Suchergebnisse

AbstractThis article investigates the impact of ethnic diversity on individuals' satisfaction with their neighbourhoods. It uses panel data and a variety of empirical methods to control for potential endogeneity of diversity and of location choices. We find that a higher white share raises overall satisfaction with the neighbourhood in our (overwhelming white) sample, but has no significant impact on generalised trust or other commonly used measures of social capital. We suggest that part of the impact of diversity on overall neighbourhood satisfaction may be through an effect on fear of crime, though we find no effect on actual crime.

Abstract
We study the transitions from career to gradual and permanent retirement by a sample of (Continental) European males aged 55 to 70 in the late 2000s. We find that only 14.6% of the workers in this sample moved from a career to a bridge job by the time of the interview, much less than in the United States, where this share is estimated at close to 60%. We use the cross country and time variation in employment protection legislation and minimum retirement age to study whether recent changes in these labour market institutions have had any effect on the transitions out of career jobs. We find that policies that have increased minimum retirement age and reduced the strictness of employment protection legislation have raised the hazard into gradual retirement in Northern and Central European countries and the permanence in career jobs in Mediterranean countries.

JEL codes

J26, J11, J21

We study the transitions from career to gradual and permanent retirement by a sample of (Continental) European males aged 55 to 70 in the late 2000s. We find that only 14.6% of the workers in this sample moved from a career to a bridge job by the time of the interview, much less than in the United States, where this share is estimated at close to 60%. We use the cross country and time variation in employment protection legislation and minimum retirement age to study whether recent changes in these labour market institutions have had any effect on the transitions out of career jobs. We find that policies that have increased minimum retirement age and reduced the strictness of employment protection legislation have raised the hazard into gradual retirement in Northern and Central European countries and the permanence in career jobs in Mediterranean countries.

Abstract We study the transitions from career to gradual and permanent retirement by a sample of (Continental) European males aged 55 to 70 in the late 2000s. We find that only 14.6% of the workers in this sample moved from a career to a bridge job by the time of the interview, much less than in the United States, where this share is estimated at close to 60%. We use the cross country and time variation in employment protection legislation and minimum retirement age to study whether recent changes in these labour market institutions have had any effect on the transitions out of career jobs. We find that policies that have increased minimum retirement age and reduced the strictness of employment protection legislation have raised the hazard into gradual retirement in Northern and Central European countries and the permanence in career jobs in Mediterranean countries. JEL codes J26, J11, J21

Abstract
People care about crime, with the spatial distribution of both actual and perceived crime affecting the local amenities from living in different areas and residential decisions. The literature finds that crime tends to happen close to the offender's residence, but does not clearly establish whether this is because the location of likely offenders and crime opportunities are close to each other, whether more local crimes are likely to be solved or whether there is a high commuting cost for criminals. We use a rich administrative dataset from one of the biggest UK police forces to disentangle these hypotheses, proposing a procedure for controlling for the selection bias induced by the fact that an offender's location is only known when they are caught. We find that the cost of distance is very high, especially for crimes without any financial gain. For property crimes, we find a similar cost of distance to commuting for legal work. We also investigate how local socio-economic characteristics affect both the number of criminals and the number of crimes.