This paper examines the effect of increased elderly employment in Japan, caused by the legal obligation of continued employment enacted in 2006, on employment of other workers and elderly’s own earnings. I find no evidence for substitution between young full-time workers and elderly workers,...

Externalities in leisure are considered an important reason for partners' joint retirement. This study quantifies the extent to which partners actually spend more leisure time "together" at retirement. Exploiting legal retirement age in France, we identify the effect of retirement on partners'...

Aging is the foremost challenge in recent times, given the demographic shift in populations across the world. It implies the costs of healthcare burden and involves economic and social security challenges through shortage of labor supply, consumption-saving paradox, increase in expenditure on...