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The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account. We build a model of a closed economy inhabited by...
Persistent link: https://www.econbiz.de/10010528342
This paper presents new evidence on how demography affects attitudes toward democracy and policy preferences. The empirical analysis disentangles age effects from cohort effects and separates their role from economic and political factors that shape political preferences in a given period, using...
Persistent link: https://www.econbiz.de/10012803695
bloc and in other countries around the world. Additional findings document that demography's effect partly captures …
Persistent link: https://www.econbiz.de/10013366771
throughout much of the world. Expansions of labor supply due to improvements in functional capacity among older people can …
Persistent link: https://www.econbiz.de/10014332127
This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and … which accommodates the possible presence of economies or diseconomies of scale from marriage. We show that a scenario of … higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of …
Persistent link: https://www.econbiz.de/10003997600
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
I build an equilibrium investment-and-marriage model to explain stylized facts about education, income, and marriage … fecundity and an equilibrium marriage market form the basis of my explanation. The model also accounts for gender …-specific relationships between age at marriage and income, as well as the evolving relationship between age at marriage and spousal income …
Persistent link: https://www.econbiz.de/10012110230
the World Values Survey to address a potential connection between trust and age. In this chapter, we will mainly focus on … development of trust in adulthood. The former indicate a steady rise in trust levels at a small rate when becoming older, whereas …
Persistent link: https://www.econbiz.de/10011298524
This paper discusses the relationship between medical innovations and ageing from a health economics perspective and surveys empirical evidence on medical R&D incentives, R&D costs of pharmaceuticals, and the cost-effectiveness of health innovations. Particular focus is on the endogeneity of...
Persistent link: https://www.econbiz.de/10012653346
This research empirically establishes the hypothesis that the process of population aging in a society as a whole affects the attitudes of its members towards immigration. Hence, an aging social environment exerts an effect on the attitudes of individuals towards immigration after accounting for...
Persistent link: https://www.econbiz.de/10011987957