Publications des institutions partenaires
Aging and the Financing of Social Security in Switzerland
Demographic projections forecast a doubling of the dependency ratio until 2050 as well as an increase of 10% in population due to longer life expectancy in Switzerland. To quantify the effects on social security and public finances, we use a computational overlapping generations model with five margins of labor supply: labor market participation, hours worked, job search, retirement...
Institution partenaire
English / 02/06/2011
Life-Cycle Unemployment, Retirement, and Parametric Pension Reform
This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i) improving actuarial fairness in pension assessment not only boosts old age participation but also reduces unemployment among prime age workers and raises welfare; (ii) strengthening the tax benefit link boosts life-cycle labor supply on all margins and welfare; (iii...
Institution partenaire
English / 16/05/2011
Public Spending and Volunteering: "The Big Society", Crowding Out, and Volunteering Capital
The current British Government's "Big Society" plan is based on the idea that granting more freedom to local communities and volunteers will compensate for a withdrawal of public agencies and spending. This idea is grounded on a widely held belief about the relationship between government and volunteering: a high degree of government intervention will cause a crowding...
Institution partenaire
English / 01/03/2011
Entry Deterrence and the Calculation of the Net Cost of Universal Service Obligations
This paper relates to the current discussion about how to measure the net cost and the unfair burden of universal service provision in network industries. The established profitability cost approach compares the profit of a universal service provider (USP) with and without a universal service obligation (USO). This paper argues that the net cost of universal service provision...
Institution partenaire
English / 01/03/2011
Regulatory risk in the tendering of rail
In this paper we discuss the regulatory risk associated with tendering regional public transport lines from the regulator's and the operators' perspective.
Institution partenaire
English / 22/12/2010
Postal Markets and Electronic Substitution : What is the Impact of Intermodal Competition on Regulatory Practices and Institutions?
There is an increasing convergence between postal products and telecom applications which suggests the need for a co-evolution of regulation. But there is hardly any discussion in academia or in practice about the consequences for regulation. Relevant questions are: Which parts of current regulation will become redundant? Is there additional regulation needed due to new bottlenecks...
Institution partenaire
English / 20/12/2010
Impact of VAT-Exemptions in the Postal Sector on Competition and Welfare
Institution partenaire
English / 30/11/2010
An Economic Framework to Understand and Assess Regulations in Network Industries
Institution partenaire
Deutsch / 19/11/2010
Pension reform, retirement, and life-cycle unemployment
This paper investigates the labor market impact of four often proposed
policy measures for sustainable pensions: strengthening the tax benefit link, moving from wage to price indexation of benefits, lengthening calculation periods, and introducing more actuarial fairness in pension assessment. We consider the impact on three margins of aggregate labor supply, retirement...
Institution partenaire
English / 07/10/2010
Post Office Network Realignments and their Impact on Innovation
Institution partenaire
English / 13/09/2010
Postal Regulation and Business Model Transformation
Institution partenaire
English / 13/09/2010
Flexicurity and Job Reallocation
This paper develops a general equilibrium model with safe and risky jobs where unemployment is concentrated in a highly productive but volatile sector. Frictional unemployment arises in the process of job creation, firing and retraining for alternative employment. The paper derives an optimal welfare policy which combines the design of the tax schedule with three pillars of the `...
Institution partenaire
Deutsch / 09/04/2010
Corporate taxation, debt financing and foreign-plant ownership
This paper compares domestically and foreign-owned plants with respect to their debt-to-assets ratio and analyzes to which extent the difference is systematically affected by corporate taxation. To derive hypotheses about influence of corporate taxation on a firm's debt financing we adapt a standard model of taxation and financing decisions of firms for the case of international...
Institution partenaire
English / 01/01/2010
Extensive und intensive Investition und die Mehrbelastung der Gewinnsteuer
Um die Auswirkungen der Körperschaftssteuer (Gewinnsteuer) auf Investition und Standortattraktivität zu antizipieren, werden üblicherweise die effektiven Grenz- und Durchschnittssteuersätze berechnet. Dieser Beitrag stellt ein Modell monopolistischer
Konkurrenz vor und zeigt, wie die extensiven und intensiven Investitionen auf Änderungen in der effektiven Grenz- und...
Institution partenaire
Deutsch / 01/01/2010
Public Policy, Venture Capital and Entrepreneurial Finance
Venture capital has become an important source of financing young entrepreneurial firms. Venture capital backed firms are often perceived as more innovative and as creating more value than others. Perhaps for this reason, policy makers are keen to create a good institutional framework to facilitate the development of an active venture capital industry. We explore the role of tax...
Institution partenaire
English / 01/01/2010
Steuerpolitik: Standortwettbewerb als Herausforderung
Institution partenaire
Deutsch / 01/01/2010
The Role of Corporate Taxation in a Large Welfare State
In comparing the impact of corporate taxation and social insurance on foreign direct investment (FDI) and unemployment, the paper derives four main results: (i) the optimal size of the welfare state depends on the degree of risk-aversion, the unemployment rate and the excess burden of labor taxes. Unemployment partly reflects the country's exposure to globalization; (ii)...
Institution partenaire
English / 19/08/2009
Education, demographics, and the economy
This paper deals with two issues concerning the effects of population
aging on education decisions in the presence of a PAYG pension
system: We first analyze the effects of an aging population per se on
individual skill choices and continuous education and the production
structure. Second, we study the implications of postponed retirement, which is often...
Institution partenaire
English / 01/04/2009
Alterung, Sozialwerke und Finanzierung: Eine Evaluation der ökonomischen Folgen
Die demografische Alterung wird in der langen Frist erhebliche Anpassungen in der Finanzierung der Altersvorsorge erfordern. Die Art und Weise, wie die Finanzierungslücke geschlossen wird, hat beträchtliche Auswirkungen auf den Arbeitsmarkt. Für die zukünftige Entwicklung des Pro-Kopf-Einkommens ist es entscheidend, dass die Finanzpolitik in einer Weise reagiert, welche die Anreize...
Institution partenaire
Deutsch / 10/01/2009
The fractal nature of inequality in a fast growing world
In this paper we investigate wealth inequality/polarization properties related to the support of the limit distribution of wealth in innovative economies characterized by uninsurable individual risk. We work out two simple successive generation examples, one with stochastic human capital accumulation and one with R&D, and prove that intense technological progress makes the...
Institution partenaire
English / 01/01/2009
Pages
Le portail de l'information économique suisse
© 2016 Infonet Economy