Journal of the Economics of Ageing最新文献_第8页

Aging workforce, wages, and productivity: Do older workers drag productivity down in Korea? 老龄化的劳动力、工资和生产率:老龄工人会拖累韩国的生产率吗?

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-02-01 DOI: 10.1016/j.jeoa.2023.100444

Hoolda Kim , Bun Song Lee

{"title":"Aging workforce, wages, and productivity: Do older workers drag productivity down in Korea?","authors":"Hoolda Kim , Bun Song Lee","doi":"10.1016/j.jeoa.2023.100444","DOIUrl":"10.1016/j.jeoa.2023.100444","url":null,"abstract":"<div><p><span>Older workers stay longer in the labor market due to increasing life expectancy and retirement age. The aging workforce is perceived to create challenges to the current labor markets including productivity, yet our understanding of how the demographic transition and aging workforce affect the labor market and firms’ productivity is limited. Using the 2007–2019 Korean Workplace Panel Survey, we examine the effect of the workforce age structure on wage per worker and labor productivity of firms. The workforce age structure is disaggregated into three age groups: young workers (16–29 years), prime-age workers (30–49 years), and older workers (50 years and higher). Wage and value-added per worker are selected as measures of labor costs and productivity. The ordinary least squares regression results suggest no statistically significant association of firms’ wage per worker and labor productivity with the share of young workers but a negative association with the share of older workers. Yet, in some regions, sectors, and firms, older workers show comparable productivity to prime-age workers while their wages are lower than that of prime-age workers. Its association is particularly apparent in the unstable and low-wage sectors, small to medium size firms, and the Capital Region (Seoul and surrounding areas including Incheon </span>megacity and Gyeonggi province) and six other megacities. Once the difference-GMM addresses the potential endogeneity issue, we find no association between the shares of both young and older workers and firms’ wages and productivity.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"24 ","pages":"Article 100444"},"PeriodicalIF":2.2,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44183981","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

The impact of social security wealth on the distribution of wealth in the European Union 社会保障财富对欧洲联盟财富分配的影响

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-02-01 DOI: 10.1016/j.jeoa.2023.100445

Marcin Wroński

引用次数: 1

Age differences in preferences through the lens of socioemotional selectivity theory 社会情感选择性理论视角下的年龄偏好差异

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-02-01 DOI: 10.1016/j.jeoa.2022.100440

Laura L. Carstensen, Megan E. Reynolds

引用次数: 4

Age, longevity, and preferences 年龄，寿命和偏好

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2022-12-01 DOI: 10.1016/j.jeoa.2022.100427

U. Sunde

引用次数: 1

Therapeutic approaches to treat and prevent age-related diseases though understanding the underlying biological drivers of ageing 通过了解衰老的潜在生物学驱动因素，治疗和预防与年龄有关的疾病的治疗方法

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2022-11-01 DOI: 10.1016/j.jeoa.2022.100423

L. Cox

引用次数: 1

The old-age pension household replacement rate in Belgium 比利时老年养老金家庭替代率

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2022-10-01 DOI: 10.1016/j.jeoa.2022.100402

Alessio J.G. Brown , Anne-Lore Fraikin

{"title":"The old-age pension household replacement rate in Belgium","authors":"Alessio J.G. Brown , Anne-Lore Fraikin","doi":"10.1016/j.jeoa.2022.100402","DOIUrl":"10.1016/j.jeoa.2022.100402","url":null,"abstract":"<div><p>The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are automatically granted a more generous old-age pension benefits replacement rate, called the household replacement rate. Following a recommendation of the Belgian Pension Reform Committee, this policy is to be suppressed for new pensioners, except for those receiving the minimum pension. We provide an ex-ante impact evaluation of such reform on both pension sustainability and adequacy measures. Specifically, we test whether the household replacement rate entails a work (dis)incentive mechanism promoting (harming) pension sustainability and furthermore, we analyse the role of the household replacement rate in old-age poverty and inequality measures. To do so, we use the survey dataset SHARE and a discrete time logistic duration model to study the link between retirement and financial retirement incentives created by the social security system. Further, we use a microsimulation model to estimate the magnitude of the assumed impact of the household replacement rate on retirement and we find that this policy generates higher retirement incentives through an income effect. At the same time, we simulate various social security wealth indicators under different household replacement rate scenarios and we find that the household replacement rate could potentially play an important role in decreasing the elderly poverty rate since households with asymmetrical working arrangements are often at the lowest part of the equivalized income distribution. Overall, despite the supposed positive poverty and distributional aspects of this policy, our simulation analysis supports the reform proposal of removing the household replacement rate.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"23 ","pages":"Article 100402"},"PeriodicalIF":2.2,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2212828X22000342/pdfft?md5=fa01fbb6d42de1ca9b8228a4e694ef9e&pid=1-s2.0-S2212828X22000342-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46235299","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

The effect of unemployment on care provision 失业对医疗服务的影响

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2022-10-01 DOI: 10.1016/j.jeoa.2022.100395

Björn Fischer , Peter Haan , Santiago Salazar Sanchez

引用次数: 0

Consumption and poverty of older Chinese: 2011–2020 中国老年人消费与贫困:2011-2020年

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2022-10-01 DOI: 10.1016/j.jeoa.2022.100410

Jinquan Gong, Gewei Wang, Yafeng Wang, Yaohui Zhao

{"title":"Consumption and poverty of older Chinese: 2011–2020","authors":"Jinquan Gong, Gewei Wang, Yafeng Wang, Yaohui Zhao","doi":"10.1016/j.jeoa.2022.100410","DOIUrl":"10.1016/j.jeoa.2022.100410","url":null,"abstract":"<div><p>Based on five waves of CHARLS data from 2011 to 2020 with expenditure imputations, we estimate living standards and poverty rates among older Chinese and study factors associated with consumption and poverty. Our results indicate that in the 2010s, China's poverty profile among older people was no longer characterized by regional concentration, such as the case in the first decades following China's economic reforms. Rather, old-age poverty is dispersed and varies mainly by demographics. Rural-urban differences, low education, and older age are the main factors associated with poverty. In the past decade, people of these characteristics enjoyed substantially more reductions in poverty, but they remain chief predictors. After controlling for demographics, consumption grew by 72.9 %, and the poverty rate declined by 59.2 % from 2011 to 2020, revealing remarkable progress. By interacting marital status with sex and urban/rural residence, we identify gaps in older people's economic support and find that the never-married urban people, widowed and divorced women, especially divorced rural women are the most at risk for poverty. Our research implies that future poverty alleviation policies should have more precise targeting.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"23 ","pages":"Article 100410"},"PeriodicalIF":2.2,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://ftp.ncbi.nlm.nih.gov/pub/pmc/oa_pdf/64/6e/nihms-1894284.PMC10205791.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9891123","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Mental health effects of caregivers respite: Subsidies or Supports? 照顾者的心理健康影响：补贴还是支持？

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2022-10-01 DOI: 10.1016/j.jeoa.2022.100398

Joan Costa-Font , Cristina Vilaplana-Prieto

{"title":"Mental health effects of caregivers respite: Subsidies or Supports?","authors":"Joan Costa-Font , Cristina Vilaplana-Prieto","doi":"10.1016/j.jeoa.2022.100398","DOIUrl":"10.1016/j.jeoa.2022.100398","url":null,"abstract":"<div><p>We study the causal effect of the introduction of caregiving respite in the form of hours of home help (caregiving supports) and financial subsidy (caregiving allowance) on the mental health of caregivers. We exploit evidence of a policy intervention that universalized previously means-tested caregiving subsidies and supports in Spain. Our estimates suggest evidence of an heterogeneous effect depending on the intensity of care provided. We find that caregiving supports reduce the probability of depressive symptoms among caregivers providing more than 50 hours of care. In contrast, caregiving subsidies give rise to a reduction in the probability of depressive symptoms among caregivers providing less than 50 hours of care. Consistently, we find evidence of an improvement in life satisfaction upon the receipt of subsidies and home supports . The latter effect is higher among part-time caregivers who spend between 20 and 50 caregiving hours/week which is explained by behavioural and preventive lifestyle changes. Finally, we estimate the ‘hypothetical caregiving subsidy’ amount that would have fully compensated caregivers’ for their wellbeing losses. We find estimates ranging between 800 and 850 euros/month, a magnitude well above the actual subsidy in Spain.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"23 ","pages":"Article 100398"},"PeriodicalIF":2.2,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2212828X22000317/pdfft?md5=3a8b06789acf9433cb56851f55902ac3&pid=1-s2.0-S2212828X22000317-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45327136","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

Retirement and the distribution of intra-household wellbeing 退休与家庭内部福利分配

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2022-10-01 DOI: 10.1016/j.jeoa.2022.100404

Siobhan Austen , Jaslin Kaur Kalsi , Astghik Mavisakalyan

引用次数: 0