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We study job retention rates - the shares of workers who continue to work in the same job over the next five years - in Czechia, Hungary, Poland and Slovakia. Job retention among older workers is key to prolonging careers and increasing employment of older people which in turn is a crucial...
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This paper estimates the fiscal burden of the Pay-As-You-Go (PAYGO) civil service pension systems that were closed in … 2008 to new members in North Cyprus. At that time, a new pension system was introduced for the newly hired government … contributions and the pension benefits. This approach measures the government's net liabilities related to the accruals of the …
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The United Kingdom allowed workers from the ten new European Union member countries immediate access to its labor market after the accession in 2004. This paper uses a general equilibrium framework to explore the dynamic adjustment of the UK economy to the postaccession surge in immigration....
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This paper reviews the Mexican experience with the securitization of residential mortgages. It highlights the key legislative and institutional reforms leading to the development of primary and secondary mortgage markets and reports the main features and valuation practices of the RMBS markets....
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