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Longevity, life-cycle behavior and pension reform
Haan, Peter; Prowse, Victoria - Volkswirtschaftliche Fakultät, … - 2012
public pension system to influence the decisions of forward-looking individuals planning for retirement. We calculate that … individuals' employment, retirement and consumption decisions. Our modeling approach allows life expectancy and the nature of the …, increasing the full pensionable age generates the largest responses in labor supply and retirement behavior. …
Persistent link: https://www.econbiz.de/10011112153
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Learning to Innovate vs. Learning to Manufacture: Towards an Alternative Technology Strategy
Tyabji, Nasir - Volkswirtschaftliche Fakultät, … - 2003
knowledge of “how to make better” (innovation) was inadequately appreciated in development planning in the country. …
Persistent link: https://www.econbiz.de/10011259873
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Democracy and Stock Market Performance in African Countries
Simplice A, Asongu - Volkswirtschaftliche Fakultät, … - 2012
Purpose – This paper assesses the incidence of political institutions on stock market performance dynamics in Africa. Design/methodology/approach – The estimation technique used is a Two-Stage-Least Squares Instrumental Variable methodology. Channels of democracy, polity and autocracy are...
Persistent link: https://www.econbiz.de/10011260105
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The Economics of Reindeer Herding: Saami Entrepreneurship between Cyclical Sustainability and the Powers of State and Oligopolies.
Reinert, Erik S. - Volkswirtschaftliche Fakultät, … - 2006
This paper attempts to explain the drastic fall in income experienced by Saami reindeer herders in Northern Norway between 1976 and 2000, in spite of increasing government subsidies. Saami herders maintain a legal monopoly as suppliers of reindeer meat, a traditional luxury product in Norway....
Persistent link: https://www.econbiz.de/10011260854
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Law, democracy and the quality of government in Africa
Simplice A, Asongu - Volkswirtschaftliche Fakultät, … - 2011
This paper examines the big questions of African comparative politics. It assesses the interaction of three crucial components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity and autocracy are instrumented with income-levels,...
Persistent link: https://www.econbiz.de/10009402041
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Democracy and stock market performance in developing countries
Simplice A, Asongu - Volkswirtschaftliche Fakultät, … - 2011
This is paper is a natural extension of Yang (2011) where-in democracy is not positively related to stock market development. We postulate that when moment conditions of stock market performance are accounted for, democracy improves financial markets in developing countries. Channels of...
Persistent link: https://www.econbiz.de/10009402072
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Government quality determinants of stock market performance in developing countries
Simplice A, Asongu - Volkswirtschaftliche Fakultät, … - 2011
How do government policies and institutions affect stock market performance? As stock markets grow broader and deeper in developing countries, the question becomes more critical. Government quality dynamics of corruption-control, government-effectiveness, political-stability or no violence,...
Persistent link: https://www.econbiz.de/10009402074
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The determinants of macroeconomic volatility: A Bayesian model averaging approach
Spiliopoulos, Leonidas - Volkswirtschaftliche Fakultät, … - 2010
Bayesian model averaging is applied to robustly ascertain the determinants of various output volatility measures, including the downside semideviation of growth rates. Financial sophis- tication variables are found to have qualitatively different effects on volatility. The ratio of govern- ment...
Persistent link: https://www.econbiz.de/10008727913
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Policies for Industrial Learning in China and Mexico: Neo-developmental vs. Neo-liberal approaches
Shafaeddin, Mehdi; Gallaher, Kevin - Volkswirtschaftliche Fakultät, … - 2008
Abstract Previous work has shown that the results of both China and Mexico’s export-led market reforms over the past quarter century have been strikingly different. In contrast to China, Mexico has not managed to increase the value added of its exports of manufactured goods and has...
Persistent link: https://www.econbiz.de/10005789306
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Экологически чистая электроэнергия
Amundsen, Eirik S. - Volkswirtschaftliche Fakultät, … - 2001
This paper deals with the promotion of green electricity (e.g. electricity based on water, wind, waves, solar, biomass) in electricity consumption. It considers various market mechanisms such as taxes, subsidies, CO2 quotas and green certificates.
Persistent link: https://www.econbiz.de/10005837416