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The political economy of public investment when population is aging : a panel cointegration analysis

Jäger, Philipp; Schmidt, Torsten - 2015

aging on public investment. Moreover, the estimation of an error correction model reveals long-run Granger causality running … exclusively from aging to investment. Our results are robust to the inclusion of additional control variables typically considered …

Persistent link: https://www.econbiz.de/10010519083

Pension incentives and labor supply : evidence from the introduction of universal old-age assistance in the UK

Giesecke, Matthias; Jäger, Philipp - 2020

In dieser Studie untersuchen wir wie das Arbeitsangebot und die gesellschaftliche Wohlfahrt auf die Einführung einer …

Persistent link: https://www.econbiz.de/10012206620

Can pensions save lives? : evidence from the introduction of old-age assistance in the UK

Jäger, Philipp - 2023

I study the impact of old-age assistance on mortality using the introduction of public pensions in the UK in 1909 as a quasi-natural experiment. Exploiting the newly created pension eligibility age through a difference-in-difference as well as an event-time design, I show that elderly mortality...

Persistent link: https://www.econbiz.de/10014235352

Monopsonistic competition, low-wage labour markets, and minimum wages : an empirical analysis

Bachmann, Ronald; Frings, Hanna - 2015

This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...

Persistent link: https://www.econbiz.de/10011408479

Labour market polarisation, job tasks and monopsony power

Bachmann, Ronald; Demir, Gökay; Frings, Hanna - 2020

Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have changed over the last 30 years. We find that workers...

Persistent link: https://www.econbiz.de/10012405643

Bismarck in the bedroom? : pension reform and fertility : evidence 1870-2010

Jäger, Philipp - 2017

Rising public pension generosity has frequently been cited as one reason for the (persistently) declining fertility rates in many advanced economies. Despite the theoretical appeal, empirical evidence on the pension-fertility nexus is limited. To fill this gap, I study country-level fertility...

Persistent link: https://www.econbiz.de/10011608047

Aging and real estate prices in Germany

Breidenbach, Philipp; Jäger, Philipp; Taruttis, Lisa - 2022

robust empirical evidence that population aging depresses real estate prices and rents. Using millions of individual real … have been up to 12% higher, if the population age distribution had been the same as in 2008. We show that population aging … demand for living space and live-cycle dissaving are driving our results. We predict that population aging will continue to …

Persistent link: https://www.econbiz.de/10013415857

The intensive and extensive margin of European labour supply

Frings, Hanna; Schaffner, Sandra - 2011

Das Arbeitsangebot wird grundsätzlich durch zwei Faktoren bestimmt: Die Partizipation am Arbeitsmarkt (extensives … Arbeitsangebot) und die Anzahl der gearbeiteten Stunden der Beschäftigten (intensives Arbeitsangebot). Auf Basis der … gesamte Arbeitsangebot ist. Die Ergebnisse deuten auf signifikante Unterschiede im Arbeitsangebot zwischen den Ländern hin …

Persistent link: https://www.econbiz.de/10009581047

High-impact minimum wages and heterogeneous regions

Vom Berge, Philipp; Frings, Hanna; Paloyo, Alfredo R. - 2013

We estimate the effects on wage and employment growth rates of the introduction and subsequent increases of a substantial minimum wage in the main construction industry of Germany. Using a regional dataset constructed from individual employment histories, we exploit the spatial dimension and...

Persistent link: https://www.econbiz.de/10009722416

EU structural funds and regional income convergence : a sobering experience

Breidenbach, Philipp; Mitze, Timo; Schmidt, Christoph M. - 2016

The European Structural and Investment Funds (ESIF) are the prime instrument of EU regional policy. European policy makers place considerable hope into their growth stimulating funding measures to overcome current economic stagnation. Consequently, there is a strong need for credible evidence...

Persistent link: https://www.econbiz.de/10011440788