The paper advocates for a new measure of the ethnic identity of migrants, models itsdeterminants and explores its explanatory power for various types of their economicperformance...

With globalization, the size of migration and the value of ethnicity is rising. Also Cyprusundergoes a strong process of change while experiencing large inflows of migration. Thepaper investigates the challenges and the potentials of migration from a European Unionperspective...

This paper introduces endogenous longevity risk in an otherwisestandard overlapping generations model with capital. In the model, an agent mayincrease the length of her old age by incurring investments in her own health fundedfrom her wage income. Such private health investments are more...

This paper presents a twoequationmodel of joint outcomes on an individual’sdecision to binge drink and on his/her annual labor market earnings. The primary data source isthe 1979 cohort of the National Longitudinal Survey of Youth (NLSY79), 19791994.We showthat binge drinking behavior is quite...

This paper uses an overlapping generations model with international labor mobility and apolitically responsive fiscal policy to examine aging in developed and developing regions.Migrant workers change the political structure composed of young and elderly voters in bothlabor-receiving and...

Die Einführung eines jeden auf dem Umlageverfahren basierenden Systems verursacht– bei unterstellter Alterung der Bevölkerung – eine intergenerative Umverteilungzu Gunsten der ersten Generationen und zu Lasten üungerer und nachwachsenderGenerationen. Am Beispiel der Einf¨uhrung der...

Presuming an ageing population, every introduction of a pay-as-you-go schemecauses intergenerational redistribution in favor of the first generations and to theburden of young and future generations. Using the concept of internal rates ofreturn we want to examine the extent to which the first...

We use panel data from the US Health and Retirement Study 1992-2002 to estimate theeffect of self-assessed health limitations on active labor market participation of men aroundretirement age. Self-assessments of health and functioning typically introduce anendogeneity bias when studying the...