July 2019

Aging and Work in the 21st Century

By Kenneth S Shultz (Editor), Gary A Adams Aging and Work in the 21st Century, 2nd edition, reviews, summarizes, and integrates existing literature from various disciplines with regard to aging and work, but with a focus on recent advances in the field. Chapter authors, all leading experts within their respective areas, provide recommendations for future research, practice, and/or public policy. Fully revised and updated, the second edition takes up many of the same critical topics addressed in the...

Reconstructing Retirement: Work and Welfare in the UK and USA

By David Lain In the United Kingdom, retirement programs are being reconstructed to follow the American practice of abolishing mandatory retirement and increasing state pension ages. This timely book compares prospects for work and retirement at age sixty five-plus in both the United States and the United Kingdom. After exploring the shifting logic behind both nations' policies--policies that increase both the need and opportunities to work past age sixty five--David Lain presents an original comparative statistical analysis on the...

U.S. Public Pension Handbook: A Comprehensive Guide for Trustees and Investment Staff

By Von M Hughes In an ever-changing financial and political landscape, your job as a public pension fiduciary continues to get more difficult. Now, you have the help you need. U.S. Public Pension Handbook is the only one-stop resource that covers the various areas of public pension policy design, governance, investment management, infrastructure, accounting, and law. This comprehensive guide presents critical data, information, and insights in topic-specific, easy-to-understand ways--providing the knowledge you need to elevate your expertise...

The Evolution of Retirement Incentives in the U.S.

By Courtney Coile Program Employment rates of older men and women in the U.S. have been rising for the past several decades. Over the same period, there have been significant changes in Social Security and private pensions, which may have contributed to this trend. In this study, we examine how the financial incentive to work at older ages has evolved since 1980 as a result of changes in Social Security and private pensions. We find that the implicit tax on...

Retirement Home? Ageing Migrant Workers in France and the Question of Return

By Alistair Hunter This open access book offers new insights into the ageing-migration nexus and the nature of home. Documenting the hidden world of France's migrant worker hostels, it explores why older North and West African men continue to live past retirement age in this sub-standard housing. Conventional wisdom holds that at retirement labour migrants ought to instead return to their families in home countries, where their French pensions would have far greater purchasing power. This paradox is...

Digitalization and the Future of Work: Macroeconomic Consequences

By Melanie Arntz, Terry Gregory, Ulrich Zierahn Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex tasks are automatable at a precision which seemed infeasible only few years ago. The examples range from voice and image recognition, playing Go, to self-driving vehicles. Machines are able...

June 2019

Evolving Eldercare in Contemporary China: Two Generations, One Decision (Series in Asian Labor and Welfare Policies) (English Edition)

By Lin Chen With an increasing number of elders moving into nursing homes, the shift from family to nursing home care calls for an exploration of caregiving decision-making in urban China. This study examines how a rapidly growing aging population, the one-child policy, and economic reform in urban China pose unprecedented challenges to the country’s ingrained tradition of family caregiving. It presents interviews of matched elders and their children from a government-sponsored nursing home in Shanghai and analyzes...

Social Security Coverage for State and Local Government Workers: A Reconsideration

By William G. Gale, David John, Sarah E. Holmes Since it was created in 1935, Social Security has grown from covering about half of the work force to covering nearly all workers. The largest remaining exempted group is a subset of state and local government workers (SLGWs). As of 2008, Social Security did not cover about 27 percent of the 23.8 million SLGWs (Congressional Research Service 2011). Non-coverage of SLGWs is concentrated in certain states scattered around the country...

May 2019

Economic Growth and the Public Sector: A Comparison of Canada and Italy, 1870-2013

By Livio Di Matteo, T. P. Barbiero There is considerable evidence that the size of the public sector can influence an economy’s rate of economic growth. We investigate public sector spending of central governments and economic performance in two G7 countries over the long-term, Canada and Italy. Their economic performance has diverged in the last 25 years and it is worth investigating whether the size of government was a contributing factor. We find that in both the case of...

Diagnóstico del sistema de pensiones mexicano y opciones para reformarlo

Por Azuara Herrera, Oliver; Bosch, Mariano; García-Huitrón, Manuel; Kaplan, David S.; Silva Porto, María Teresa Este documento contiene un análisis del estado que guardan los sistemas de pensiones en México, incluyendo los sistemas contributivos, sistemas estatales, municipales, universidades públicas, así como los sistemas no contributivos. El documento enumera y describe los retos principales que los sistemas enfrentarán en los siguientes años, incluyendo: problemas del funcionamiento institucional; baja cobertura; poca sostenibilidad y retos fiscales; y, fuertes inequidades...