References of "Pestieau, Pierre"
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See detailUnequal wages for equal utilities
Pestieau, Pierre ULg

Scientific conference (2009, June 17)

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See detailMyopia, redistribution and pensions
Pestieau, Pierre ULg

Conference (2009, June 15)

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See detailUnequal wages for equal utilities
Pestieau, Pierre ULg

Scientific conference (2009, June 11)

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See detailSocial and private LTC insurance with variable altruism
Pestieau, Pierre ULg

Conference (2009, May 14)

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See detailTagging with leisure needs
Pestieau, Pierre ULg

Conference (2009, May 14)

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See detailSocial insurance and redistribution
Pestieau, Pierre ULg

Conference (2009, March 31)

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See detailForced Saving, Redistribution, and Nonlinear Social Security Schemes
Cremer, Helmuth; De Donder, Philippe; Maldonado, Dario et al

in Southern Economic Journal (2009), (76), 86-98

This paper studies the design of nonlinear social security schemes when individuals differ in productivity and in their degree of myopia. Myopic individuals may not save ‘‘enough’’ for their retirement ... [more ▼]

This paper studies the design of nonlinear social security schemes when individuals differ in productivity and in their degree of myopia. Myopic individuals may not save ‘‘enough’’ for their retirement. The welfare function is paternalistic: The rate of time preference of the farsighted is used for both types. We show that the solution does not necessarily imply forced savings for the myopics: Paternalistic considerations are mitigated by incentive effects. Numerical results suggest that as the proportion of myopic individuals increases, there is less redistribution and more forced saving, and the desirability of social security increases. [less ▲]

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See detailOptimal redistribution with unobservable disability:Welfarist versus non-welfarist social objectives
Racionero, María; Pestieau, Pierre ULg

in European Economic Review (2009), (53), 636-644

This paper examines the optimal non-linear income and commodity tax when the same labor disutility can receive two alternative interpretations, taste for leisure or disability, but the disability is not ... [more ▼]

This paper examines the optimal non-linear income and commodity tax when the same labor disutility can receive two alternative interpretations, taste for leisure or disability, but the disability is not readily observable. We compare the optimal policy under alternative social objectives, welfarist and non-welfarist, and conclude that the nonwelfarist objective, in which the planner gives a higher weight to the disutility of labor of the disabled individuals, is the only reasonable specification. It has some foundation in the theory of responsibility; further, unlike the other specifications it yields an optimal solution that may involve a lower labor supply requirement from disabled individuals [less ▲]

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See detailBelgian Social Protection Portrait
Atta, C.; Pestieau, Pierre ULg; Perelman, Sergio ULg

Report (2009)

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See detailProviding sustainable long term care: a looming challenge
Cremer, Helmuth; De Donder, Philippe; Pestieau, Pierre ULg

in Toulouse School of Economics (2009), (3),

Long-term care (LTC hereafter) concerns people who depend on help to carry out daily activities. It is mainly delivered informally by families and to a lesser extent formally by professional care ... [more ▼]

Long-term care (LTC hereafter) concerns people who depend on help to carry out daily activities. It is mainly delivered informally by families and to a lesser extent formally by professional care assistants and nursing homes. Most EU governments are also involved in some way in the provision or financing of LTC services. Right now, the future of LTC provision appears to be gloomy, for demographic, societal and financial reasons. This TSE Note studies the strengths and weaknesses of three institutions providing LTC services - namely the family, the State and the private insurance market - and provides policy recommendations based on the view that governments should take the leadership towards a comprehensive approach of the dependency problem, while relying as much as possible on the family and the market. [less ▲]

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See detailPiracy prevention and the pricing of information goods
Cremer, Helmuth; Pestieau, Pierre ULg

in Information Economics and Policy (2009), (21), 34-42

This paper studies the effects of piracy on prices and welfare and determines the optimal enforcement policy. A monopolist sells an information good at a non-linear price in two versions designed for two ... [more ▼]

This paper studies the effects of piracy on prices and welfare and determines the optimal enforcement policy. A monopolist sells an information good at a non-linear price in two versions designed for two types of consumers with different willingness to pay. Consumers with low willingness to pay consumers can copy the good at some cost and with some quality loss. High valuation customers cannot engage in full-fledged piracy. However, they can consume the version designed for the other customer type. We show that copying or piracy may be welfare enhancing because it enables a good to be provided to individuals with a low willingness to pay without undermining the producing firm’s ability to finance the development cost via the pricing scheme applied to high valuation consumers. There are then three levels of piracy control. The highest is that chosen by the private monopoly. The next level is the one chosen by a welfare-maximizing monopoly. The lowest level, which can be zero, is the level of control chosen by the public authority when the good is sold (and priced) by a profit-maximizing monopoly. ! 2008 Elsevier B.V. All rights reserved. [less ▲]

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See detailIs migration a good substitute for education subsidies?
Docquier, Frédéric; Faye, Ousmane; Pestieau, Pierre ULg

in Journal of Development Economics (2008), (86), 263-276

Assuming a given educational policy, the recent brain drain literature reveals that skilled migration can boost the average level <br />of schooling in developing countries. In this paper, we introduce ... [more ▼]

Assuming a given educational policy, the recent brain drain literature reveals that skilled migration can boost the average level <br />of schooling in developing countries. In this paper, we introduce educational subsidies determined by governments concerned by <br />the number of skilled workers remaining in the country. Our theoretical analysis shows that developing countries can benefit from <br />skilled emigration when educational subsidies entail high fiscal distortions. However when taxes are not too distortionary, it is <br />desirable to impede emigration and subsidize education. We then investigate the empirical relationship between educational <br />subsidies and migration prospects, obtaining a negative relationship for 105 countries. Based on this result, we revisit the country <br />specific effects of skilled migration upon human capital. We show that the endogeneity of public subsidies reduces the number of <br />winners and increases the magnitude of the losses. <br />© 2008 Elsevier B.V. All rights reserved. [less ▲]

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See detailUse and misuse of unemployment benefits for early retirement
Cremer, Helmuth; Lozachmeur, Jean-Marie; Pestieau, Pierre ULg

in European Journal of Political Economy (2008), (25), 174-185

Unemployment insurance (UI) in some countries is one of the most widely used routes to early retirement. Accordingly, firms lay off elderlyworkerswhosewages exceed their productivity. These workers then ... [more ▼]

Unemployment insurance (UI) in some countries is one of the most widely used routes to early retirement. Accordingly, firms lay off elderlyworkerswhosewages exceed their productivity. These workers then receive unemployment benefits until they enter formal retirement, even though they have effectively already exited the labor market. To persuade theminto finding the deal acceptable, they quite often may also receive some additional compensation from their employers. In this paper we consider three routes of transition fromwork to formal retirement that rely on UI: (i) standard unemployment compensation, (ii) public early retirement program yielding benefits higher than the unemployment compensation and (iii) unemployment compensation along with an income supplement provided by the former employer. The study examines under which conditions these three alternative practices can occur. © 2008 Elsevier B.V. All rights reserved. [less ▲]

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See detailLong-Term Care: the State, the Market and the Family
Motohiro, Sato; Pestieau, Pierre ULg

in Economica (2008), (75), 435-454

In this paper we study the optimal design of a long term care policy in a setting that includes three types of care to dependent parents: public nursing, private nursing and assistance in time by children ... [more ▼]

In this paper we study the optimal design of a long term care policy in a setting that includes three types of care to dependent parents: public nursing, private nursing and assistance in time by children. Private nursing can be financed either by financial aid from children or by private insurance. The social planner can use a number of instruments: public nursing, subsidy to aiding children, subsidy to private insurance premiums, all financed by a flat tax on earnings. [less ▲]

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See detailProdigality and Myopia - Two Rationales for Social Security
Possen, Uri; Pestieau, Pierre ULg

in Manchester School (2008), 76(6), 629-652

Among the rationales for social security, there is the fact that some people have to be forced to save. To explain undersaving, rational prodigality and hyperbolic preferences are often cited but treated ... [more ▼]

Among the rationales for social security, there is the fact that some people have to be forced to save. To explain undersaving, rational prodigality and hyperbolic preferences are often cited but treated separably. In this paper we study those two particular behaviors that lead to forced saving within an optimal income tax second-best setting. [less ▲]

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See detailA note on longevity enhancing investment
Eeckhoudt, Louis; Pestieau, Pierre ULg

in Economics Letters (2008)

We argue that risk averse individuals prefer to increase their longevity in the direction of rectangularization of the survival curve instead of an upward shift of that curve. Risk aversion is measured by ... [more ▼]

We argue that risk averse individuals prefer to increase their longevity in the direction of rectangularization of the survival curve instead of an upward shift of that curve. Risk aversion is measured by the concept of fear of ruin. [less ▲]

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See detailUn indicateur de l'étendue et de l'évolution du travail au noir en Belgique
Pacolet, J.; Pestieau, Pierre ULg; Baeyens, K. et al

in Revue Belge de Sécurité Sociale (2008), (4), 437-462

Although the methods for measuring the extent of undeclared work are improving continuously, they still have shortcomings today. The statistical apparatus is not adapted to the present-day needs for ... [more ▼]

Although the methods for measuring the extent of undeclared work are improving continuously, they still have shortcomings today. The statistical apparatus is not adapted to the present-day needs for mapping this phenomenon. The assignment is not simple either: making something visible that wants to remain hidden by definition. This article summarises a study that was conducted on behalf of the Belgian Science Policy and the Federal Public Service Employment, Labour and Social Dialogue in order to examine the possibilities to improve methods for measuring the extent of undeclared work in Belgium. The study revealed that eventually, a multitude of methods will have to be used. The bad image our country has because it accepts the most divergent estimates, can be turned into an advantage by taking the lead in conciliating and combining this multitude of methods. [less ▲]

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