How Does Pension Wealth Affect Asset Composition, Savings and Retirement Behaviour?David Blake
•We investigate how pension eligibility affects labor supply in couples•Women reduce labor force participation as their partner reaches pension eligibility•For men, the partner eligibility effect is smaller and not significant•The partner eligibility effect is strong in educationally homogamous co...
“job security, power, prestige, career development, fringe benefits, pension, and family-friendly programs” and the significant social prestige and influence, resulting in the “frenzy” for public jobs [6,7,8], public employees who are potentially overqualified (those with Master’s and ...
These factors interact to affect labor migration. 2.2.1. Economic and Geographic Factors Economic factors are an important factor that affects labor mobility. On the one hand, high salaries and superior working conditions can attract labor to a particular region or country. On the other hand, a...
Over time, inflation in the prices of goods and services seriously erodes investment income and pension benefits for retirees living on a fixed income. If monthly income remains relatively the same while basic costs—food, shelter, healthcare, taxes—increase, retirees who enjoy comfortable ea...
I develop an equilibrium-matching model with job rationing and endogenous layoffs in order to investigate whether the composition of unemployment (rationing versus frictional) influences the way firing costs affect employment. The model suggests that firing costs lead to a strong adverse employment effect...
The US national debt does have the potential for ramifications that individual citizens may be impacted by. According to the Congressional Budget Office, US citizens could feel the effects of a large national debt in higher taxes, lower ability to fund benefits and services, and less money to ...
How Does Inflation Affect the Stock Market? Inflation refers to an increase in consumer prices, either due to an oversupply of money or a shortage of consumer goods. The effects of inflation on the stock market are unpredictable—in some cases, it can lead to higher share prices due to more...
It is clear from the recent past that we cannot foresee the changes which will affect our working lives. The pace of change is accelerating , as a result of which traditional career plans will be of very limited use. (11)___ They will need updating to reflect changes in our own interes...
With boilers, the more premium you go, the more you’ll have to pay. However, rather than only considering price, it’s worth considering reliability and the benefits of having a boiler that meets demand. In the UK, your new boiler is likely to be one of the following brands: Worcester...