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 between young full-time workers and elderly workers,...

The purpose of this paper is to estimate with the help of econometric methods, how sensitive the labour supply of elderly is to the changes in the pension system. We first analyze how a hypothetical increase of pension eligibility age would influence the economic activity of such individuals....

Population ageing and growing deficit of Russian pension system place on the agenda an issue of increasing pension age. The article reviews international practices of regulating pension ages. Authors critically discuss the pros and cons of increasing pension ages in Russia from perspectives of...

In recent years the problem of the increased number of pensioners and longer lifespan made motivation of elderly to work longer and retire later a very important objective in Russia. This article presents the results of the analysis of the factors that influence elderly's decision to retiree....

Retirement system reforms such as postponing retirement age in law are needed in China because of its rapid population aging. The overquick aging will result in both shortage of labor force supply and incubus of the social security system. The Chinese government acknowledged the negative...

Pension reforms that raise minimum retirement age increase the pool of senior individuals aged 50+ who are not eligible to retire from the labour market. Using data from Italian provinces and regions and an instrumental variable strategy, we estimate the effects of local changes in the supply of...

Pension reforms that raise minimum retirement age increase the pool of senior individuals aged 50+ who are not eligible to retire from the labour market. Using data from Italian provinces and regions and an instrumental variable strategy, we estimate the effects of local changes in the supply of...

In this paper, we assess the impact of firms introducing part-time work schemes for gradual labour market exit of elderly workers on their employees' labour market outcomes. The analysis is based on unique linked employer-employee data that combine high-quality survey and administrative data....

This study investigates the crowding out effect among old and young workers in the Hungarian public sector, using job-level data. The analysis improves upon analyses based on aggregate data by considering the levels of employment for various labour types and the employment opportunities and...