Using a field experiment in the Netherlands, we study the labor market and the budgetary effects of a more generous earnings exemption policy. The policy allowed claimants to keep more earnings for a longer time. In line with expectations, we find positive effects on employment, almost entirely...

The recent sharp increase in the prices of primary food commodities has raised serious concerns of policy makers on the role of index funds in these food markets. In this paper, we employ a dataset on trading positions of index fund investors from the US Commodity Futures Trading Commission...

While unconditional cash transfers have been studied extensively in developing countries, little is known about their effects in a wealthier context. Through a randomized controlled trial, we study the employment effects of a generous and unconditional transfer targeting low-income families in...

While unconditional cash transfers have been studied extensively in developing countries, little is known about their effects in a wealthier context. Through a randomized controlled trial, we study the employment effects of a generous and unconditional transfer targeting low-income families in...

While unconditional cash transfers have been studied extensively in developing countries, little is known about their effects in a wealthier context. Through a randomized controlled trial, we study the employment effects of a generous and unconditional transfer targeting low-income families in...

This paper investigates the fiscal pressure from demographic change in relation to the labor market space for fifty countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high. Apart from Turkey and India, developing countries rank low...

Demographic change across the globe puts pressure on labour markets and public finances. Most studies on ageing focus on the projected development of the old age dependency ratio, being the ratio of persons 65 or older relative to the working age population. This ratio gives a very incomplete...

Several attempts have been made in the economics literature to measure money laundering. However, the adequacy of these models is difficult to assess, as money laundering takes place secretly and, hence, goes unobserved. An exception is trade-based money laundering (TBML), a special form of...

What is the most plausible and feasible conception of compensatory justice (CJ)? What conditions are required to achieve it? The general assertion of this chapter is that the more favorable the conditions under which people can freely choose their labor market careers, the more scope there is...