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We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement...
Persistent link: https://www.econbiz.de/10014251290
We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period 1970 - 2011 and explicitly analyze the effects of unemployment and labor market institutions on suicide rates. In line with a large body of literature our results suggest that...
Persistent link: https://www.econbiz.de/10010375378
This paper is intended to make a contribution to the empirical literature explaining the rise of unemployment since the 1970s in western economies by means of interactions between shocks and institutions. The contribution is twofold. First, the impact of a general feature of developed economies...
Persistent link: https://www.econbiz.de/10011514145
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10010431297
In many policy areas it is essential to use the best estimates of life expectancy, but it is vital to most areas of pension policy. This paper presents the conceptual differences between static period and dynamic cohort mortality tables, estimates the differences in life expectancy for Portugal...
Persistent link: https://www.econbiz.de/10011931452
Prefunding of pension commitments in OECD economies is increasingly seen as a central strategy to cope with the aging …
Persistent link: https://www.econbiz.de/10009781581
Persistent link: https://www.econbiz.de/10013261034
and growth, whose simulations match our empirical findings. The current trend of population aging and reduced fertility is …
Persistent link: https://www.econbiz.de/10011457979
Persistent link: https://www.econbiz.de/10003630859