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We analyze the determinants of female labor market participation for different age-groups in the European Union. We show that female participation is positively affected by tertiary education at any age. But upper secondary education increases participation only up to an age of 40 while after...
Persistent link: https://www.econbiz.de/10010326035
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10010331423
This paper develops a theory in which households prepare for future education by adjusting the number of children they intend to raise. Income inequality lowers output per worker only if the inequality is attributed in some part to unexpected disturbances after childbirth.
Persistent link: https://www.econbiz.de/10010332195
This paper argues that currently advanced, aging economies experienced a qualitative change in the role of public education during the process of industrialization. In the early phases of the Industrial Revolution, public education was regarded as a duty that regulated child labor and thereby...
Persistent link: https://www.econbiz.de/10010332212
I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous … transfers. For the economy at large, high-fertility unskilled immigrants and a lowfertility indigenous population result in …
Persistent link: https://www.econbiz.de/10010335967
considers population growth rate and a directly related to fertility demographic indicator - total fertility rate. Using a panel … fertility. These findings suggest that the appreciation of the demographic effect of foreign aid can have important implications …
Persistent link: https://www.econbiz.de/10010335970
Men's additional income from their guest-worker employment generates a pure income effect, which increases fertility …. The timing of women's higher-wage employment relative to child bearing is crucial for its effect on fertility. If women … effect, which reduces fertility. In contrast, if the time period when women work abroad does not coincide with the period …
Persistent link: https://www.econbiz.de/10010335987
educational expenditures and decreases fertility among more affluent whites whose children flee. In contrast, among less …
Persistent link: https://www.econbiz.de/10010336029
multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility …
Persistent link: https://www.econbiz.de/10010336046
of less prosperous ethnic minorities raises fertility among the unskilled minority recipients, lowers fertility among the …
Persistent link: https://www.econbiz.de/10010336073