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We study the labor supply effects and welfare implications of introducing a universal means-tested old-age assistance program in times of very limited social protection. We take advantage of a unique historical reform: The Old-Age Pension Act (OPA) of 1908, which, for the first time, provided...
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This paper examines the implications of providing care to elderly parents for adult children's retirement plans using … microdata from a Japanese survey. We find no significant effect of caregiving on family caregivers' planned retirement age if we … do not take into account caregiving intensity but find a negative and significant effect on retirement plans for …
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