This paper examines variation in old-age income inequality between industrialized nations with modern welfare systems. The analysis of income inequality across countries with different retirement income systems provides a perspective on public pension policy choices and designs and their...

Die moderne Biotechnologie ist eine wissensintensive Querschnitts technologie und hat große Wachstumspotentiale. Derzeit weist die Anwendung der Biotechnologie in der Pharmazeutischen Industrie und der Medizin (rote Biotechnologie) weltweit die größte Wachstumsdynamik auf. Deutschland ist...

Disability insurance - the insurance against the loss of the ability to work - is a substantial part of social security expenditures in many countries. The benefit recipiency rates in disability insurance vary strikingly across European countries and the US. This paper investigates the extent...

A number of distributions have been used to describe income distribution. This paper estimates eleven distributions (GB, GB1, GB2, B, B1, B2, GG, BR3, BR12, GA, and LN) using data from eight countries (Australia, Canada, Israel, Norway, Russia, Taiwan, United Kingdom, and the United States) for...

Using an innovative dataset for ICT use for five countries in Europe,we examine the impact and association of ICT on socio-economic exclusion.Using OLS regression we find significant wage premiums for PC and internet usage at the workplace.Following Dinardo/Fortin/Lemieux (1997),we examine the...

The paper summarizes the findings obtained during the first year of the Venture Fun project, carried out in an EU Network of Excellence PRIME and funded from the Sixth Framework Programme. The paper defines the central concepts of the project, identifies questions for further elaboration and...

We review research on the impact of immigration on income distribution. We discuss routes through which immigration can affect income distribution in the host and source countries, including compositional effects and effects on native incomes. Immigration may affect the composition of skills...

Research efforts towards new energy sources and towards the efficiency of energy use will be vital to reducing CO2 abatement costs in the long term. Can such efforts be induced by price instruments? Economists often cite induced technological change as a possible consequence of environmental...

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...

This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...