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🦜 Economics of Ageing

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Economics of Ageing

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The design of insurance contracts for home versus nursing home Long-Term Care

Published: April 29, 2024 00:00

We study the design of optimal (private and/or social) insurance schemes for formal home care and institutional care. We consider a three period model. Individuals are either in good health, lightly dependent or heavily dependent. Lightly dependent…

Addressing demographic headwinds in Japan: A long-term perspective

Published: April 24, 2024 00:00

Japan faces serious demographic headwinds. Under current fertility, employment and immigration rates, the population would fall by 45% by 2100 and employment by 52%. Given the challenges of a shrinking and ageing population, the government has pledged to…

Predicting Full Retirement Attainment of NBA Players

Published: April 20, 2024 00:00

The aim of this analysis is to predict whether an NBA player will be active in the league for at least 10 years so as to be qualified for NBA’s full retirement scheme which allows for the maximum benefit payable by law. We collected per game statistics…

Advanced practice nursing in primary care in OECD countries: Recent developments and persisting implementation challenges

Published: April 15, 2024 00:00

The pandemic has stimulated growing interest in using advanced practice nurses such as Nurse Practitioners (NPs) to address growing primary care needs linked to population ageing and more people living with chronic conditions, although not all countries…

Life Course Heterogeneity and the Future Labour Force – a Dynamic Microsimulation Analysis for Austria

Published: April 15, 2024 00:00

Capturing the heterogeneity of life courses improves the accuracy, detail and policy relevance of population and labour force projections. Our study uses the microsimulation model microDEMS for Austria, which simulates individual life courses at a high…

Assessing the Labour Supply Effect of Harmonising Regular Retirement Age in Austria

Published: March 28, 2024 00:00

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…

Can Labor Market Imperfections Motivate the Implementation of an Income-Based Pension System?

Published: March 26, 2024 00:00

This paper concerns the timing of taxation in an economy with trade unions. By using insights from the industrial organization literature, we show within the framework of an overlapping generations model where agents work in the first period of life and…

Labor Market Adjustments to Population Decline: A Historical Macroeconomic Perspective, 1875-2019

Published: March 15, 2024 00:00

"Advanced economies will face population decline in the years and decades to come, particularly among those of working age. Yet, there is little empirical evidence of corresponding labor market implications. Tackling this shortcoming from a historical…