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...

We propose to create a multi-pillar system by merging the public and private pension systems. In this system, part of the worker’s contribution goes to a “solidarity fund” and the remaining is accrued in his individual capitalization account. This fund will finance a targeted minimum...

This paper analyzes the relationship between unemployment and rape in a panel of European regions. In particular, this paper is intended to test whether an ‘opportunity perspective’ holds for rape. The ‘opportunity perspective’ interprets the level of unemployment as an indicator of...

This paper empirically analyzes the relationship between unemployment and rape in a panel of European regions. Results show that rape and unemployment are positively associated. Results are robust using alternative dependent variables, namely (i) the count of rape; (ii) the rape rate per 100,000...

Rising trends in obesity epidemic have become a serious issue for states and policymakers. Earlier studies in the medical literature have discussed the impacts of income and education levels on obesity prevalence to detect the importance of socioeconomic patterns. Recently, in the economic...

Rising trends in obesity epidemic have become a serious issue for states and policymakers. Earlier studies in the medical literature have discussed the impacts of income and education levels on obesity prevalence to detect the importance of socioeconomic patterns. Recently, in the economic...

The central purpose of this paper is to introduce a new political economy explanation to modern Social Security Systems. This approach is based on the Single-Mindedness Theory (SMT), which assumes that the more single-minded groups are able to exert a greater power of influence on Governments...

We show that the introduction of unfunded public pensions in a Cobb-Douglas economy with overlapping generations and endogenous fertility may cause complex economic cycles when individuals are short-sighted. In particular, the risk of cyclical instability increases with both the individual...

This paper investigates the steady state and dynamical effects of two historical alternatives as a means of old-age insurance – i.e., voluntary intra-family transfers from young to old members versus pay-as-you-go public pensions –, in a general equilibrium overlapping generations model with...

In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...