The population of most developed societies is ‘graying’. As life expectancy increases and thelarge baby-boom generation approaches retirement age, this has critical consequences formaintaining a high standard of living and the sustainability of pension systems. In the light ofthese labor-force...

The principal means by which individuals and families achieve economic self-sufficiency is through labor market earnings. As a consequence, it is natural for policy makers to look to interventions that increase the ability of individuals and families to achieve an adequate standard of living...

This paper considers a simple model of self-fulfilling expectations that leads to a multiple equilibrium of gender gaps in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in most of the related literature, our model fully relies...

Utilizing data from the June Current Population Survey (CPS) Fertility Supplement mergedwith data from other months of the CPS, we describe trends in parents´ employment andleave-taking after birth of a newborn and analyze the extent to which these behaviors areassociated with parental leave...

State and federal reforms of the 1990s transformed the U.S. cash assistance program forsingle parents and their children. Despite an extensive literature examining these changesand their impacts, there have been few studies that consider the effects of these reformsfrom the perspective of the...

Using a novel dataset from the 2006 Portuguese Labor Force Survey this paper examinesthe impact of a voluntary reduction in hours of work, before retirement, on the moment of exitfrom the labor force. If, as often suggested, flexibility in hours of work is a useful measure topostpone retirement,...

Several studies show that employees with firm-specific skills are more likely to be covered by employer-sponsored pension schemes than workers with general skills. Therefore it can be expected that workers with firm-specific skills retire earlier. This paper tests this prediction using US data...

Die Beschäftigung älterer Arbeitnehmer in Deutschland hat in den letzten Jahren merklichzugenommen. Die Studie untersucht diese jüngste Verbesserung der ArbeitsmarktsituationÄlterer und analysiert den Beitrag, den die arbeitsmarkt- und sozialpolitischen Reformen derletzten Jahre dabei...

This study analyses the development of the economic well-being of the elderly in Swedensince 1990 - a period characterized by increased influence from the financial market andextreme economic events - using data from the Household Income Survey. The elderly werenot isolated as pensions were cut,...

We use firm closure data from social security records for Austria 1978-1998 to investigate theeffect of age on employment prospects. We rely on exact matching to compare workersdisplaced due to firm closure with similar non-displaced workers. We then use a differencein-difference strategy to...