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This paper examines the effects of intensified international competition on industry profits in six European Union (EU) countries. The paper uses two methods to estimate industry profits. The traditional method uses accounting data to obtain a measure of gross price-average cost margins. The...
Persistent link: https://www.econbiz.de/10014400718
Do foreign-educated individuals play a role in promoting democracy in their home countries? Despite the large amount of private and public resources spent on foreign education, there is no systematic evidence that foreign-educated individuals foster democracy in their home countries. Using a...
Persistent link: https://www.econbiz.de/10014400353
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In this paper, we describe the changes of (early) retirement programs over time and study the link between trends in elderly labor force participation and youth unemployment. From a theoretical point of view, there is no convincing argument that the idea of a lump-of-labor should hold. Our...
Persistent link: https://www.econbiz.de/10014401757
Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within …-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on … short-run adjustment is over, there is less labor migration in Belgium than in the United States or Europe, corroborating …
Persistent link: https://www.econbiz.de/10014403668
In this paper we develop and test a model of a utility maximizing representative agent operating in the Belgium … is not rejected in some additional tests relating the Belgium-Luxembourg two-tier market: spread to some Belgian policy …
Persistent link: https://www.econbiz.de/10014395812
government’s recent labor market initiatives. The labor market in Belgium is found to suffer from a number of structural problems … Belgium will help to ameliorate some of the underlying problems but they are unlikely to completely address the underlying …
Persistent link: https://www.econbiz.de/10014396311
This paper reviews the financial implications of aging for the pension system in Belgium during 1995-2050. Our … countries. In Belgium, the problem is particularly acute in the pension system for civil servants. The impact of amending …
Persistent link: https://www.econbiz.de/10014396528
) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium …-national governments in Belgium, Italy, and Spain, while re-centralization of health sector expenditures was the cause of the decline in …
Persistent link: https://www.econbiz.de/10014396839