find that workers...

Persistent link: https://www.econbiz.de/10012405643

The impact of international outsourcing on labour market dynamics in Germany

Bachmann, Ronald (contributor); Braun, Sebastian (contributor) - 2008

Using an administrative data set containing daily information on individual workers' employment histories, we investigate how workers' labour market transitions are affected by international outsourcing. In order to do so, we estimate hazard rate models for match separations, as well as for...

Persistent link: https://www.econbiz.de/10003740136

Bismarck in the bedroom? : pension reform and fertility : evidence 1870-2010

Jäger, Philipp - 2017

Rising public pension generosity has frequently been cited as one reason for the (persistently) declining fertility rates in many advanced economies. Despite the theoretical appeal, empirical evidence on the pension-fertility nexus is limited. To fill this gap, I study country-level fertility...

Persistent link: https://www.econbiz.de/10011608047

Aging and real estate prices in Germany

Breidenbach, Philipp; Jäger, Philipp; Taruttis, Lisa - 2022

robust empirical evidence that population aging depresses real estate prices and rents. Using millions of individual real … have been up to 12% higher, if the population age distribution had been the same as in 2008. We show that population aging … demand for living space and live-cycle dissaving are driving our results. We predict that population aging will continue to …

Persistent link: https://www.econbiz.de/10013415857

Labour market entry conditions, wages and job mobility

Bachmann, Ronald; Bauer, Thomas K.; David, Peggy - 2010

Economic conditions at the time of labour market entry can induce wage differentials between workers entering the labour market at different points in time. While the existence and persistence of these entry wage differentials are well documented, little is known about their interaction with...

Persistent link: https://www.econbiz.de/10003969738