Do older workers change their labor supply in response to unexpected housing wealth losses (or gains)? Housing wealth is the largest component in most older Americans' portfolios, and they may seek to recoup losses by working longer to help smooth consumption in retirement. Despite its...

This paper uses cross-country macroeconomic empirical evidence among OECD countries to examine possible non-linear effects on employment of raising the minimum wage, in particular that marginal disemployment effects become larger when the initial minimum wage is already high. Some evidence is...

Using population-level administrative data, we study labor market externalities stemming from age-specific employment protection legislation (EPL) targeted towards older workers. Our results show no economically meaningful overall effects of the EPL on employment or earnings of either men or...

Using population-level administrative data, we study labor market externalities stemming from age-specific employment protection legislation (EPL) targeted towards older workers. Our results show no economically meaningful overall effects of the EPL on employment or earnings of either men or...

In many countries, age discrimination appears to be driven by negative perceptions that recruiters stereotypically hold about older candidates' technological skills, trainability, and flexibility. Based on human capital, signalling, and screening theories, we hypothesise that training programmes...

Technological progress may be less beneficial for older workers than younger workers. In this paper, we empirically examine the impact of technological change on the wage share of older workers. More specifically, we look at five different types of technological advancement using data from 30...

In Asia, aging countries with slow population growth worry about a lack of workers in the future and see older people's labor as a potential solution. However, this leaves out the work that many older people already do-unpaid care work. Drawing on data from Bangladesh, India, Mongolia, and...

Current demographic changes require greater participation of people aged 50 or older in the labour market. Previous research shows that the chances of returning to employment decrease with the length of the unemployment period. In the case of older people who have not reached the statutory...

This paper investigates the retirement response to the pandemic and to the resulting acceleration in the adoption of new technologies. Using the European Union Statistics of Income and Living Conditions datasets and leveraging the natural experiment of many workers being forced to work from home...

The note first discusses the main pillars of financial securityat older ages before focusing on the status of contributory and noncontributory (orsocial) pension systems in developing countries. It highlights worrying under-coverage ofcontributory pension systems in the face of persistent labor...

This report contains a case study for the Study supporting the Impact assessment of the future European Social Fund proposal. Achieving structural change: conditions for success in the areas of ESF intervention. The reform under assessment examines the policies for improving employability of...

Faced with fiscal pressures and labor shortages from ageing populations, Advanced Economies need to ease obstacles to longer working lives. In this paper, we discuss recent developments in employment and activity of workers aged 55 and above in Spain and the UK-two countries that differ widely...

We analyze explicit age discrimination in hiring decisions and job seekers' responses in the Chinese labor market, using a large-scale dataset of job postings with ad-level group characteristics of applicants. In nearly 48% of postings, employers explicitly exclude certain age groups, with...

The Chinese government announced the pilot of public long-term care insurance (LTCI) policy in 2016. While most studies focus on LTCI's effects on labor supply and retirement behavior, its effect on retirement intentions, which offer certain advantages over actual behavior, remains unclear. This...

This study quantitatively examined the role of middle-aged and older professionals in innovation. Using data from 126 domestic startups obtained through a proprietary survey, we investigated the relationship between age diversity among startup founders and innovation performance. This study...

Die Erwerbsbeteiligungsquote der Über-65-Jährigen in Deutschland liegt merklich unter dem Durchschnitt der OECD-Staaten. Um die Erwerbsbeteiligung älterer Menschen zu steigern, wären folgende Maßnahmen denkbar: eine Erhöhung der Abschläge und Zuschläge bei Renteneintritt vor oder nach...

Since 2004 six states plus Washington, DC have implemented laws that provide paid leave benefits to workers caring for family members who have a disability or serious medical condition. Focusing on the most established state programs - California and New Jersey - this paper investigates whether...

A rich literature has studied the effect of job insecurity on health. However the causal link between these two variables remains unclear. We study the relationship between perceived job insecurity and health using longitudinal data on around 30 thousand older workers from 20 European countries...

Many OECD countries have, or have had, a policy that exempts older unemployed people from the requirement to search for a job. An aging population and low participation by older workers in the labor market increasingly put public finances under strain, and spur calls for policy measures that...