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One Pillar Crumbling, the Others too Short: Old-Age Provision in Germany
Werding, Martin - 2016
Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
Persistent link: https://www.econbiz.de/10011431337
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The experiences of those who take parental leave within the public sector and the policies that support them
Morrissey, Suzy; Williamson, Maria - 2018
This research highlights some recent experiences of public sector employees returning to work from parental leave and summarises the parental leave policies in place across the public sector. The employees were either on leave or had returned in the past 12 months and were employed by public...
Persistent link: https://www.econbiz.de/10012115399
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A decade of labour market reforms in the EU: Insights from the LABREF database
Turrini, Alessandro; Koltay, Gabor; Pierini, Fabiana; … - In: IZA Journal of Labor Policy 4 (2015), pp. 1-33
This paper analyses the main features and determinants of labour market reforms in the EU over the period of 2000 - 2011 using the European Commission LABREF database. The data suggests that the timing, focus, and geographical distribution of reforms reflect the interplay between economic shocks...
Persistent link: https://www.econbiz.de/10011606570
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A decade of labour market reforms in the EU: Insights from the LABREF database
Turrini, Alessandro; Koltay, Gabor; Pierini, Fabiana; … - 2014
level of regulation or fiscal burden on labour. Econometric evidence on the effects of selected reforms on aggregate labour …
Persistent link: https://www.econbiz.de/10010435629
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Who disapproves of TTIP? Multiple distrust in companies and political institutions
Pitlik, Hans - 2016
for attitude formation concerning economic regulation. We use data from a Eurobarometer Survey conducted in November 2014 …
Persistent link: https://www.econbiz.de/10011630392
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Crisis, structural reform and the dismantling of the European Social Model(s)
Hermann, Christoph - 2013
Following ECB-president Draghi's remark that the European Social Model does no longer exist and the crisis can only be overcome through a combination of austerity and structural reform, this paper examines the consequences of austerity measures and structural reforms adopted during the crisis in...
Persistent link: https://www.econbiz.de/10010322813
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Delegation of regulation
Kundu, Tapas; Nilssen, Tore - 2017
We develop a model to discuss a government's incentives to delegate to bureaucrats the regulation of an industry. The …-based regulation policy requires the government to make use of a bureaucracy; this has a bureaucratic cost, as the bureaucracy diverts … implications for when and how a government should delegate its regulation of industry. We find that bureaucratic discretion reduces …
Persistent link: https://www.econbiz.de/10012058690
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Delegation of Regulation
Kundu, Tapas; Nilssen, Tore - 2017
We develop a model to discuss a government’s incentives to delegate to bureaucrats the regulation of an industry. The …-based regulation policy requires the government to make use of a bureaucracy; this has a bureaucratic cost, as the bureaucracy diverts … implications for when and how a government should delegate its regulation of industry. We find that bureaucratic discretion reduces …
Persistent link: https://www.econbiz.de/10011744895
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Overconfidence, Monetary Policy Committees and Chairman Dominance
Claussen, Carl Andreas; Matsen, Egil; Røisland, Øistein; … - 2009
We suggest that overconfidence among policymakers explains why formal decision power over monetary policy is given to committees, while much of the real power to set policy remains with central bank chairmen. Overconfidence implies that the chairman underweights advice from his staff, increasing...
Persistent link: https://www.econbiz.de/10012143722
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Islamic Banking in European Union Countries: Challenges and Opportunities
Sadoveanu, Diana - In: CES Working Papers 3 (2011) 4, pp. 592-598
Islamic banking is a relative young industry, with a high rate of growth, which in the last years became a highly discussed subject, due to the challenges and opportunities that it brings. Due to the fact, that in the last decade, the Islamic banking made its presence in the European Union...
Persistent link: https://www.econbiz.de/10012016979