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Economic growth and longevity risk with adverse selection
Heijdra, Ben J.; Reijnders, Laurie S. M. - In: De economist : Netherlands economic review ; quarterly … 161 (2013) 1, pp. 69-97
Persistent link: https://www.econbiz.de/10009725180
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Annuity market imperfection, retirement and economic growth
Heijdra, Ben J.; Mierau, Jochen O. - 2009
-independent wages and a constant mortality rate. In the first extension we study the implications for microeconomic decisions and … realistic mortality process. Our main findings are that the limited availability of annuities induces agents to retire early in … the first two models, but later in the model with age-dependent mortality. In all cases, the general equilibrium …
Persistent link: https://www.econbiz.de/10003871897
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Annuity Market Imperfection, Retirement and Economic Growth
Heijdra, Ben J. - 2009
-independent wages and a constant mortality rate. In the first extension we study the implications for microeconomic decisions and … realistic mortality process. Our main findings are that the limited availability of annuities induces agents to retire early in … the first two models, but later in the model with age-dependent mortality. In all cases, the general equilibrium …
Persistent link: https://www.econbiz.de/10013157843
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Human capital accumulation and the macroeconomy in an ageing society
Heijdra, Ben J.; Reijnders, Laurie S. M. - 2012
How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...
Persistent link: https://www.econbiz.de/10009689545
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The individual life-cycle, annuity market imperfections and economic growth
Heijdra, Ben J.; Mierau, Jochen O. - In: Journal of economic dynamics & control 36 (2012) 6, pp. 876-890
Persistent link: https://www.econbiz.de/10009573438
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Trade union objectives and economic growth
Irmen, Andreas; Wigger, Berthold U. - 2001
A trade union whose purpose is to raise wages above the competitive level may foster economic growth if it succeeds in shifting income away from the owners of capital to the workers and if the workers' marginal propensity to save exceeds the one of capitalists. We make this point in an...
Persistent link: https://www.econbiz.de/10011399719
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Optimal education with mobile capital : An OLG approach
Viaene, Jean-Marie; Zilcha, Itzhak - 2000
The paper considers a two-country model of overlapping generations economies with intergenerational transfers carried out in the form of bequest and investment in human capital. We examine in competitive equilibrium the optimal provision of education with and without capital markets integration....
Persistent link: https://www.econbiz.de/10009781565
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Growth and the ageing Joneses
Fisher, Walter H. (contributor); Heijdra, Ben J. (contributor) - 2008
and mortality rates increase it. In the second part of the paper we extend the model by incorporating a Pay …
Persistent link: https://www.econbiz.de/10003790968
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Growth and the ageing Joneses
Fisher, Walter H.; Heijdra, Ben J. - 2008
and mortality rates increase it. In the second part of the paper we extend the model by incorporating a Pay …
Persistent link: https://www.econbiz.de/10009735354
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Human capital investment and population dynamics
Vogel, Edgar-Csaba - 2010
Persistent link: https://www.econbiz.de/10003984521