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Perotti, Enrico C; Schwienbacher, Armin - C.E.P.R. Discussion Papers - 2007

The paper seeks to explain the huge cross country variation in private pension funding, shaped by historical choice … made when universal pension systems were created after the Great Depression. According to Perotti and von Thadden (2006 … Reversals documented by Rajan and Zingales (2003). Wealth distribution shocks are indeed strongly related to private pension …

Persistent link: https://www.econbiz.de/10005504507

Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

be constrained to those of the balanced-budget variety: total (economy-wide) taxes on each of the welfare accounts would …

Persistent link: https://www.econbiz.de/10005661484

The Political Economy of Bank and Equity Dominance

Perotti, Enrico C; von Thadden, Ernst-Ludwig - C.E.P.R. Discussion Papers - 2003

Legislation affects corporate governance and the return to human and financial capital. We allow the preference of a political majority to determine both the governance structure and the extent of labour rents. In a society where median voters have relatively more at stake in the form of human...

Persistent link: https://www.econbiz.de/10005667054

The Impact Of Active Labour Market Policies And Benefit Entitlement Rules On The Duration Of Unemployment

Lalive, Rafael; Ours, Jan C van; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2000

We evaluate the effect of active labour market programs on the duration of unemployment in a reward or punish system. In Switzerland, unemployment benefits are conditional upon program attendance after 7 months of unemployment duration. In the evaluation we allow for selectivity affecting the...

Persistent link: https://www.econbiz.de/10005504444

Immigrant Participation in Social Assistance Programs: Evidence from German Guestworkers

Riphahn, Regina - C.E.P.R. Discussion Papers - 1999

The share of immigrants in the German social assistance program exceeds their population share and continues to grow. This study evaluates the causes of this phenomenon and tests for the effects of assimilation, cohort, age at migration, and country of origin on immigrant behaviour. It uses...

Persistent link: https://www.econbiz.de/10005497774

Living Standards and Incentives in Transition: the Implications of Unemployment Insurance Exhaustion in Hungary

Micklewright, John; Nagy, Gyula - C.E.P.R. Discussion Papers - 1999

The single most likely way to leave the unemployment insurance (UI) register in Hungary is not by getting a job but by exhausting entitlement to benefit. Two questions follow. First, what are the implications of the cessation of UI for living standards? Second, does UI exhaustion have much...

Persistent link: https://www.econbiz.de/10005497937

Political Connections and Social Networks in Targeted Transfer Programs: Evidence from Rural Ethiopia

Caeyers, Bet; Dercon, Stefan - C.E.P.R. Discussion Papers - 2012

Despite increasingly large scale social protection programs in Africa, we have limited evidence on the local political economy of their allocation. We investigate community-based processes for food aid allocation and the role of political and social networks, using the case of Ethiopia in the...

Persistent link: https://www.econbiz.de/10011083317

Do Cash Transfers Improve Birth Outcomes? Evidence from Matched Vital Statistics, Social Security and Program Data

Amarante, Veronica; Manacorda, Marco; Miguel, Edward; … - C.E.P.R. Discussion Papers - 2012

There is limited empirical evidence on whether unrestricted cash social assistance to poor pregnant women improves children’s birth outcomes. Using program administrative micro-data matched to longitudinal vital statistics on the universe of births in Uruguay, we estimate that participation in...

Persistent link: https://www.econbiz.de/10011083503

Politically Sustainable Probabilistic Minority Targeting

De Donder, Philippe; Peluso, Eugenio - C.E.P.R. Discussion Papers - 2014

We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...

Persistent link: https://www.econbiz.de/10011083515

Can Pro-Marriage Policies Work? An Analysis of Marginal Marriages

Frimmel, Wolfgang; Halla, Martin; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2012

Policies to promote marriage are controversial, and it is unclear whether they are successful. To analyze such policies, it is essential to distinguish between a marriage that is created by a marriage-promoting policy (marginal marriage) and a marriage that would have been formed even in the...

Persistent link: https://www.econbiz.de/10011083541