1,011 research outputs found

    Pension reform in Norway: Evidence from a structural dynamic model

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    This paper simulates a set of proposed policies from the Norwegian pension reform within a structural dynamic model of health and retirement estimated on the Norwegian labour market data. The paper focuses on the two main elements of the reform, namely the new pension entitlement accrual rules linking benefits more closely to earnings and the new pension benefit drawing rules designed to eliminate the incentives distortions with respect to the time of retirement. The effects of these proposals are investigated in terms of labour market outcomes, social welfare and income distribution. It is shown that while the proposed pension reform succeeds in urging the older workers to postpone their retirement and induces an increase in total social welfare, individuals in good health who retire early experience a negative change in their discounted utility. In addition, an increase in social welfare is accompanied with an increase in income inequality

    A dynamic structural analysis of health and retirement

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    Dissertation is devoted to establishing a structural dynamic model of retirement behaviour of older workers in Norway with complete characterization of their choice sets and beliefs – explicitly dependent on health status, labour market state occupied in the previous period, outcome of job search process, household characteristics and two income indices. The first paper develops theoretical structure of the model and proceeds with estimation. In addition it studies substitution effect between early retirement and disability pension as two main exit routes from Norwegian labour market. The second paper contains a summary of the measures of quality of structural dynamic models and proposes two new approaches. One builds on McFadden’s rho while another is based on the exogenous policy change during the modelled period. The third paper is devoted to ongoing pension reform in Norway. Both labour market consequences, welfare and inequality implications are simulated on the bases of the developed structural model. My findings indicate that reform succeeds in providing older workers with incentives to postpone their retirements while increasing both social welfare and income inequality

    Dependence of the SWR Linewidth on the Wavevector in Amorphous Thin Films

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    Work supported in part by the Central Research Project 01.08.B.Zadanie pt. „Digitalizacja i udostępnienie w Cyfrowym Repozytorium Uniwersytetu Łódzkiego kolekcji czasopism naukowych wydawanych przez Uniwersytet Łódzki” nr 885/P-DUN/2014 zostało dofinansowane ze środków MNiSW w ramach działalności upowszechniającej naukę

    Polarization-Entangled Light Pulses of 10^5 Photons

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    We experimentally demonstrate polarization entanglement for squeezed vacuum pulses containing more than 10^5 photons. We also study photon-number entanglement by calculating the Schmidt number and measuring its operational counterpart. Theoretically, our pulses are the more entangled the brighter they are. This promises important applications in quantum technologies, especially photonic quantum gates and quantum memories.Comment: 8 pages, 6 figure

    Multi-photon nonclassical correlations in entangled squeezed vacuum states

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    Photon-number correlation measurements are performed on bright squeezed vacuum states using a standard Bell-test setup, and quantum correlations are observed for conjugate polarization-frequency modes. We further test the entanglement witnesses for these states and demonstrate the violation of the separability criteria, which infers that all the macroscopic Bell states, containing typically 10610^6 photons per pulse, are polarization entangled. The study also reveals the symmetry of macroscopic Bell states with respect to local polarization transformations.Comment: 5 pages, 4 figure

    Nonlinear interferometer for tailoring the frequency spectrum of bright squeezed vacuum

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    We propose a method for tailoring the frequency spectrum of bright squeezed vacuum by generating it in a nonlinear interferometer, consisting of two down-converting nonlinear crystals separated by a dispersive medium. Due to a faster dispersive spreading of higher-order Schmidt modes, the spectral width of the radiation at the output is reduced as the length of the dispersive medium is increased. Preliminary results show 30\% spectral narrowing.Comment: 9 pages, 6 figure

    Testing Ultrafast Two-Photon Spectral Amplitudes via Optical Fibres

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    We test two-dimensional TPSA of biphoton light emitted via ultrafast spontaneous parametric down-conversion (SPDC) using the effect of group-velocity dispersion in optical fibres. Further, we apply this technique to demonstrate the engineering of biphoton spectral properties by acting on the pump pulse shape
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