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In this paper we address the long-run effects of childhood shocks on health in late adulthood. Applying a life-course approach and data from SHARE we estimate direct and indirect effects of shocks like relocation, dispossession, or hunger on health outcomes after age fifty. Having lived in a...
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There are theoretical foundations which allow hypothesizing on a positive association of life expectancy or retirement age with income. If both cannot be falsified, the relationship of income and the internal rate of return of a public pension system is not straight forward. By application of a...
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the U.S. and Europe. Based on data from 2003 to 2017, we show that a portfolio long in stocks with the highest ESG scores …
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Various polls reveal that Europeans, even if aware of the looming pension crisis, generally resist pension reforms. In this research report, we show that resistance may be general but it is not uniform. People may oppose reforms but they reject different components of the reform proposals...
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