This paper analyzes the impact of a reduction in women's labor supply through retirement on their informal care provision. Using SOEP data from the years 2001- 2016 the analysis addresses fundamental endogeneity problems by applying a fuzzy regression discontinuity design. We exploit early...

Long term care expenses represent a known unknown in retirement planning. A large majority of households will need some sort of long term care support as they age and costs for certain types of long term care, like nursing homes, can run over USD 100,000 per year. However, most families will not...

Leverage ratios, the ratio of a firm's debt to equity or assets, is a frequently used measure of firm risk, utilized by firms, analysts, and investors. However, pension and other post-retirement benefits (OPRB) are largely ignored in determining a firm's total liabilities. Similarly, pension and...

The effective tax on earnings embodied in the Social Security retirement earnings test has been as high as 50 percent. Surprisingly, among the numerous empirical studies that have examined the earnings test, there is little agreement about whether the earnings test affects elderly labor supply...

This book reviews recent trends, reforms and lessons learned in the 29 OECD countries as they relate to ageing. Recent reforms have been driven mainly by fiscal factors - to adjust systems such as pensions and long-term care to the ageing of the baby boom generation. This remains a main concern...