Showing 1 - 10 of 1,217
In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...
Persistent link: https://www.econbiz.de/10015221948
Africa is today the most important part of the Francophonie. French is an official or co-official language along with other languages in 21 African countries, all in sub-Saharan Africa (SSA). Since the end of colonialism and Cold War politics, changes in the Francophonie have been driven largely...
Persistent link: https://www.econbiz.de/10015269090
Abstract: This article discusses studies and past research with considerable impact on political and economist views about the Minimum Wage policy. The article evaluates studies and conclusions to derive that the minimum wage must be implemented at a greater scale to combat income inequality.
Persistent link: https://www.econbiz.de/10015256888
The demographic database of Eurostat and of Us Census of Bureau are explored and the main facts are extracted and described. This paper is completely self-standing but is also part of a more general analysis dedicated to the functioning and sustainability of pay-as-you-go to finance the welfare...
Persistent link: https://www.econbiz.de/10015239465
The circular interplay between demography-employment-productivity-PayGo is investigated for Europe and Us. Looking … standing but, at the same time, it is part of the wider project "Present and Future of PayGo in Italy, Europe and Us". It …
Persistent link: https://www.econbiz.de/10015239482
created in purpose to investigate the effects of population ageing on the sustainability of public finances across Europe …, Europe and Us". All chapters will be collected in a book by Nicola C. Salerno. …
Persistent link: https://www.econbiz.de/10015239536
DURING THE PAST half century, retirement income security in the United States has been based on a combination of social security, employer sponsored pensions, and households’ own saving. Social security was intended to provide a retirement income base. Pensions generated additional retirement...
Persistent link: https://www.econbiz.de/10015242824
This paper studies children as a risky asset associated to an investment option. Children provide utility but have a stochastic maintenance cost. We obtain several new results relative to models where children are deterministic goods, among which: i) Higher child risks diminish fertility and...
Persistent link: https://www.econbiz.de/10015228910
two decades. The demographic transition – to fewer babies and longer lives – took a century in Europe and North America … relatively low. Secondly, withdrawal of savings before retirement is very common. Thirdly, pension savings are often taken as … repeating many of the mistakes made in Europe and North America. But it will soon be too late. …
Persistent link: https://www.econbiz.de/10015230217
What matters to economic decision-making is whether the economy has become more or less predictable. People and businesses use information around them to form judgements about what might happen in the future. The rise in uncertainty might be associated with increased concern about extreme...
Persistent link: https://www.econbiz.de/10015264417