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Population ageing, together with the negative effects of the recent economic and financial crisis that some European countries are still facing, have threatened the sustainability of public pension systems. In this context, voluntary private pensions have emerged as the most feasible alternative to supplement the minimum provided by Social Security Systems; however, this financial product does not enjoy its expected popularity. A potential explanation of this reality might be due to the fact that European countries are far from being homogeneous, nor their pensions systems. Therefore, any policy geared toward improving financial retirement planning should take into account these potential differences. As a first approach to their analysis, this paper proposes the existence of four different ‘social models’ in Europe -namely, Continental, Mediterranean, Nordic and Transitional-. Overall, empirical evidence confirmed the significant influence of country’ ‘social model’ on the decision to invest in retirement accounts on a sample of 31,468 individuals in 2013. It was also proved that this decision is positively related to age, household income and wealth, higher levels of formal education, job situation, good health status, and long-term planning horizons; and negatively related to age squared, household size or financial risk aversion. In short, future policies and reforms regarding private pensions should not only take into account the existence of individual differences among Europeans, but also the existence of differences depending on institutional and cultural country factors. [ABSTRACT FROM AUTHOR]

In this paper, we use data from the first two rounds of the European Social Survey to analyze the extent to which differences in average attitudes towards immigration across the EU-15 countries may be explained by differences in socioeconomic characteristics and individually perceived consequences of immigration, using an extension of a decomposition technique developed by Fairlie (). We find that despite the significant effects of socioeconomic characteristics on attitudes, differences in the distributions of these characteristics can only explain a modest share of the cross-country variation in average attitudes. A larger part can be explained by differences in perceived consequences of immigration, but the main part is still left unexplained. Apart from providing useful input for policy makers working in the area of immigration policy, this raises a number of questions for further research for which the ESS data can be successfully applied. [ABSTRACT FROM AUTHOR]

Welfare-state regimes achieve different outcomes in dealing with social inequalities. For example, the social democratic or Scandinavian welfare-state regime is often considered as the most egalitarian with a high social transfer rate and a comparably low level of income inequality. While most research on welfare-state regimes focuses on objective indicators of quality of life and inequalities, we are interested in how citizens actually evaluate their lives, using subjective well-being (SWB) as an indicator. The paper deals with two research questions: (1) How does the welfare-state regime affect subjective well-being, and (2) does the welfare-state regime influence the effect of status on SWB? Status is an essential first-order goal to produce subjective well-being according to the social production theory of Lindenberg and colleagues (Ormel et al. 1999), but is also linked to many other instrumental goals such as comfort and stimulation. The study carries out a multilevel analysis using pooled European Social Survey data from the years 2002-2012, covering more than 30 European countries. While we first look at how status drives SWB levels in different welfare-state regimes as classified by Esping-Andersen 1990, 1999), our focus is mainly on cross-level interactions between welfare-state regime type and the relationship between status and SWB. Our results provide evidence that social-democratic welfare-state regimes not only provide for living standards that are associated with the highest SWB levels, but also compensate best for status differences in SWB compared to other welfare-state regimes. [ABSTRACT FROM AUTHOR]

In this article we present a new proposal for the measurement of development, applied to the Pacific Countries of the African, Caribbean and Pacific Group (ACP), conditional on their insularity, and with privileged relations with the European Union. Our index has been constructed attending to the criteria defined in the Goals of the Millennium Declaration. For this purpose we will use the P distance method for the year 2007, the last year for which data are available. This index integrates socio-economic variables that permit a territorial ordering of the Pacific ACPs, in terms of those partial indicators. [ABSTRACT FROM AUTHOR]