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poor. We test for the dynamics of vulnerablehouseholds in the UK using Waves 1 - 12 of the British Household Panel Survey … andfind that, of three different types of risks that we test for, household-specific shocksand economy-wide aggregate shocks … income stream. The estimates are foundto be robust to household composition and year-specific shocks.[...] …
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The debate on the Welfare State is mainly focused on a supposed trade-off between growthand equity, more precisely, on the sustainability of social programmes and their effects on individualincentives to work and save. In this paper we focus on the relation between Welfare State andaggregate...
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Wenn von Reformen der Gesellschaft oder demUmbau des Wohlfahrtsstaates die Rede ist, sindwirtschaftliche Zusammenhänge und soziale Veränderungsprozessenicht die alleinigen Faktoren,die in politischen Maßnahmen zu berücksichtigensind. Die Vorstellungen über die ideale Gesellschaft,die...
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This paper provides a framework with which to model one of the key links between universities andindustry – the undertaking of applied research. We assume that the fundamental objective of universities isto undertake fundamental research and that they receive public funding to do so....
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