The Displacement Effect of Compulsory Pension Savings on Private Savings: Evidence from the Netherlands, Using Institutional Differences Across Occupations

2016 ◽  
Author(s):  
Yue Li ◽  
Mauro Mastrogiacomo
2001 ◽  
Vol 53 (3) ◽  
pp. 463-498 ◽  
Author(s):  
Robert Henry Cox

This article seeks to explain why Denmark and the Netherlands made dramatic progress reforming their welfare systems in the 1990s and why Germany had a relatively slow start. Some possible explanations found to be incomplete are institutional differences in welfare programs, the uniqueness of circumstances (for example, German unification), and the balance of political power in governing institutions. An important part of the puzzle is an increasing perception of the need to reform that was more widespread in Denmark and the Netherlands. The social construction of an imperative to reform in these countries generated a political consensus that was elusive in Germany but that may be developing under Gerhard Schroder's government.


1991 ◽  
Vol 24 (1) ◽  
pp. 3-30 ◽  
Author(s):  
PAULETTE KURZER

This article compares variations in the level of unemployment in four small, open economies-Austria, Belgium, the Netherlands, and Sweden. Rather than focusing on the political-institutional differences between these four countries, the article examines international economic variables such as the role of the European Monetary System, the structure of foreign trade, and linkages to international markets to understand the greater deterioration of employment in Belgium and the Netherlands. In turn, the decision to join the European Community and to seek firmer integration into financial markets is attributed to the relatively greater influence of banking capital or the financial sector in the systems of economic policy-making of Belgium and the Netherlands. The article concludes that the detachment of the Austrian and Swedish economies from the European experience in economic integration has greatly helped the Social Democrats in these countries in fulfilling their promises of full employment.


2007 ◽  
Vol 04 (01) ◽  
pp. 69-86 ◽  
Author(s):  
CHIA-LIANG HUNG ◽  
SHU-YU YEH

The Japanese telecom giant DoCoMo launched promoted its proprietary i-mode mobile services in 1999 and overseas in 2002. Diffusion overseas was much slower than expected, however. This paper investigates the diffusion of Japanese i-mode mobile internet in Europe from an institutional perspective, focusing on five earlier i-mode overseas operators located in Taiwan, The Netherlands, Germany, Belgium, and France. We found four strategic institutional levers that stimulated i-mode domestic diffusion but failed to appear in overseas areas: operator leadership, subscriber scale, mobile penetration rate, and the ability of the firm to coordinate capability among complements. We propose strategies to internationalize a new standard by co-branding with local vendors and by using penetration pricing as an incentive for switching. Additionally, we recommend an industrial policy that drives cannibalization to facilitate mobile migration to a more advanced standard.


1950 ◽  
Vol 4 (4) ◽  
pp. 697-700

On August 3 the Council of OEEC approved the report of the working party which studied the financial condition of eighteen European areas (Austria, Belgium, Luxembourg, the Netherlands, Denmark, France, Western German Federal Republic, Greece, Ireland, Iceland, Italy, Norway, Portugal, Sweden, Switzerland, Trieste, Turkey and the United Kingdom) from March 3 to June 20. On the working party were experts from Belgium, France, Greece, Italy, the Netherlands, Norway, Portugal and the United Kingdom. The report found that some degree of confidence and internal financial stability had been restored in Austria and Greece, that price stability had been maintained through budget surplus and direct controls in Norway and the United Kingdom and that in consequence inflation was receding, and inflationary pressure had been largely reduced in the Netherlands and Denmark, where direct controls had been in effect. In both of these last named countries there had been some increase in unemployment in 1949 and a tendency toward an increase in private savings was noted. In the Netherlands the balance of payments deficit had been reduced, but Denmark's terms of trade had steadily become less favorable. Both Sweden and Switzerland attained a surplus in the balance of payments in 1949; Sweden reduced the amount of direct controls, while Switzerland had a moderate decline in prices and unemployment was low in both countries. In Belgium, Germany and Italy prices had tended to fall and unemployment had remained high. The working party advised in its report that the effects of devaluation on the internal situation of the participating countries had been slight in relation to the amount of devaluation. However, the trend of downward prices was reversed in many countries after devaluation and the subsequent increase in prices had brought pressure for increased wages. The report recommended that countries in thispredicament prevent this pressure from starting a renewed inflation. The report noted that with the tapering off of United States aid which had allowed an overall import surplus the countries were faced with a dollar shortage and that unless they borrowed from abroad, a reduction on over-all balance of payments deficits would be necessary. The report recognized that in such an instance there would be an internal problem of preventing domestic consumption and investment from increasing as fast as production, and that it would be necessary for such countries to economize on their imports from dollar sources.


2011 ◽  
Vol 32 (4) ◽  
pp. 655-677 ◽  
Author(s):  
Valeria Pulignano

This article argues that labour market institutional differences need to be taken more into account to explain the diversity in restructuring processes undertaken by multinational companies (MNCs) within national contexts in Europe. Using an in-depth case study analysis of 12 international corporations affected by diverse restructuring processes in the Netherlands, Italy, France, Austria, Denmark, Ireland and Sweden, local social partners’ responses to change are seen to be shaped within their national frameworks. However, more variation is found among (and within) national labour market systems, which implies a dynamic version of institutional variations.


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