The demand for institutional long-term care is likely to remain high in OECD countries, because of longer life expectancy and falling cohabitation rates of the elderly with family members. As shortages of qualified nurses put a cap on the supply of beds at nursing homes, excess demand builds....

The purpose of this paper is to investigate the retirement decision in the United Kingdom. We distinguish four retirement routes: retirement, unemployment, long-term sickness and other states. The focus of the paper is the impact of pension benefits on retirement transitions. We estimate...

Empirical research has consistently shown that married men have substantially higher wages, on average, than otherwise similar unmarried men. One commonly cited hypothesis to explain this pattern is that marriage allows one spouse to specialize in market production and the other to specialize in...

Theoretically, those classified by the Bureau of Labor Statistics as involuntary part-time workers are individuals who would like to work full-time but have been unable to obtain full-time employment. To empirically test the accuracy of that definition, the author employs simple probit models of...