This paper examines reform measures for the National Pension System, analyzing their fiscal impacts. Despite past reforms adjusting contribution and replacement rates, the system faces ongoing sustainability challenges. We forecast that the reserve fund, peaking at 1,972.0 trillion KRW in 2039,...

Education is an important tool used to equip knowledge and pursue self-improvement, which may affect intergenerational social class mobility through human capital accumulation. Using 8014 mixed cross-section samples from the 2017, 2018 and 2021 China General Social Survey (CGSS), an...

We estimate the intergenerational effects of compulsory schooling (CS) laws in the United States (1875 to 1940), exploiting the staggered roll-out of state CS laws and using difference-in-differences and instrumental variable (IV) approaches in a linked panel of full-count US census data....

This study provides a comprehensive analysis of the generational wealth transfer within Sweden's public pay-as-you-go pension system introduced in 1960. Using extensive administrative registers, the paper quantifies the contributions made and benefits received by each birth cohort. The findings...

A smooth transition from apprenticeship to standard employment is a key step in the professional biographies of apprenticeship graduates. In this study, the transition of apprenticeship graduates from households that receive unemployment benefits are considered. These graduates are thought to be...