The current social security systems in Europe have not been able to deal with increased traditional and new risks such as unemployment or work-life balance. One suggested solution to this problem has gained more popular and academic support in recent years: the idea of a universal, unconditional...

This book integrates the fundamentals of quantitative significance, using existing estimates of the elasticities of demand for tax, health insurance, and medical services in a static microsimulation model. It serves as a guide to the financial and social basics of health insurance and provides...

Intro -- Contents -- Acknowledgments -- Introduction - Courtney Coile, Kevin Milligan, and David A. Wise -- 1. Disability Insurance Incentives and the Retirement Decision: Evidence from the United States - Courtney Coile -- 2. Effect of Pensions and Disability Benefits on Retirement in the...

Theory and evidence suggest that in an environment of well-anchored expectations, temporary news or shocks to economic variables, should not affect agents ́expectations of inflation in the long term. Our estimated structural VARs show that both long- and short-term inflation expectations are...