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Longevity and Lifetime Labour Input: Data and Implications

Hazan, Moshe - C.E.P.R. Discussion Papers - 2006

mechanism is that the total labour input over a lifetime must increase as longevity does. Otherwise, the incentive to invest in …

Persistent link: https://www.econbiz.de/10005498180

Life Expectancy, Schooling, and Lifetime Labor Supply: Theory and Evidence Revisited

Cervellati, Matteo; Sunde, Uwe - C.E.P.R. Discussion Papers - 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/10011083332

Technical Progress and Early Retirement

Ahituv, Avner; Zeira, Joseph - C.E.P.R. Discussion Papers - 2000

This Paper claims that technical progress induces early retirement of older workers. It supports this claim both theoretically and empirically. We present a model where part of human capital is technology-specific, so that technical progress erodes some existing human capital. This affects...

Persistent link: https://www.econbiz.de/10005791260

Educational Inputs and Outcomes Before the Transition from Communism

Beirne, John; Campos, Nauro F - C.E.P.R. Discussion Papers - 2007

Conventional wisdom suggests that the stocks of human capital were one of the few positive legacies from communism. However, if factories under communism were so inefficient, why would the education system not have been? Using the education production function approach and new data on...

Persistent link: https://www.econbiz.de/10005666644

Life Expectancy and Schooling: New Insights from Cross-Country Data

Hazan, Moshe - C.E.P.R. Discussion Papers - 2011

I argue that distinguishing between life expectancy at birth and life expectancy beyond the crucial early childhood years affects the relationship between life expectancy and schooling in a meaningful way. In particular, I show that while the change in life expectancy at birth between 1960 and...

Persistent link: https://www.econbiz.de/10009246607

Hobbies, Skills and Incentives to Work: The Happy Gardener and the Wealthy Golfer

Sällström, Susanna - C.E.P.R. Discussion Papers - 2007

Two of the earliest inventions of a human capital-intensive technology were for the production of personal internal goods that enabled humans to derive more pleasure out of leisure, namely dance and music. I model the incentives to invent hobbies and to acquire hobby skills, and its implications...

Persistent link: https://www.econbiz.de/10005504741

Optimal Tax Progressivity: An Analytical Framework

Heathcote, Jonathan; Storesletten, Kjetil; Violante, … - C.E.P.R. Discussion Papers - 2014

What shapes the optimal degree of progressivity of the tax and transfer system? On the one hand, a progressive tax system can counteract inequality in initial conditions and substitute for imperfect private insurance against idiosyncratic earnings risk. At the same time, progressivity reduces...

Persistent link: https://www.econbiz.de/10011084652

Does Longevity Cause Growth?

Hazan, Moshe; Zoabi, Hosny - C.E.P.R. Discussion Papers - 2005

This article challenges conventional wisdom by arguing that greater longevity cannot explain the significant … accumulation of human capital during the transition from stagnation to growth. This is because greater longevity raises children …. This result is consistent with historical evidence that longevity began to increase long before education did. Our theory …

Persistent link: https://www.econbiz.de/10005666793

Taxes, Benefits, and Careers: Complete Versus Incomplete Markets

Ljungqvist, Lars; Sargent, Thomas J - C.E.P.R. Discussion Papers - 2007

An incomplete markets life-cycle model with indivisible labour makes career lengths and human capital accumulation respond to labour tax rates and government supplied non-employment benefits. We compare aggregate and individual outcomes in this individualistic incomplete markets model with those...

Persistent link: https://www.econbiz.de/10005656326

Economics and Terrorism: What We Know, What We Should Know and the Data We Need

Llussá, Fernanda; Tavares, José - C.E.P.R. Discussion Papers - 2007

In this paper we organize the literature on the economics of terrorism around seven different topics, offering a comprehensive view of the literature with a view to identifying questions that remain unanswered. The chosen topic areas are: The Measurement of Terrorist Activity, The Nature of...

Persistent link: https://www.econbiz.de/10005136621