One feature of recent pension reforms in OECD countries has been that more individual responsibility is transferred to employees and in particular to those approaching the end of their working life. Enlarged freedom of choice concerns the timing of retirement with corresponding consequences for...

Um die fiskalische Nachhaltigkeit der Politik bzw. einzelner Reformmaßnahmen zu messen, hat die Wirtschaftswissenschaft in den letzten Jahren mehrere Instrumente eingeführt. Hierzu zählt auch die Generationenbilanz, die Anfang der 1990er-Jahre in den USA entwickelt wurde. Der vorliegende...

The paper investigates the intertemporal spending behavior of Scandinavian local governments with particular attention to liquidity constraints imposed by balanced-budget-rules and other regulations. The main finding is that Danish local governments are more able to smooth current expenditures...

Many ocean fisheries are subject to a fundamental economic problem generally referred to as the common property problem. The common property problem manifests itself as excessive fishing fleets and fishing effort, depressed fish stocks and little or no profitability of the fishing activity,...

In this paper, we discuss the role of a diverse set of policies aimed at regulating the number and age structure of elections on the size and age structure of five European Academies of Sciences, namely the Austrian, Berlin-Brandenburg, Russian and Norwegian academies and the Royal Society. We...

In den 200 größten Unternehmen weltweit entfiel im Juni 2004 nur etwa ein Zehntel aller Sitze in den Aufsichtsräten (Boards) auf Frauen. Hierzu gehören 22 Unternehmen mit einem Frauenanteil von mindestens 25 % im Aufsichtsrat, darunter drei deutsche Unternehmen. Diese Positionierung geht...

We use matched firm-worker panel data from France and Norway to consider observationally equivalent alternatives to the hypothesis that firms share product market rents with their workers in the form of higher wages. After documenting the main stylized facts, we find that neither the main...

This study compares the structure and determinants of inter-industry wage differentials in Eastern and Western European countries (namely Belgium, Italy, the Netherlands, Norway, Portugal and Spain compared with Latvia, Lithuania, the Czech Republic, Poland and Slovakia). To do so, we use a...