In national accounts social benefits to households are broken down into two distinct categories: social benefits other than social transfers in kind; and social transfers in kind. The former transfers are typically in cash and so allow households to use the cash indistinguishably from other...

Net pension wealth is the present value of the flow of pension benefits, taking account of the taxes and social security contributions that retirees have to pay on their pensions. It is affected by life expectancy and by the age at which people take their pensions, as well by as indexation...

These continue to be difficult times for the labor markets of the industrialized nations. Shifts in labor demand, deregulatory impulses, and the ongoing process of globalization have each impacted the labor markets of the United States and Europe. In the face of the globalization of economic...