Showing 1 - 10 of 13
We use firm closure data from social security records for Austria 1978-1998 to investigate the effect of age on employment prospects. We rely on exact matching to compare workers displaced due to firm closure with similar non-displaced workers. We then use a difference-in-difference strategy to...
Persistent link: https://www.econbiz.de/10005666404
current and future policy discussions. It describes the aging of the British population over this century, the reasons and … major effects: the aging of the workforce, increasing numbers over retirement age, especially since the nineteen fifties …
Persistent link: https://www.econbiz.de/10005667008
Conventional economic wisdom suggests because of the aging process, social security systems will have to be retrenched … under aging in France, Italy, the UK, and the US. Simulations for the year 2050 steady state demographic, economic and … negative income effect induced by aging, which reduces the profitability of the existing social security system, and thus the …
Persistent link: https://www.econbiz.de/10005792455
Employing a variant of GARP, we study consistency in aging by comparing the choices of younger adults (YA) and older …
Persistent link: https://www.econbiz.de/10011186610
The aging of the populations of all developed nations over the next 40 years will have an important impact on welfare … developments into the next century. A range of possible policy responses to the increased cost of an aging population is considered … slight; the most effective way of coping with the cost of an aging population is by ensuring that the long-run rate of …
Persistent link: https://www.econbiz.de/10005281401
This study investigates the labour force behaviour of older married couples in Germany. Monthly observations from the first 11 waves of the German Socio-Economic Panel (GSOEP) are used to describe and analyse the relationship between the labour force behaviour of husbands and wives. The...
Persistent link: https://www.econbiz.de/10005656456
We document and study international differences in both ownership and holdings of stocks, private businesses, homes, and mortgages among households aged fifty or more in thirteen countries, using new and comparable survey data. We employ counterfactual techniques to decompose observed...
Persistent link: https://www.econbiz.de/10008642873
There is a well-established positive correlation between life-satisfaction measures and income in individual level cross-sectional data. This paper attempts to provide some evidence on whether this correlation reflects causality running from money to happiness. I use industry wage differentials...
Persistent link: https://www.econbiz.de/10009643510
This paper experimentally studies the effects of competition in an environment where people's actions can not be contractually fixed. We find that, in comparison with no competition, the presence of competition does neither increase efficiency nor does it yield any gains in earnings for the...
Persistent link: https://www.econbiz.de/10005123778
Who records the largest drops in life satisfaction when they move into unemployment? Do men experience a larger drop in life satisfaction than women? Do Australians and Americans record a larger drop than Europeans? Using an Australian panel data-set (the Household Income and Labour Dynamics...
Persistent link: https://www.econbiz.de/10005032810