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...

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...

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...

The Philippines has introduced initiatives to attract retirement migrants, including visa and residence permit programs and various incentives. Central to these efforts is the Special Resident Retiree's Visa (SRRV), managed by the Philippine Retirement Authority (PRA). The SRRV offers a...

Publicly funded pension systems are facing the challenge of remaining financially sustainable without lowering pensions. Raising the statutory retirement age gradually in line with the increase in life expectancy has been a key measure to solve the problem. The implicit assumption is that the...

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...

In Germany, as in many other countries in the western world, the baby boomers are reaching retirement age. As fewer young workers are entering the labour market than older workers are leaving due to low birth rates, the labour force workers is falling, all other things being equal. At the same...

The demographic change offers a number of challenges as well as opportunities People get to know their grandparents and, in many cases, even their great-grandparents, thus enriching family lives. But it is clear that a society and political economy designed for a radically lower life expectancy...

The demographic change offers a number of challenges as well as opportunities People get to know their grandparents and, in many cases, even their great-grandparents, thus enriching family lives. But it is clear that a society and political economy designed for a radically lower life expectancy...

In the Republic of Korea, middle-aged and older workers experience unusually high job insecurity due to limited labor demand for them. To address this issue, labor market policies and practices must be reformed to make it easier for firms to hire these workers as regular employees. Instead of...

Aging populations strain pension systems, prompting policymakers to introduce partial retirement schemes to incentivize workers to retire later. I study the impact of introducing partial retirement within collective bargaining agreements in Sweden's manufacturing sector in 2013. Merging...

The aim of this study is to assess the impact of the ongoing harmonisation of the retirement age for women with that for men on women's labour supply in Austria. According to the current legal framework, the standard retirement age for women will be gradually raised from 60 to 65 years from 2024...

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...