The objective of the paper is to summarize labor market implications of population aging and to discuss policy options to increase the employment of old workers. The paper argues that population aging and ensuing shrinking of the workforce will create a significant drag on the economies of...

Combining information from the firm survey of labor costs with the information about claims filed with the Guarantee Fund by workers whose employers defaulted on their severance pay obligations, the paper analyzes the so-called non-performance problem of severance pay - the fact that coverage,...