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own interpretation of the lessons to be learned. In particular, they focus on six key issues: (i) deposit insurance, (ii … from the three failures focus on the design of deposit insurance, the need for an institutional architecture that reduces … in line with the contribution of Eisenbeis and Kaufman, she stresses the problems linked to deposit insurance …
Persistent link: https://www.econbiz.de/10004982519
determine local wages and unemployment; when mobility between regions is obstructed by rent subsidies and controls, unemployment … regions wages respond predominantly). The hypothesis is tested on United Kingdom regional unemployment data from 1963 to 1979 … and wage differentials arise. Because unemployment benefits set a floor beneath the supply price of labor, as these …
Persistent link: https://www.econbiz.de/10005791648
The relationship between unemployment and the rate of change of money wages in interwar Britain is re-examined. It is …-term unemployment did not act as a restraint on the growth of money wages. New estimates of the wage equation imply that the NAIRU rose … level of excess demand associated with the measured unemployment rate. In particular, the evidence suggests that long …
Persistent link: https://www.econbiz.de/10005067347
In order to alleviate part of this double taxation of distributed profits the classical system was replaced in 1973 by the "imputation system". This new system of taxation gives shareholders tax credits for tax paid by the corporation. These tax credits may be used by shareholders to offset...
Persistent link: https://www.econbiz.de/10005688081
incidence of inappropriate sales of payment protection insurance (PPI) by banks in particular came under intensive scrutiny from …
Persistent link: https://www.econbiz.de/10009391958
and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …
Persistent link: https://www.econbiz.de/10005703033
This paper analyses the UK market for Defined Benefit (DB) pension buyouts and considers its implications for the USA. A DB pension fund buyout refers to a transaction in which a pension plan sponsor pays another company a fee to take over the assets and liabilities of the pension plan. Using...
Persistent link: https://www.econbiz.de/10008755721
This article is a comparative analysis of the sources of income inequality in four countries, namely Japan, South Korea, Taiwan and the United Kingdom. It relies upon decompositions of inequality measures by population groups and income sources (except for Japan because of data limitations)....
Persistent link: https://www.econbiz.de/10009201209
This article is a comparative analysis of the sources of income inequality in four countries, namely Japan, South Korea, Taiwan and the United Kingdom. It relies upon decompositions of inequality measures by population groups and income sources (except for Japan because of data limitations)....
Persistent link: https://www.econbiz.de/10011126601
UK. changes in perceived job security are a factor in determining the change in wages. …
Persistent link: https://www.econbiz.de/10008636391