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The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10010261654
The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10005761958
We examine how the gender of a sibling affects earnings, education and family formation. Identification is complicated by parental preferences: if parents prefer certain sex compositions over others, children's gender affects not only the outcomes of other children but also the very existence of...
Persistent link: https://www.econbiz.de/10011307341
We analyze the effect of income on mortality in Austria using administrative social security data. To tackle potential … estimations, IV regressions reveal a robust zero-effect of income on ten-year death rates for prime-age workers, both in terms of …
Persistent link: https://www.econbiz.de/10011307387
This paper considers a parametric model for the joint distribution of income and wealth. The model is used to analyze … income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence … parameter between the two variables and study whether accounting for wealth and income jointly reveals a different pattern of …
Persistent link: https://www.econbiz.de/10011307414
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … that there are substantial differences between the permanent and transitory income determinants - also in terms of the … direction of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according …
Persistent link: https://www.econbiz.de/10011307453
other countries. In this paper we study the labour market situation in terms of employment and income for those who have …
Persistent link: https://www.econbiz.de/10011345365
income seems also of minor importance, even though the estimated coefficients have the expected signs implied by substitution … and income effects. The overall results suggest that unfair wage perceptions, which are related to stress, negatively …
Persistent link: https://www.econbiz.de/10011345373
income attainment was, however, only weakly - and positively - affected by fetal influenza exposure. We therefore conclude …
Persistent link: https://www.econbiz.de/10011345388
The last decade has seen a resurgence of parastatal crop marketing institutions in sub-Saharan Africa, many of which cite improving food security and incomes as key goals. However, there is limited empirical evidence on the welfare effects of these programs. This article considers one such...
Persistent link: https://www.econbiz.de/10011401632