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According to Principal-Agent theory, states (the principal) delegate the implementation of a legalized agreement to an international organization (the agent). The conventional wisdom about states’ capacity to control international organizations is that differences among the member states...
Persistent link: https://www.econbiz.de/10010745088
pensions or on social assistance benefits. The recent pension reforms in a number of these countries have increased the … early retirement pensions). Such policy incentives will enable workers to avoid the phenomenon of a ‘cliff-edge’ fall into …
Persistent link: https://www.econbiz.de/10011126489
I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United States and Europe. The theoretical model brings together all three and emphasizes technological growth. Computations show that the very low unemployment in Europe in the 1960s was...
Persistent link: https://www.econbiz.de/10010746048
We study long-run trends in aggregate market hours of work and shifts across economic sectors within the context of balanced aggregate growth. We show that a model of many goods and uneven TFP growth in market and home production can rationalize the observed falling or U-shaped aggregate hours...
Persistent link: https://www.econbiz.de/10010928747
We study substitutions between home and market production over long periods of time. We use the results to get predictions about long-run trends in aggregate market hours of work and about employment shifts across economic sectors, driven by uneven TFP growth in market and home production. The...
Persistent link: https://www.econbiz.de/10010884523
Successive reforms enacted since the 1990s have dramatically changed Europe’s pensions landscape. This paper tries to … inadequate, particularly in Eastern European countries. Similarly while the generosity of minimum pensions appears to have either … impact of price indexation on the relative adequacy of state pensions is becoming even more substantial in view of the …
Persistent link: https://www.econbiz.de/10010746065
future development of state pensions, arguing that their combined effect is to restore something like a flat rate state … contribution records. This leaves a choice for the remaining sixth of National Insurance benefits: to separate out state pensions …
Persistent link: https://www.econbiz.de/10011125997
This article outlines the recommendations of the UK Pensions Commission, and the data and analysis on which they were … system. The Commission concluded that without reform, structural problems with UK pensions would lead to increasingly … have now largely been adopted by the UK government, imply eventual increases both in state spending on pensions as a share …
Persistent link: https://www.econbiz.de/10011126324
Each year, many pregnant women fast from dawn to sunset during the Islamic holy month of Ramadan. Medical theory suggests that this may have negative long-term health effects on their offspring. Building upon the work of Almond and Mazumder (2008), and using Indonesian crosssectional data, I...
Persistent link: https://www.econbiz.de/10010746478
During the period 1974-1999 the percentage of elderly living with their children in Greece reduced from 55 per cent to about 32 per cent. In this paper we examine determinants of the decrease in intergenerational co-residence among Greek elderly people and their adult children and its...
Persistent link: https://www.econbiz.de/10011125994