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Optimal health and retirement policies amid population aging

Hostenkamp, Gisela (contributor); … - 2008

This paper develops a simple analytical framework in which optimal health and retirement policies amid population aging … timing of retirement, the size of lifecycle labour income and pension payments and investments in health that individuals … the traditionally separate areas of health and retirement policy can be coordinated to achieve dynamic efficiency. Under …

Persistent link: https://www.econbiz.de/10003722614

The health gradient and early retirement : evidence from the German Socio-economic Panel

Hostenkamp, Gisela (contributor); … - 2006

individual retirement behavior, using data from the German Socio-economic Panel (GSOEP). We first estimate agegroup … predictions of the long-term impact of policies affecting the health gradient on workers' timing of retirement amid population …

Persistent link: https://www.econbiz.de/10003403467

Old Europe's social model : a reason of low growth? ; The case of Germany

Siebert, Horst (contributor) - 2006

This paper discusses the goal conflict between social protection and economic growth as well as employment. Taking the German economy as an example for the large continental economies of Old Europe, it analyzes twenty mechanisms that affect the fundamentals of the economy negatively and imply...

Persistent link: https://www.econbiz.de/10003367977

Whole versus shared ownership of foreign affiliates

Raff, Horst (contributor); Ryan, Michael (contributor); … - 2008

This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...

Persistent link: https://www.econbiz.de/10003726051

Are they really rational? : Assessing professional macro-economic forecasts from the G7-countries

Dovern, Jonas (contributor); Weisser, Johannes (contributor) - 2008

In this paper, we use survey data to analyze the rationality of professional macroeconomic forecasts. We analyze both individual forecasts and average forecasts. We provide evidence on the properties of forecasts for all the G7-counties and four different macroeconomic variables. Furthermore, we...

Persistent link: https://www.econbiz.de/10003756515

Organizational forms for global engagement of firms

Bogheas, Sprios (contributor); Görg, Holger (contributor) - 2008

do more than one of those activities. In our estimation we consider the relationship between productivity all the choice …

Persistent link: https://www.econbiz.de/10003757573

Keeping a low profile : what determines the allocation of aid by non-governmental organizations?

Koch, Dirk-Jan; Dreher, Axel; Nunnenkamp, Peter; … - 2008

NGOs play an important role in international development cooperation, but the allocation of NGO aid has rarely been mapped, let alone explained. Based on a representative dataset for 61 important NGOs from various OECD countries, we analyze the targeting of NGO aid across a large number of...

Persistent link: https://www.econbiz.de/10003650826

The democratic transition : a study of the causality between income and the Gastil democracy index

Paldam, Martin (contributor); Gundlach, Erich (contributor) - 2008

The paper considers the transformation of the political system as countries pass through the Grand Transition from a poor developing country to a wealthy developed country. In the process most countries change from an authoritarian to a democratic political system. This is shown by using the...

Persistent link: https://www.econbiz.de/10003764598

Sentiment dynamics and stock returns : the case of the German stock market

Lux, Thomas (contributor) - 2008

We use weekly survey data on short-term and medium-term sentiment of German investors in order to study the causal relationship between investors' mood and subsequent stock price changes. In contrast to extant literature for other countries, a tri-variate vector autoregression for short-run...

Persistent link: https://www.econbiz.de/10003785005

Firm heterogeneity and choice of ownership structure : an empirical analysis of German FDI in India

Görg, Holger; Lauber, Verena; Meyer, Birgit; … - 2008

We contribute to the nascent literature on the heterogeneity of multinational enterprises (MNEs) and the relevance of firm characteristics for analyzing the determinants of outward foreign direct investment (FDI). The focus is on the role of firm-level heterogeneity when MNEs decide on the share...

Persistent link: https://www.econbiz.de/10003772206

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