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of myopic individuals increases, there is less redistribution and more forced saving. Furthermore, as the number of …
Persistent link: https://www.econbiz.de/10003720340
participation and redistribution. …
Persistent link: https://www.econbiz.de/10011867915
Using a laboratory experiment, we present first evidence that stigmatization through public exposure causally reduces the take-up of an individually beneficial transfer. Our design exogenously varies the informativeness of the take-up decision by varying whether transfer eligibility is based on...
Persistent link: https://www.econbiz.de/10011663605
Persistent link: https://www.econbiz.de/10011506447
provinces, government redistribution, and consumer spending on fuel. We empirically confirm the model prediction that oil price … shocks are transmitted to housing markets in nonoil-producing regions by the government redistribution of oil revenue and by …
Persistent link: https://www.econbiz.de/10011840759
We provide evidence indicating that countries with well-developed social security systems do not necessarily face a trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in the competitiveness league. We investigate the...
Persistent link: https://www.econbiz.de/10011506440
Based on the observation of an unabated trend towards higher social spending ratios in advanced countries, the study analyzes the risk of "social dominance", where social expenditures dominate fiscal policy, and undermine growth and fiscal sustainability. We scrutinize this risk by analyzing...
Persistent link: https://www.econbiz.de/10011794723
How globalisation influences social expenditure has been examined for industrialized countries. Globalisation has often been shown to be positively associated with social expenditure in established industrialized countries, a finding that corroborates the compensation hypothesis. Scholars have...
Persistent link: https://www.econbiz.de/10011927944
Real local government spending in the United States has increased by 240% between 1972 and 2012, faster than can be explained by population growth (a 48% increase), growth in median household income (a 32% increase), or changes in other economic, demographic, and institutional variables...
Persistent link: https://www.econbiz.de/10011405131
This paper analyzes pension reforms in Europe and their determinants. As pension reforms are intrinsically difficult to define and pinpoint, we introduce an alternative measure of pension reforms by comparing long-term forecasts of pension expenditures for seventeen European countries. The...
Persistent link: https://www.econbiz.de/10003813619