Using 1977-79, 1994-96, and 2006-08 data from the Survey of Consumer Finances (SCF) and Survey of Labour and Income Dynamics (SLID), I conduct a decomposition analysis of senior poverty rates to determine whether changes in seniors' characteristics can help explain historical changes in senior...

In this paper I provide evidence that suggests selective retirement does not bias estimates of wage losses due to displacement. I estimate the magnitude of hourly wage losses faced by workers who are displaced when over the age of 50. I account for the self-selection of older workers into...

This paper examines the incentives for retirement imposed by Canada's public pension system. A series of simulations clearly illustrate the various components of the pension system that create incentives and disincentives among older Canadians for continued work. We find the largest work...

This paper proposes a theory of endogenous transmission of social status through signalling in the labour market. A signalling game is analysed, in which education, acting as a signalling good, determines one's position in society. The economy's degree of inequality is shown to be a determinant...

We compare the returns on education for graduates of postsecondary institutions who delayed their tertiary education for some time and those who proceeded with no delays. Using a unique survey that collects information on a representative cohort of graduates, we are able to estimate the effects...