Underfunding of defined benefit (DB) pension schemes is prevalent throughout the Western world, and no more so than Ireland. This paper examines underfunding of DB schemes and discusses alternative ways of overcoming this problem. It critically reviews alternative government sponsored insurance...

This study develops a multi-factor framework where not only market risk is considered but also potential changes in the investment opportunity set. Although previous studies find no clear evidence about a positive and significant relation between return and risk, favourable evidence can be...

Steep socio-economic gradients in family size were a major source of disparities for children in the early 20th century and prompted much social research and public commentary. By the 1960s, a scholarly consensus was emerging that SES differentials in women’s fertility in western countries...

Many authors have proposed incorporating measures of well-being into evaluations of public policy. Yet few evaluations use experimental design or examine multiple aspects of well-being, thus the causal impact of public policies on well-being is largely unknown. In this paper we examine the...

This paper examines the relationship between maternal employment, childcare during infancy and the overweight status of pre-school children. Using data from the Infant Cohort of the Growing-Up in Ireland Survey, propensity score matching addresses the issue of potential selection bias, quantile...

This study evaluates the effectiveness of geographic diversification in reducing housing investment risk. To characterize diversification potential, we estimate spatial correlation and integration among 401 US metropolitan housing markets. The 2000s boom brought a marked uptrend in housing...

In this paper we explore the patterns of the division of inter-vivos financial transfers from parents to adult children in a sample of 12 European countries. We exploit two waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) for 50+. Contrary to previous studies, we find a...

This paper provides among the first rigorous estimates of the labor-market returns to community college certificates and diplomas, as well as estimating the returns to the more commonly-studied associate’s degrees. Using administrative data from Kentucky, we estimate panel-data models that...

In many settings, the variable of interest is a proportion with high concentration of data at the boundaries. This paper proposes a regression model for a fractional variable with nontrivial probability masses at the extremes. In particular, the dependent variable is assumed to be a mixed random...

Previous research shows that immigrants, in common with other groups that suffer disadvantage in the labour market, are more vulnerable during recession (Hoynes et al., 2012; McGinnity et al., 2013; Sierminska and Takhtamanova, 2010). However, little research has focused on the impact of the Great...