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Understanding the labour market for older workers : a survey

Heywood, John S.; Siebert, William S. - 2009

The paper asks why retirement can be so abrupt in countries such as France (1/2% of the workforce over 65), yet staged … make little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find … reduce older workers' hiring opportunities especially where wages are rigid. -- Mandatory retirement ; deferred pay ; age …

Persistent link: https://www.econbiz.de/10003815950

Life expectancy, schooling, and lifetime labor supply : theory and evidence revisited

Cervellati, Matteo; Sunde, Uwe - 2013

This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...

Persistent link: https://www.econbiz.de/10009721323

Ethnic diversity and attitudes towards redistribution : a review of the literature

Stichnoth, Holger; Van der Straeten, Karine - 2009

We review the empirical literature that studies the effect of ethnic diversity on the welfare state and on individual attitudes. The outcome variables that we cover in the survey are on the one hand public spending, and on the other hand individual attitudes and behaviour, including charity...

Persistent link: https://www.econbiz.de/10003857714

A critique of the literature on the US financial debt crisis

Stein, Jerome L. - 2010

A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...

Persistent link: https://www.econbiz.de/10003936616

Sacrifice, discounting and climate policy : five questions

Karp, Larry S. - 2009

I offer a selective review of discounting and climate policy. Analytic and numerical models show that different assumptions greatly change the degree to which decisions about climate policy depend on the discount rate. I discuss a claim that standard models exaggerate the current generation's...