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 …

In China, the employment rate among middle-aged and older urban residents is exceptionally low. For example, 27% of 55 … investigates potential explanations of this low level of employment in urban China. I document the stylized fact that a majority of … pension age from the status-quo to 60 would raise the employment rate of 50-59 year old women by 28 percentage points. …