We compare the long-term output and current account effects of pension reforms that increase the retirement age with … a policy trade-off. Pension reforms that increase the retirement age have a large positive effect on output, but a small …

longer and birth rates have declined. Postponing the full retirement age (FRA), when retirees are entitled to full pension …

The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime …

endogenous retirement, economic growth, and social welfare by employing a two-period OLG model. We find that increasing labor …

timing of retirement. Using detailed longitudinal population register data 1982–2010, we track first-time enrollees in higher … large effects. Tentative calculations indicate that if enrollment occurs at age 42, the retirement delay represents about …

consequences for decision-making in old age. Using data from China, we examine how a new retirement program affects cognitive … that the program leads to larger negative impacts among women. We demonstrate that retirement and access to a retirement …

consequences for decision-making in old age. Using data from China, we examine how a new retirement program affects cognitive … that the program leads to larger negative impacts among women. We demonstrate that retirement and access to a retirement …

To design an optimal education policy, it is essential to account for the fertility differential between the poor and … economy. It is very important to consider general equilibrium effects because the change in either fertility behavior or … fertility behavior, especially differential fertility substantially underestimates the role of credit constraints in the economy …