Showing 1 - 10 of 34
It is widely believed that wage and productivity profiles of individual workers do not coincide at all ages. We give an overview of the theories which provide a rationale for this, and discuss the empirical literature. Human capital theories typically imply that wages rise with tenure, so that...
Persistent link: https://www.econbiz.de/10008836363
In light of the ageing of the Dutch society, policy measures aim at increasing the participation rate of elderly workers, particularly in the age-group between 55 and 64. This paper develops a stylized numerical simulation model. This model describes consumption, savings and labour supply...
Persistent link: https://www.econbiz.de/10005052139
Persistent link: https://www.econbiz.de/10001791912
Persistent link: https://www.econbiz.de/10002768341
Persistent link: https://www.econbiz.de/10008759808
How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this question, a model of endogenous technological change is used where sustained growth stems from intentional investments in R&D from profit-maximizing firms. The uncertainty arises...
Persistent link: https://www.econbiz.de/10011326963
This paper examines the effects of taxation on long-run growthin a two-sector endogenous growth model with (i) physical capitalas an input in the education sector and (ii) leisure as anadditional argument in the utility function. The analysis of theeffects of taxation - including income...
Persistent link: https://www.econbiz.de/10011333258
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...
Persistent link: https://www.econbiz.de/10011343279
The European Commission, DG EMPL is undertaking the ex post evaluation of the European programme for Employment and Social Innovation (EaSI) and the final evaluation of the European Progress Microfinance Facility (EPMF), which this study feeds into. It assesses EaSI and the EPMF against the...
Persistent link: https://www.econbiz.de/10015280663
Persistent link: https://www.econbiz.de/10001689204