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This study examines Social Security claiming behavior, which has important implications for older Americans and for the system itself. Retirees may begin collecting benefits as early as age 62, but early claimants receive lower monthly benefits for the rest of their lives. Our data come from...
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Conventional wisdom states that the statutory split of payroll taxation between firms and workers is of no macroeconomic relevance, because the tax incidence is fully determined by the market structure. This paper breaks with this view by establishing a theoretical link between the statutory...
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und das Kreditvolumen in Deutschland, Großbritannien, Japan und den Vereinigten Staaten gesucht. Zusätzlich werden … und das Kreditvolumen in Deutschland, Großbritannien, Japan und den Vereinigten Staaten gesucht. Zusätzlich werden …
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The integration of China into the global economy is one of the most spectacular events in economic history. This paper … to explore interdependencies between business cycles in China and industrial countries, including the US, the euro area … and Japan. For robustness, the results are compared to those obtained from leading structural models, such as NiGEM and …
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