Publications

June 15, 2011

Migrant Women on the Labour Market

The behaviour of migrant women on the labour market also influenced by the culture of the host country.

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June 14, 2011

The impact of reforms on labour market exit probabilities

This study investigates the impact of the reforms on labour market exit probabilities

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May 23, 2011

Is economic recovery a myth? Robust estimation of impulse responses

An average banking crisis leads to an output loss of up to up to 9 percent, without any recovery within seven years.

April 1, 2011

Intergenerational Risk Sharing in Time-Consistent Funded Pension Schemes

Intergenerational risk sharing by funded pension schemes may increase welfare in an ex ante sense. However, it also suffers from a time inconsistency problem.

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April 1, 2011

Systemic risk across sectors; Are banks different?

This research compares systemic risk in the banking sector, the insurance sector, the construction sector, and the food sector.

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March 29, 2011

Flexible Retirement

Flexible retirement - that is, the opportunity to choose one’s own personal retirement age - serves as a hedge against pension risk and provides insurance to workers facing health or productivity shocks.

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