This paper describes and empirically tests a number of candidate measures of cumulative deprivation to monitor child well-being in the EU.The authors posit that the ideal measure should be sensitive to changes in the depth of cumulative deprivation and, given its broad use in the policy...

Recent years have witnessed widespread acknowledgement in both academic and policy circles that children deserve a special focus in poverty measurement. It is now generally accepted that children have different basic needs from adults and are harder hit, both in the short- and long-term, when...

Immigrant access to social protection in the Netherlands has changed quite markedly over time. This paper discusses the changes from an historical perspective and introduces a theoretical framework (the Welfare Pentagon) explaining how immigrants cope with (economic) hardship when they do not...

This paper argues that although current public pension schemes may shift the major financial burden to future generations, private and public transfers of wealth across generations offset this development. As a result the financing of existing social security and pension arrangements seems to...

Emotions are largely absent in economic models. However, many theories still cease to explain the actual situations. We combine regular microeconomic theory with emotions. We will focus on an FDI decision of a firm, including both business-economics and emotional variables in the firms...

This paper stresses the special role of multinational headquarters in corporate profit shifting strategies. Using a large panel of European firms, we show that multinational enterprises (MNEs) are reluctant to shift profits away from their headquarters even if these are located in high-tax...

This paper evaluates the predictions of different price setting theories using a new dataset constructed from a large panel of business surveys of German retail firms over the period 1970-2010. The dataset contains firm-specific information on both price realizations and expectations....

Wage formation is often analyzed by assuming that wage differentials reflect productivity differentials intrinsic to the workers, like differences in skill or qualification. Observed industry and firm effects on wages suggests, however, that wage differentials may result from causes rather...

This paper develops a theory of stagflation, based on turnover-efficiency-wage theory. In these theories, wages are forward-looking, i.e., set to keep incumbents with the firm. The employed workers apply for better jobs and compete with unemployed applicants. An employed applicant is, however,...

The analysis of multivariate dynamical models can sometimes be considerably simplified by the assumption that one or several variables move infinitely fast to their equilibrium values. The method is known as the ‘moving equilibrium method’. Various dynamical theories that build on...