differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction …

income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … households. The survey contains rich information on house-hold wealth, pension rights and savings attitudes. A result of the … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household …

international wage differentials and preferences for origin. We use a model of job search, savings and migration to show that job …

Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … results indicate that private pensions in the US crowd out less than $0.15 of household saving per dollar of pension wealth …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …

rural India across the entire welfare distribution. The paper establishes that the disadvantage suffered by two historically … the SC and the ST households must remain a focus of attention besides promoting a more active labor market in rural India. …

This paper examines changes in the wage structure in urban India during the past two decades (1983-2004) across the … increasing effects of tertiary education suggests that wage inequality in urban India may increase further in the near future as …

India is a country characterized by a huge informal sector. At the same time, it is a country where the extent of …

Son preference in countries like India results in higher female infant mortality rates and differentially lower access …

have larger incentives to save for old age than their husbands. This paper analyses the household members? attitudes … towards saving for old age, and the relation with the household saving and portfolio choice behaviour. Based on a panel of two …-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more …