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  • Open Access English
    Authors: 
    Dieleman, Bas;
    Publisher: SSRN e-library
    Country: Netherlands

    For the purpose of this research, pension cuts are defined as a decrease in retirement benefits currently paid to retired citizens and (2) a decrease in accumulated pension rights related to past years of service. This paper focusses on such pension cuts in public pensions and employer sponsored private pensions in all Member States and the U.K. (hereafter the Member States) Similar to pension cuts is the adjustment of pensions to inflation or wage increase. As a result, such adjustments are included in the research. The research also includes many recent pension reforms in the Member States.

  • Open Access English
    Authors: 
    Dorotic, Matilda;
    Publisher: University of Groningen, SOM research school
    Country: Netherlands
  • Open Access English
    Authors: 
    Sinha Roy, Debdatta; Defryn, Christof; Golden, Bruce; Wasil, Edward;
    Publisher: Maastricht University, Graduate School of Business and Economics
    Country: Netherlands
  • Open Access English
    Authors: 
    Citanna, A.; Cres, H.; Dreze, J.; Herings, P.J.J.; Villanacci, A.;
    Publisher: METEOR, Maastricht University School of Business and Economics
    Country: Netherlands
  • Open Access English
    Authors: 
    Bos, Iwan;
    Publisher: Maastricht University, Graduate School of Business and Economics
    Country: Netherlands

    Few today would doubt the need for competition rules in a free, marked-based society like the United States of America. From a free market philosophy perspective, however, there is something inherently paradoxical about the presence of competition policy. After all, the competition laws that are intended to combat restraints of trade are, in fact, themselves restraints of trade and their enforcement implies extensive government intervention. It is argued that competition policy is nevertheless compatible with the free market philosophy when the free market system would effectively disappear without it and it is shown that this possibility was considered real in the history of U.S. competition law enforcement. U.S. competition policy stimulates free market survival by shaping market structure and by promoting the free market spirit. Both make American competition policy consistent with the free market philosophy and consequently provide a moral justification for its presence.

  • Open Access English
    Authors: 
    Jacobs, Jan; Tassenaar, Vincent;
    Publisher: s.n.
    Country: Netherlands
    Project: NWO | Mapping the stability and... (30115)

    Recent contributions to growth theory stress the importance of localized innovation for the performance of more backward countries. In earlier papers, analyses by means of DEA techniques confirmed this intuition. In this paper, we extend this type of analysis by relaxing the macroeconomic viewpoint adopted until now. New databases on output, labor and capital input in the agricultural and manufacturing sector are developed for 40 countries. Using intertemporal DEA, it is found that changes in the global production frontier are localized at high levels of capital intensity. This result is stronger in agriculture than in manufacturing. Further, a decomposition of labor productivity growth in eight Asian countries for the period 1975-1992 into the effects of capital intensification, knowledge assimilation and innovation is made. The results suggest that there is a particular development path in which increases in capital intensity appear to be a prerequisite to benefit from international technology spillovers.

  • Open Access English
    Authors: 
    Wiegmans, Bart W.; Nijkamp, Peter;
    Publisher: FEWEB
    Country: Netherlands

    The main purpose of this paper is to provide a framework for existing- and newly proposedinter-modal freight terminals in their business planning process. This framework is importantfor constructing- and improving the central terminal service portfolio of handling (loading,discharging, and transhipping) and storage of containerised cargo. Supportive activities (e.g. administration, customs) are taken into account as well.In particular, its aim is to investigate whether business planning offers a good approach for terminal operators in order to construct and improve their terminal service portfolio. The specific problem addressed here is as follows: To what extent is Business Planning useful for terminal operators inorder to be able to construct and improve their intermodal freight terminal service portfolio?Questions that will be answered in this paper are: who is the principle agent in the combinedtransport channel? How can the terminal operator improve its market power in the combinedtransport chain? Should the terminal operator seek a take-over with a European logisticsservice provider? Should the terminal operator look for a merger with a physical transportcompany? Should the terminal operator look for acquisitions of other freight terminals? Theterminal operator should look for a take-over by a global player? The conclusion of this paper is that business planning offers an excellent opportunity to terminal operators to betterconstruct and operate their terminal service portfolio. The main conclusions are that:

  • Open Access English
    Authors: 
    Haan, Marco; Riyanto, Yohanes; Toolsema, Linda A.;
    Publisher: University of Groningen, SOM research school
    Country: Netherlands

    This paper is concerned with investigating the role of accounting practices in radical change processes. The institutional framework has been taken as a starting point in investigating these processes. The research has been carried out at the Dutch Railways. This company was forced by the Dutch government to change from a public company into a private company. This decision by the Dutch Government has had radical consequences for Dutch Railways’ position in the (rail) transport market and for the way of managing the company. The research focuses on the processes in which the company has changed its template as a public company into a profit-oriented template. This paper examines the interaction of accounting practices with the environmental and organisational context. Emphasis is placed on how these mutual processes of interaction change internal and external positioning, create new visibilities, transform perspectives on organisational activities and performance and modify conditions for organisational change. Existing institutional concepts regarding change processes are evaluated in the light of the case findings and building blocks are developed for a comprehensive change framework.

  • Open Access English
    Authors: 
    Jos Van Ommeren; Wentink, D.;
    Publisher: Tinbergen Institute Amsterdam and Rotterdam
    Country: Netherlands

    It has been argued that urban planning policies, through minimum parking requirements, and income tax policies induce free employer parking. We show that tax policies induce welfare losses in the order of 12% of parking resource costs, implying an annual deadweight loss in the order of € 5 billion for Europe. In the US, due to the presence of minimum parking requirements, the deadweight loss of policy is even higher and in the order of $ 30 billion.

  • Open Access English
    Authors: 
    Butler, M.; Harms, P.;
    Publisher: Macroeconomics
    Country: Netherlands

    We study the impact of an anticipated "baby boom" in an overlapping generations economy.The rise of the working population lowers the wage, and the high demand for assets causes a rise in the price of capital which will be reversed when the baby boomers leave the work-force.However, the swings in factor prices are substantially dampened if we allow for more than two generations, endogenous labor supply, and convex capital adjustment costs.This is mainly due to the intertemporal shifts in labor market participation that can be observed if agents work for more than one period.Optimal saving and labor supply decisions of the baby boomers' preceding and subsequent generations partly offset the impact of the unfavorable demographic shock.Accordingly, the impact of a baby boom on the welfare of different generations crucially depends on the elasticity of labor supply.

Advanced search in
Research products
arrow_drop_down
Searching FieldsTerms
Any field
arrow_drop_down
includes
arrow_drop_down
Include:
11,157 Research products, page 1 of 1,116
  • Open Access English
    Authors: 
    Dieleman, Bas;
    Publisher: SSRN e-library
    Country: Netherlands

    For the purpose of this research, pension cuts are defined as a decrease in retirement benefits currently paid to retired citizens and (2) a decrease in accumulated pension rights related to past years of service. This paper focusses on such pension cuts in public pensions and employer sponsored private pensions in all Member States and the U.K. (hereafter the Member States) Similar to pension cuts is the adjustment of pensions to inflation or wage increase. As a result, such adjustments are included in the research. The research also includes many recent pension reforms in the Member States.

  • Open Access English
    Authors: 
    Dorotic, Matilda;
    Publisher: University of Groningen, SOM research school
    Country: Netherlands
  • Open Access English
    Authors: 
    Sinha Roy, Debdatta; Defryn, Christof; Golden, Bruce; Wasil, Edward;
    Publisher: Maastricht University, Graduate School of Business and Economics
    Country: Netherlands
  • Open Access English
    Authors: 
    Citanna, A.; Cres, H.; Dreze, J.; Herings, P.J.J.; Villanacci, A.;
    Publisher: METEOR, Maastricht University School of Business and Economics
    Country: Netherlands
  • Open Access English
    Authors: 
    Bos, Iwan;
    Publisher: Maastricht University, Graduate School of Business and Economics
    Country: Netherlands

    Few today would doubt the need for competition rules in a free, marked-based society like the United States of America. From a free market philosophy perspective, however, there is something inherently paradoxical about the presence of competition policy. After all, the competition laws that are intended to combat restraints of trade are, in fact, themselves restraints of trade and their enforcement implies extensive government intervention. It is argued that competition policy is nevertheless compatible with the free market philosophy when the free market system would effectively disappear without it and it is shown that this possibility was considered real in the history of U.S. competition law enforcement. U.S. competition policy stimulates free market survival by shaping market structure and by promoting the free market spirit. Both make American competition policy consistent with the free market philosophy and consequently provide a moral justification for its presence.

  • Open Access English
    Authors: 
    Jacobs, Jan; Tassenaar, Vincent;
    Publisher: s.n.
    Country: Netherlands
    Project: NWO | Mapping the stability and... (30115)

    Recent contributions to growth theory stress the importance of localized innovation for the performance of more backward countries. In earlier papers, analyses by means of DEA techniques confirmed this intuition. In this paper, we extend this type of analysis by relaxing the macroeconomic viewpoint adopted until now. New databases on output, labor and capital input in the agricultural and manufacturing sector are developed for 40 countries. Using intertemporal DEA, it is found that changes in the global production frontier are localized at high levels of capital intensity. This result is stronger in agriculture than in manufacturing. Further, a decomposition of labor productivity growth in eight Asian countries for the period 1975-1992 into the effects of capital intensification, knowledge assimilation and innovation is made. The results suggest that there is a particular development path in which increases in capital intensity appear to be a prerequisite to benefit from international technology spillovers.

  • Open Access English
    Authors: 
    Wiegmans, Bart W.; Nijkamp, Peter;
    Publisher: FEWEB
    Country: Netherlands

    The main purpose of this paper is to provide a framework for existing- and newly proposedinter-modal freight terminals in their business planning process. This framework is importantfor constructing- and improving the central terminal service portfolio of handling (loading,discharging, and transhipping) and storage of containerised cargo. Supportive activities (e.g. administration, customs) are taken into account as well.In particular, its aim is to investigate whether business planning offers a good approach for terminal operators in order to construct and improve their terminal service portfolio. The specific problem addressed here is as follows: To what extent is Business Planning useful for terminal operators inorder to be able to construct and improve their intermodal freight terminal service portfolio?Questions that will be answered in this paper are: who is the principle agent in the combinedtransport channel? How can the terminal operator improve its market power in the combinedtransport chain? Should the terminal operator seek a take-over with a European logisticsservice provider? Should the terminal operator look for a merger with a physical transportcompany? Should the terminal operator look for acquisitions of other freight terminals? Theterminal operator should look for a take-over by a global player? The conclusion of this paper is that business planning offers an excellent opportunity to terminal operators to betterconstruct and operate their terminal service portfolio. The main conclusions are that:

  • Open Access English
    Authors: 
    Haan, Marco; Riyanto, Yohanes; Toolsema, Linda A.;
    Publisher: University of Groningen, SOM research school
    Country: Netherlands

    This paper is concerned with investigating the role of accounting practices in radical change processes. The institutional framework has been taken as a starting point in investigating these processes. The research has been carried out at the Dutch Railways. This company was forced by the Dutch government to change from a public company into a private company. This decision by the Dutch Government has had radical consequences for Dutch Railways’ position in the (rail) transport market and for the way of managing the company. The research focuses on the processes in which the company has changed its template as a public company into a profit-oriented template. This paper examines the interaction of accounting practices with the environmental and organisational context. Emphasis is placed on how these mutual processes of interaction change internal and external positioning, create new visibilities, transform perspectives on organisational activities and performance and modify conditions for organisational change. Existing institutional concepts regarding change processes are evaluated in the light of the case findings and building blocks are developed for a comprehensive change framework.

  • Open Access English
    Authors: 
    Jos Van Ommeren; Wentink, D.;
    Publisher: Tinbergen Institute Amsterdam and Rotterdam
    Country: Netherlands

    It has been argued that urban planning policies, through minimum parking requirements, and income tax policies induce free employer parking. We show that tax policies induce welfare losses in the order of 12% of parking resource costs, implying an annual deadweight loss in the order of € 5 billion for Europe. In the US, due to the presence of minimum parking requirements, the deadweight loss of policy is even higher and in the order of $ 30 billion.

  • Open Access English
    Authors: 
    Butler, M.; Harms, P.;
    Publisher: Macroeconomics
    Country: Netherlands

    We study the impact of an anticipated "baby boom" in an overlapping generations economy.The rise of the working population lowers the wage, and the high demand for assets causes a rise in the price of capital which will be reversed when the baby boomers leave the work-force.However, the swings in factor prices are substantially dampened if we allow for more than two generations, endogenous labor supply, and convex capital adjustment costs.This is mainly due to the intertemporal shifts in labor market participation that can be observed if agents work for more than one period.Optimal saving and labor supply decisions of the baby boomers' preceding and subsequent generations partly offset the impact of the unfavorable demographic shock.Accordingly, the impact of a baby boom on the welfare of different generations crucially depends on the elasticity of labor supply.

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