Showing 1 - 10 of 1,644
We use an overlapping generations model to study the challenge in developing countries with a large informal sector and aging population. We use Thailand as a case study and incorporate its labor market structure and its public pension system into the calibrated model. Unlike developed...
Persistent link: https://www.econbiz.de/10014513260
Higher fertility slowly increases the workers-to-retirees ratio over the long run, which can ease the pension financing …-productivity profiles and pension systems can explain the exception. Fertility-promoting policies will always ease the public finance …
Persistent link: https://www.econbiz.de/10012813390
This research studies the extent of asymmetric responses of general fertility rate with financial development and … distributed lag methodologies. Our study identifies a long run stable equilibrium among fertility rate, financial development and … income inequality under assumptions of symmetric and asymmetric relationships between fertility and each of the control …
Persistent link: https://www.econbiz.de/10013553635
This study is possibly the first to investigate the impact of carbon dioxide (CO2) emissions on life expectancy for 68 low- and middle-income countries for the 1990-2017 period. The analysis was carried out on a disaggregated basis on two dimensions: (1) the sources of CO2 emissions (i.e.,...
Persistent link: https://www.econbiz.de/10013553359
We explore the importance and nature of elderly couples' labor market interlinkages, and how such linkages shape the response to welfare reforms. To this end, we build a life cycle model with dual-earner households, featuring heterogeneous age gaps, non-separable leisure preferences, and...
Persistent link: https://www.econbiz.de/10015141893
This paper estimates the aggregate effects of government income transfers shocks for a sample of EU countries. I construct a new measure of transfers shocks based on a dataset by public finance experts of the European System of Central Banks (ESCB). The identification strategy consists of a...
Persistent link: https://www.econbiz.de/10014281318
This study quantifies the economic effects of two major immigration policies aimed at legalizing undocumented individuals that entered the United States as children and completed high school: Deferred Action for Childhood Arrivals (DACA) and the DREAM Act. The former offers only temporary legal...
Persistent link: https://www.econbiz.de/10012144889
We study the relationship between maternal education and children's well-being in four Pacific countries. We exploit the richness of the Multiple Indicator Clustering Survey (MICS) dataset to investigate this relationship and its underlying mechanisms. We find that the number of years of...
Persistent link: https://www.econbiz.de/10014290911
Faced with the need to adjust public pension systems to meet changing demographic, economic and social conditions, most developed countries have created government reserve funds to ensure macroeconomic sustainability. This paper aims to study the importance that this reserve fund plays in the...
Persistent link: https://www.econbiz.de/10013363083
This paper attempts to analyze the growth effects of social security expenditures in Germany from a time series perspective. Therefore, a regression model based on standard determinants of growth is specified and estimated as a vector error correction model. Results show that there is a...
Persistent link: https://www.econbiz.de/10013554913