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Addressing the legacy costs in an NDC reform: Conceptualization, measurement, financing

Holzmann, Robert; Jousten, Alain - 2010

The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be addressed in a reform that transforms an unfunded defined contribution (NDB) scheme into a notional (or non-financial) defined contribution (NDC) scheme. As the new contribution...

Persistent link: https://www.econbiz.de/10010278557

Labor mobility, social network effects, and innovative activity

Kaiser, Ulrich; Kongsted, Hans Christian; Rønde, Thomas - 2011

We study the mapping between labor mobility and industrial innovative activity for the population of R&D active Danish firms observed between 1999 and 2004. Our study documents a positive relationship between the number of workers who join a firm and the firm's innovative activity. This...

Persistent link: https://www.econbiz.de/10010278617

An empirical model of growth through product innovation

Lentz, Rasmus; Mortensen, Dale T. - 2005

through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution …

Persistent link: https://www.econbiz.de/10010267364

The nexus between labor diversity and firm's innovation

Parrotta, Pierpaolo; Pozzoli, Dario; Pytlikova, Mariola - 2012

In this paper we investigate the nexus between firm labor diversity and innovation using a linked employer …-employee data from Denmark. Specifically, exploiting information retrieved from this comprehensive database and implementing proper … and demographic characteristics to valuable firm's innovation activity. The latter is measured by: (1) the firm …

Persistent link: https://www.econbiz.de/10010289952

A Quantitative Investigation of the Laffer Curve on the Continued Work Tax : The French Case

Hairault, Jean-Olivier; Langot, François; Sopraseuth, … - 2005

It is often argued that the tax on continued work should be removed by implementing actuarially fair schemes. However, these schemes cannot help fund the expected Social Security deficit. This paper proposes to give individuals only a fraction of the marginal actuarially fair incentives in case...

Persistent link: https://www.econbiz.de/10010262214

Social security incentives, human capital investment and mobility of labor

Poutvaara, Panu - 2005

Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting...

Persistent link: https://www.econbiz.de/10010267335

Career progression and formal versus on-the-job training

Adda, Jérôme; Dustmann, Christian; Meghir, Costas; … - 2006

We develop a dynamic discrete choice model of training choice, employment and wage growth, allowing for job mobility, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We estimate this model on a large administrative panel data...

Persistent link: https://www.econbiz.de/10010268053

Retire later or work harder?

Bell, David N.F.; Hart, Robert A. - 2010

We compare two policies of increasing British state pension provision: (a) increase the pensionable age of men and women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons for policy makers to give serious consideration to the...

Persistent link: https://www.econbiz.de/10010269397

Deferred Compensation and Gift Exchange : An Experimental Investigation into Multi-Period Labor Markets

Wallace, Brian; Seltzer, Andrew J.; Huck, Steffen - 2004

This paper examines the relationship between firms? wage offers and workers? supply of effort using a three-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero, while third period productivity is zero and wages are...

Persistent link: https://www.econbiz.de/10010261943

Pension taxes versus early retirement rights

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

This paper deals with two policy approaches to address the problem of the ?pensions time bomb? by influencing private-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of whether early retirement penalties or late...

Persistent link: https://www.econbiz.de/10010265545

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