It is important that our travel be organized in an efficient way. One way to achieve this is to provide travelers with a trip planner that produces efficient travel itineraries for them. It is desired that a trip planner possess the following features in order to be useful: be able to handle...

This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will...

Recent changes in retirement trends and patterns have raised questions about the likely retirement behavior of baby boomers, the large cohort born between 1946 and 1964. This study compares the retirement expectations of workers ages 51 to 56 in 2004 (who were born between 1948 and 1953, the...

As the baby boom cohort reaches retirement age, demographic pressures on public programs such as Social Security may cause policy makers to cut benefits and encourage employment at later ages. This prospect raises the question of how much employer demand exists for older workers. This paper...

Spain’s housing boom was supported by rapid economic expansion, strong employment growth, an immigration boom, and low real interest rates. With the abrupt drying up of funding since mid-2007, these factors have eroded quickly. Through 2010, employment and value added in construction are...

We use information from Social Security earnings records to examine the accuracy of survey responses regarding participation in tax-deferred pension plans. As employer-provided defined benefit pensions are replaced by voluntary contribution plans, employees’ understanding of the link between...

Desde hace varios años el Ministerio de Trabajo, Empleo y Seguridad Social de la República Argentina ha decidido hacer uso de las tecnologías de la Información y de la Comunicación (TICs) para mejorar las condiciones de vida de los trabajadores, ampliar las posibilidades del mercado laboral...

The recovery of U.S. housing construction paused during the first half of 2013. Stronger growth is likely to resume in the near term. But over the long term, home construction is likely to contract as aging baby boomers downsize.

Underemployment is a serious and pervasive problem both in terms of its impact on those individuals affected, and for the economy as a whole. International research has found that those who experience periods of underemployment are more likely to have lower job satisfaction, higher job turnover,...