October 2024
16Oct

Record-Breaking €1 Billion: Brazilians Boost Portugal’s Pension Fund Like Never Before!

In a remarkable achievement, Brazilian workers in Portugal contributed over 1 billion euros to the country’s social security system in 2023. This significant increase of 57% compared to 2022 highlights the vital role immigrants play in sustaining Portugal’s economy. But what does this mean for the future of labor in Portugal? Why Are Brazilian Workers Essential to Portugal’s Social Security System? Brazilian immigrants are becoming indispensable to Portugal’s economy. With local workers aging and fewer young people entering the labor market, how can...

October 16, 2024
News, ,
Read more...

September 2024
13Sep

Pensioners Without Borders: Agglomeration and the Migration Response to Taxation

By Salla Kalin, Antoine Levy & Mathilde Munoz  This paper investigates whether and why pensioners move across borders in response to tax rate differentials. In 2013, retirees relocating to Portugal became eligible to a full tax exemption of foreign-source pensions. Contrary to the broadly held belief that seniors "age in place", we find substantial international mobility responses to the reform, concentrated among wealthy and educated pensioners in higher-tax origin countries. The implied migration elasticity of the stock of foreign pensioners...

September 13, 2024
Articles, System Characterization, , ,
Read more...

July 2024
18Jul

Hong Kongers fleeing to Britain leave $5.1b trapped behind

Emigration has been top of mind for many residents after Hong Kong’s government in March passed Article 23, a domestic security law. For those moving to the UK, not being able to access their pension money has palpable financial impacts. “With Article 23, there will be more people trying to leave Hong Kong, more people trying to get early withdrawals to build their new lives, and more denials,” said Ms Megan Khoo, research and policy adviser at British-based activist group...

July 18, 2024
News, , ,
Read more...

April 2024
12Apr

Immigrant Workers Save Aging Economies But Face Financial Struggles In Their Senior Years

Immigrants support the economy of aging societies in many ways. They pay into social pension programs, which finance the lives of retirees. Many of them work in the care industry and directly serve older people, which reduces nursing home needs on a community level. Immigrants themselves also benefit economically from moving to a new country. At every education level, they typically enter the labor market with lower wages than native-born citizens do, but eventually catch up over time. However, my recent study has revealed that things look...

April 12, 2024
News,
Read more...
05Apr

The Effects of Environmental Distress on Labor Markets: Evidence from Brazil

By Danae Hernandez-Cortes & Sophie Mathes This article documents how environmental distress affects individual-level labor market outcomes in Latin America’s largest economy. We collect data on a broad range of environmental distress events namely heat waves, floods, fires, and droughts, and combine these with uniquely rich administrative information covering the universe of formal employment in Brazil from 2003 to 2017. We find heterogeneous labor effects in response to environmental distress. We find that heat waves disrupt employment, increasing retirement rates...

April 5, 2024
Articles, Labor Market, , , ,
Read more...

March 2024
22Mar

Fertility, mortality, migration, and population scenarios for 195 countries and territories from 2017 to 2100: a forecasting analysis for the Global Burden of Disease Study

By Prof Stein Emil Vollset, DrPH, Emily Goren, PhD, Chun-Wei Yuan, PhD, Jackie Cao, MS, Amanda E Smith, MPA, Thomas Hsiao, BS, Catherine Bisignano, MPH, Gulrez S Azhar, PhD, Emma Castro, MS, Julian Chalek, BS, Andrew J Dolgert, PhD, Tahvi Frank, MPH, Kai Fukutaki, BA, Prof Simon I Hay, FMedSci, Prof Rafael Lozano, MD, Prof Ali H Mokdad, PhD, Vishnu Nandakumar, MS, Maxwell Pierce, BS, Martin Pletcher, BS, Toshana Robalik, BSc, Krista M Steuben, MS, Han Yong Wunrow, BSc,...

March 22, 2024
Aging, Books, Books, Reports, ,
Read more...

January 2024
09Jan

The EU Loses About a Million Workers Per Year Due to Aging. Migration Official Urges Legal Options

The European Union’s top official for migration said Monday that member states will have to confront tough policy challenges — even in the current election year – to cope with the continent’s aging population. Ylva Johansson, the EU home affairs commissioner, said there was a pressing need to shift away from illegal migration and find more legitimate alternatives. “For demographic reasons, the population of working age in the EU will decrease by 1 million per year. It is decreasing by 1 million per...

January 9, 2024
News, ,
Read more...

December 2023
15Dec

Working Without Borders: The Promise and Peril of Online Gig Work

By Datta Namita,Rong Chen, Singh Sunamika, Stinshoff Clara, Iacob Nadina, Nigatu Natnael Simachew, Nxumalo Mpumelelo & Klimaviciute Luka Online gig work poses both opportunities and challenges for governments and workers. On the upside, it offers prospects for income generation, especially in developing countries, where most people work in low-productivity, low-quality, often informal jobs. The virtual and often temporary nature of gig work also provides flexibility for often neglected groups such as women, youth, migrants, and people with disabilities. These jobs...

December 15, 2023
Books, Books, Labor Market, Reports, , ,
Read more...
15Dec

The Employment Landscape of Older Migrant Workers in China’s Aging Society: The Role of City-Level and Industry Specialization

By Haobin Fan & Ting Zhang As China’s population ages, more older workers are participating in the labor market, including a significant number of older migrant workers moving to urban areas. However, surprisingly little research has been done on their destination city and employment patterns. This paper addresses this gap by investigating the impact of city-level and industry specialization on the employment prospects of older migrant workers. Using both individual- and city-level data, we find that unlike prime-age migrant workers, older migrant workers have higher...

December 15, 2023
Articles, Labor Market, , , ,
Read more...

June 2023
20Jun

Germany set to introduce ‘one of the most modern immigration laws in the world’

What’s going on? Germany's long-debated Skilled Worker Immigration Act aims to make it easier and faster for skilled foreign workers from non-EU countries to come to the country, to help plug the growing labour shortage. The reforms announced in March include loosening Blue Card rules and introducing a points-based immigration system. The urgency for the reforms was made clear in the latest report by the Institute of German Economy (IW) released in April, according to which the skills gap in Germany...

June 20, 2023
News, ,
Read more...