This paper looks at the evolution of the labour markets in Estonia, Latvia, and Lithuania since the beginning of transition (in some respects since 1996/1998) until 2003, with a particular focus on labour force participation. How did labour supply in the Baltic countries respond to changes in...

In this paper the authors examine the scope of cross-country variation in institutions related to social insurance. Building on the variation they find they assess the value of new micro data that is comparable across countries to help identify key parameters of individual behavior. They present...

What drives the labor supply decisions of the elderly in developing countries? To what extent do elderly parents use coresidence with or financial transfers from children to reduce their own labor supply in old age? These questions are increasingly important because populations in many...

This research note focuses on the labour supply decision in Sri Lanka of parents with the presence of pre-school children. For this study, 200 households with at least one pre-school child were surveyed. Women’s non-market time does not depend on their husband’s wage; but both...

CGE models are widely used for policy evaluation and impact analysis especially with respect to trade reforms, tax reforms, energy sector reform and development policy analysis. However, the results of such models are often argued to be sensitive to the choice of exogenous parameters such as...

This paper considers the potential relationship between providing care for grandchildren and retirement, among women nearing retirement age. Using 47,400 person-wave observations from the Health and Retirement Study (HRS), we find the arrival of a new grandchild is associated with a more than...

We explore trends over time in the labor force participation of veterans and non-veterans and investigate whether these patterns are consistent with a rising role for the Veterans’ Affairs Disability Compensation (DC) program, which pays benefits to veterans with service-connected disabilities...

Using data from the Japanese Panel Survey of Consumers (JPSC), this paper analyzes how the wage rates of married women are related to whether they take care of their and their husbands’ parents or not. We find that married women who earn higher wages tend not to take care of their own parents...

In the absence of a broad-based pension scheme, the elderly in developing countries may rely on monetary transfers made by their children and on their own labour supply. This paper examines whether monetary transfers from children help to reduce elderly parents’ need to work. Taking the...

This paper incorporates two empirically-grounded insights into a dynamic life cycle portfolio choice model: the fact that investors forego the opportunity to accumulate job-specific skills when they spend time managing their own money, and the observation that efficiency in financial decision...