This study aimed to estimate the work capacity of older Indonesians based on their health condition and other characteristics. Two analytic methods were used in this analysis-the Milligan-Wise method and the Cutler-Meara- Richards-Shubik method-and they found relatively small and substantial...

This study documents increased intergenerational support for elderly parents in China among adults who were exposed to the "Later, Longer, Fewer" (LLF) family planning campaign in the 1970s. Using the China Health and Retirement Longitudinal Study, we identify adults of childbearing age whose...

Numerous researchers acknowledge that the occupational pension protects employees. However, in China, the total cost of occupational pensions is shared between employees and employers, representing a significant financial commitment. This study aimed to explore the effect of the occupational...

This paper analyzes the effects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector. Emerging countries usually have a more significant informal sector than advanced ones. The findings based on the Thai economy data...

As populations in Asia and Europe face unprecedented levels of ageing, the demand for long-term care (LTC) is escalating, thereby challenging the sustainability of social protection systems. This paper employs a novel dynamic microsimulation model to project LTC demand and supply in Austria and...

Estimates of social insurance pension wealth are available for a number of Western economies, including Austria for the year 2017. Such wealth may be compared with conventional wealth in terms of size and distribution and when we add such estimates to measures of wealth in the conventional...

Using an artefactual field experiment, we elicit revealed preferences for solidarity of different age groups towards the same and other age groups among a large and heterogeneous sample of the Dutch population. Preferences are elicited with a solidarity game and linked to a rich and unique...

This paper examines the impact of banking digitalization in Spain, focusing on the consequences of branch closures and digital barriers for financial inclusion. Using panel data from the Survey on Equipment and Use of Information and Communication Technologies in Households (2017-2021), a logit...

This report is one of two reports on the management of pension wealth in retirement conducted as part of the Pensions Review, led by the Institute for Fiscal Studies in partnership with the abrdn Financial Fairness Trust. In this report, we examine the decisions that older individuals face as...

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...

Using an artefactual field experiment, we elicit revealed preferences for solidarity of different age groups toward the same and other age groups among a large, diverse Dutch population sample. Preferences are measured with a solidarity game and linked to a unique administrative database,...

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...

Assistance with daily activities is crucial for persons living with dementia and disabilities, yet many face significant challenges in accessing adequate care and support. Using harmonized longitudinal survey data (2012-2018) from the United States, England, 18 European countries and Israel, and...

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...

Population ageing will reshape economies around the world, with particular implications for longterm care (LTC) systems. As a result of past fertility decline, reflected in high levels of childlessness and smaller family networks, the growing demand for care is confronted by a declining supply...

This paper describes a novel method for the comparative estimation of long-term care needs, care arrangements and care gaps. Our approach generalizes an Austrian administrative procedure for the assessment of care needs and uses data from the Survey of Health, Ageing and Retirement in Europe...

The German universal long-term care (LTC) insurance program offers beneficiaries the choice between in-kind services and a cash benefit, which can be used for anything, including informal care. The optimal level of the cash benefit de- pends on substitution between formal and informal care...

The German universal long-term care (LTC) insurance program offers beneficiaries the choice between in-kind services and a cash benefit, which can be used for anything, including informal care. The optimal level of the cash benefit depends on substitution between formal and informal care...

This report examines the state of pension and social insurance systems globally, focusing on old-age income protection. It analyzes expenditure, coverage, adequacy of benefits, and sustainability of both contributory and non-contributory pension schemes. The report highlights the impact of...

Russia's Maternity Capital program, launched in 2007, is a key policy with an obvious pronatalist focus aimed at countering the country's long-term depopulation trend by encouraging families to have more children. Initially, providing financial incentives for second and subsequent births. The...

Assistance with daily activities is crucial for persons living with dementia and disabilities, yet many face significant challenges in accessing adequate care and support. Using harmonized longitudinal survey data (2012-2018) from the United States, England, 18 European countries and Israel, and...