By Louis Compton, Magdalena Walbaum, David R. Sinclair, Gemma Spiers, Barbara Hanratty, Raphael Wittenberg Background: The UK aimed to prolong the working lives of women by introduced a policy raising women’s state pension age (SPA) from 60 to 66. The impact of involuntary prolonged employment on individual’s health and well-being is debated. We explore how […]

By Brian Peters The Chinese current-account surplus has averaged approximately 2 percent of GDP since 2015, declining from a 2007 peak near 10 percent yet remaining far above what its income level and demographic structure would predict in a global panel. We estimate this gap as the residual against the income-conditional demographic baseline fitted on […]

By Vanya Horneff, Raimond Maurer, Olivia S. Mitchell, Julius Odenbreit Nursing home costs in the United States now exceed $100,000 per year, and government assistance programs such as Medicaid help out only when retirees are largely destitute. Moreover, health shocks driving the need for such care can arise suddenly in old age, are frequently permanent […]

Mexico is entering a defining period in its economic trajectory. Not because its structural challenges have disappeared – they have not – but because several long-term trends are beginning to reinforce one another at the same time: the reorganisation of global supply chains, the growing fragmentation of international trade, renewed emphasis on infrastructure investment, and […]

Even if some retirees do not know how their retirement assets are allocated, a consensus among workplace plan participants is they will need more than $1 million for retirement when it is time to cash out. Schroders PLC’s 2026 US Retirement Survey, which surveyed 1,500 U.S. investors nationwide from ages 30 through 79, including 382 […]

The concept of “trapped” defined benefit pension scheme surplus has moved quickly from theoretical issue to mainstream policy question. Many DB schemes are now better funded than they were only a few years ago, and the Government is seeking to make it easier for well-funded on-going schemes to share surplus with sponsoring employers and members. […]

The number of German baby boomers receiving pensions has risen to around 6 million, including 1.1 million who retired before reaching the statutory retirement age, according to a new study by the German Economic Institute (IW). The employer-backed research institute said that the trend is likely to continue unless policymakers introduce reforms, adding to the […]