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We study the effects of the COVID-19 pandemic and the pension policy response on the private and public pension systems of Peru. We find that the policies allowing early withdrawals from the private pension balances imply a significant reduction in expected pension wealth by about 40 people, yet...
Persistent link: https://www.econbiz.de/10014494254
Using an impact evaluation methodology for interrupted time-series and the IDB Pension Projection Model, this study estimates that the COVID-19 pandemic could have notably effects on the private pension system in El Salvador as a consequence of the relaxation of requirements to repay early...
Persistent link: https://www.econbiz.de/10014494324
, in particular of public pensions. Current costs are high, and the pressures will increase due to population aging and …
Persistent link: https://www.econbiz.de/10013085008
This paper pursues a scenario analysis to shed light on past and potential future labour supply and labour demand dynamics of different skill groups in the six Western Balkan countries (WB6). It differentiates between four educational levels (low, medium-general, medium-VET, and high) and looks...
Persistent link: https://www.econbiz.de/10012544925
Health and longevity have increased substantially over the last 50 years, yet the labor force participation of older men has declined in most developed countries. We use mortality as a measure of health to assess the capacity to work at older ages in 12 OECD countries. For a given level of...
Persistent link: https://www.econbiz.de/10013090626
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Recreation prices and hours worked have both fallen over the last century. We construct a macroeconomic model with general preferences that allows for trending recreation prices, wages, and work hours along a balanced-growth path. Estimating the model using aggregate data from OECD countries, we...
Persistent link: https://www.econbiz.de/10013305772
Many western industrialized countries face strong budgetary pressures due to the aging of the baby boom generations and …
Persistent link: https://www.econbiz.de/10013310164