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In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most simple and fundamental question remains unanswered: how large is the African private sector? We present novel estimates of the size of the private sector in 50 African...
Persistent link: https://www.econbiz.de/10010282595
This paper focuses on the euro area wage structure and its potential determinants from a sectoral viewpoint. Merging information from the OECD Structural Analysis database with data from the EU Labour Force Survey, we construct a cross-country panel of 22 industries in 8 euro area countries for...
Persistent link: https://www.econbiz.de/10010269057
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …
Persistent link: https://www.econbiz.de/10010277963
combining household survey with administrative tax microdata and adjusting to match National Accounts aggregates. From these … to traditional household survey-based estimates of inequality. Moreover, we exploit the richness of our unique microdata …
Persistent link: https://www.econbiz.de/10013470414
In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most simple and fundamental question remains unanswered: how large is the African private sector? We present novel estimates of the size of the private sector in 50 African...
Persistent link: https://www.econbiz.de/10009416934
The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10010261654
Many workers reveal a preference for a gradual reduction in work hours as they approach retirement (?phased retirement?), rather than a sudden change from full-time work to full-time retirement. Pension regulations may impede phased retirement without a switch of employers by prohibiting access...
Persistent link: https://www.econbiz.de/10010262090
This paper addresses the questions of what is an economically efficient pension system, what are the externalities and what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non-financial defined contribution (NDC), financial defined benefit...
Persistent link: https://www.econbiz.de/10010262119
Das durchschnittliche Rentenzugangsalter in Deutschland liegt erheblich unter der gesetzlichen Regelaltersgrenze. Dieser Beitrag analysiert die arbeitsmarkt- und rentenpolitischen Ursachen der massiven Frühverrentung. Aufbauend auf einem Überblick über ökonomische Konzepte der...
Persistent link: https://www.econbiz.de/10010262235
income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … households. The survey contains rich information on house-hold wealth, pension rights and savings attitudes. A result of the … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household …
Persistent link: https://www.econbiz.de/10010262338