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As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...
Persistent link: https://www.econbiz.de/10009769652
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increased risk that they encounter a sharp fall in their wages. People who tend to be particularly affected are the low … measures that aim to avoid credit overexpansion are two policies that can improve the links of private debt with labour income … growth and risk. Overall, the evidence in this paper points to finance as one factor behind wage stagnation and the social …
Persistent link: https://www.econbiz.de/10012421215
Many OECD governments have enacted, or are contemplating, future increases in statutory pension ages, sometimes provoking vociferous political opposition. Empirical cross-country estimation work consistently finds that coefficients on statutory pension ages are positive and highly statistically...
Persistent link: https://www.econbiz.de/10012304415
A decomposition of changes to participation rates of 55-to-74 year-olds between 2002 and 2017 based on an estimated equation attributes more than two thirds of the median increase (of 10.9 percentage points) to rising life expectancy and educational attainment. About 1 percentage point is...
Persistent link: https://www.econbiz.de/10012111057
and improve financial support for students from low-income families in tertiary education are welcome. There is scope to …
Persistent link: https://www.econbiz.de/10011399352
of future pension benefits to members of DC plans, and especially to present a pension risk simulator developed by the …
Persistent link: https://www.econbiz.de/10009684018
Persistent link: https://www.econbiz.de/10000920743
Based on an in-depth literature review and responses to a survey among OECD member countries, this paper discusses the use of flexibility mechanisms in environmental regulations. Such mechanisms can provide flexibility as to how a given environmental improvement is achieved, regarding where...
Persistent link: https://www.econbiz.de/10012103052
"This report has two objectives. It assesses the nature and the extent of vulnerability among rural households in Tanzania with a particular focus on smallholder cash crop growers through exploring all risks, including the decline in commodity prices. It further explores the potential role for...
Persistent link: https://www.econbiz.de/10003600547