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economic crises, exposure to foreign competition, and government?s duration in office. Nonetheless, the latter set of factors …
Persistent link: https://www.econbiz.de/10012445029
economic crises, exposure to foreign competition, and government?s duration in office. Nonetheless, the latter set of factors …
Persistent link: https://www.econbiz.de/10005046036
. While a common view is that people should blame the government rather than the political system for bad crisis management …, an opposing view is that dissatisfaction with government performance may cause deeper dissatisfaction with democracy even … instrumental variable design. We find that dissatisfaction with the government, which is equally driven by economic and health …
Persistent link: https://www.econbiz.de/10012696423
Aging creates financial troubles for PAYG pension systems, since the share of retirees to workers increases. An often advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually be hindered by population aging. Using Swiss...
Persistent link: https://www.econbiz.de/10011931915
local government experience - are more likely to run in a contestable district. Indeed, despite being different on average …
Persistent link: https://www.econbiz.de/10010269346
We provide a long-term perspective on the individual retirement behaviour and on the future of retirement. In a Markovian political economic theoretical framework, in which incentives to retire early are embedded, we derive a political equilibrium with positive social security contribution rates...
Persistent link: https://www.econbiz.de/10010272717
We document the presence of a trade-off between unemployment benefits (UB) and employment protection legislation (EPL) in the provision of insurance against labour market risk. The mix of quantity restrictions and price regulations adopted by the various countries would seem to correspond to a...
Persistent link: https://www.econbiz.de/10010272720
We document the presence of a trade-off between unemployment benefits (UB) and employment protection legislation (EPL) in the provision of insurance against labor market risk. Different countries' locations along this trade-off represent stable, hard to modify, politico-economic equilibria. We...
Persistent link: https://www.econbiz.de/10010272727