international wage differentials and preferences for origin. We use a model of job search, savings and migration to show that job …

-migrant. Although migrants lose their original social networks whilst overseas, savings and human capital accumulation acquired abroad …

independently of workers? savings behaviour or the capitalists? weight in the social welfare function. The steady-state optimal tax …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …

competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first-best level of investment, both in the short run for a given number of …

Previous papers tested the validity of the Family Investment Hypothesis (FIH) among immigrants by comparing the labor … credit constraints are binding, then only married immigrants can cross-finance their investment within the family. In order …

income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch … households. The survey contains rich information on house-hold wealth, pension rights and savings attitudes. A result of the …

-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more …

situation can be closely monitored, but that it might be a very important complement when savings inhibit observing financial …