, and in the growth of their labour forces. Whereas China - a labour-surplus economy par excellence despite unemployment … historically has been short of labour - is moving towards increased labour surplus in the form of open unemployment. The paper …

The added worker effect states that unemployment of a household member leads to an increase in labour supply of another … have more entitlements, waiting in unemployment for a good job is not one of them. We carry out two separate analyses to … no added worker effect. This suggests that households have other ways to cope with unemployment and is consistent with …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … the full pensionable age generates the largest responses in labor supply and retirement behavior. …

Evidence from several countries reveals a substantial drop in household consumption around retirement age that some … panel survey, we find no evidence of a consumption-retirement puzzle in Spain for the period of 1985-2004.  However, we find … purchase after retirement in this latter period.  Our findings are consistent with a household model that allows for home …

the world face. Responses are formulated in terms of either increasing employment (for example by raising the retirement … framework and shows how the individual`s education and retirement decisions are affected by population aging - caused either by … that early retirement can be the result of the application of Musgrave`s rule in response to a fall in fertility. …

expel immigrant workers as a means of limiting domestic unemployment. This involved not only the repatriation of the foreign …Unemployment in the 1930s was low in France by international standards, nevertheless there was a virulent drive to … take the unattractive jobs that immigrants held, but that employers were unwilling to substitute their foreign workers with …