What accounts for the striking decline in labor force participation at increasingly younger ages? Social Security and Retirement around the World examines one explanation: social security programs actually provide incentives for early retirement. This volume houses a set of remarkable papers that present information on the social security systems, and labor force participation patterns, in Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom, and the United States. "This book is highly recommended for the serious student of retirement age...
What accounts for the striking decline in labor force participation at increasingly younger ages? Social Security and Retirement around the World exam...
Every day young people engage in risky behaviours that affect not only their immediate well-being but their long-term health and safety. These essays apply diverse economic analyses to a wide range of unsafe activities, including teen drinking, drug use, unprotected sex, and criminal activity.
Every day young people engage in risky behaviours that affect not only their immediate well-being but their long-term health and safety. These essays ...
"Mergers and Productivity" offers probing analyses of high-profile mergers in a variety of industries. Focusing on specific acquisitions, it illustrates the remarkable range of contingencies involved in any merger attempt. The authors clearly establish each merger's presumed objectives and the potential costs and benefits of the acquisition, and place it within the context of the broader industry. Striking conclusions that emerge from these case studies are that merger and acquisition activities were associated with technological or regulatory shocks, and that a merger's success or failure...
"Mergers and Productivity" offers probing analyses of high-profile mergers in a variety of industries. Focusing on specific acquisitions, it illustrat...
Since banking systems play a crucial role in maintaining the overall health of the economy, the adverse effects of poorly supervised systems may be quite severe. Without some form of vigilant external oversight, banking systems could fall prey to excessive risk taking, moral hazard, and corruption. Prudential supervision provides that oversight, using government regulation and monitoring to ensure the soundness of the banking system and, by extension, the economy at large. The contributors to this thoughtful volume examine the current state of prudential supervision, focusing on...
Since banking systems play a crucial role in maintaining the overall health of the economy, the adverse effects of poorly supervised systems may be qu...
Standard economic models assume that many small investors own firms. This is so in most large U.S. firms, but wealthy individuals or families generally hold controlling blocks in smaller U.S. firms and in all firms in most other countries. Given this, the lack of theoretical and empirical work on tightly held firms is surprising. What corporate governance problems arise in tightly held firms? How do these differ from corporate governance problems in widely held firms? How do control blocks arise and how are they maintained? How does concentrated ownership affect economic growth? How...
Standard economic models assume that many small investors own firms. This is so in most large U.S. firms, but wealthy individuals or families generall...
The population base in both the United States and Japan is growing older and, as those populations age, they provoke heretofore unexamined economic consequences. This cutting-edge, comparative volume, the third in the joint series offered by the National Bureau of Economic Research and the Japan Center for Economic Research, explores those consequences, drawing specific attention to four key areas: incentives for early retirement; savings, wealth, and asset allocation over the life cycle; health care and health care reform; and population projections. Given the undeniable global...
The population base in both the United States and Japan is growing older and, as those populations age, they provoke heretofore unexamined economic co...
While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention. This volume offers new theoretical and empirical contributions to fundamental questions relating to the economics of innovation and technological change while revisiting the findings of a classic book. Central to the development of new technologies are institutional environments, and among the topics discussed here are the roles played by universities and other nonprofit research institutions and the ways in which the allocation of funds...
While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention....
One of the most well-established relationships in the economics of aging is that between health and wealth. Yet this relationship is also changing in conjunction with a rapidly aging population as well as a broad evolution in how people live later in life. Building on findings from earlier editions in this National Bureau of Economic Research series, "Investigations in the Economics of Aging" focuses on the changing financial circumstances of the elderly and the relationship of these circumstances to health and health care. Among the topics addressed are the significance of...
One of the most well-established relationships in the economics of aging is that between health and wealth. Yet this relationship is also changing ...
Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs created to support farmers but often benefiting crop processors instead the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions...
Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on Amer...
