Option Values for Retirement: Effects of Public Incentives to Postpone Retirement in Finland, Belgium and Germany

by Hannu Piekkola, Matthias Deschryvere
August, 2005

This paper studies the determinants of the retirement transitions of Europeans and focuses on the impact of social security systems on retirement behaviour. The analysis uses the first eight waves (1994-2001) of the European Community Household Panel. Based on these survey data, option values – which express, for each retirement age, the trade-off between retiring … Continued

Informal Elderly Care and Women’s Labour Force Participation across Europe

by Tarja K. Viitanen
July, 2005

This paper uses the European Community Household Panel (ECHP) to analyse the relationship between the dynamics of labour force participation and informal care to the elderly for a sample of women aged 20-59 across 13 European countries. The analysis has two focal points: the relative contributions of state dependence as well as observed and unobserved … Continued

Wellbeing and Dependency among the European Elderly: The Role of Social Integration

by Corinne Mette
July, 2005

This study aims at highlighting the importance of social integration for the wellbeing of dependent elderly persons living at home. This question is important because, as we can observe, social activities are not a priority for social policies regarding the dependent elderly in Europe. Here it is shown that social activities and contacts improve the … Continued

Ageing, Health and Retirement in Europe The AGIR Project – Final Report on Scientific Achievements

by Jørgen Mortensen
July, 2005

A question increasingly raised in recent years is whether the trend towards longer life expectancy has been accompanied by comparable increases in the expectancy of life in good health (active or disability-free life expectancy). Formulating an answer to this question is of essential importance for projecting health expenditure and for forecasting retirement patterns over the … Continued

Scenarios for Global Ageing: An Investigation with the INGENUE 2 World Model

by Michel Aglietta, Vladimir Borgy, Jean Chateau, Michel Juillard, Jacques Le Cacheux, Gilles Le Garrec, Vincent Touzé
July, 2005

This paper explores the consequences of pension reforms in Western Europe in a world economy setting. Whereas various economic and social consequences of population ageing have been investigated in OECD countries, very few analyses have explicitly taken the worldwide aspect of the problem into account. In order to do so, this report relies on the … Continued

Can we Afford to Live Longer in Better Health?

by Ed Westerhout, Frank Pellikaan
July, 2005

This research report analyses the effects of ageing populations upon public finances. More specifically, it focuses on the implications of population ageing for acute health care, long-term care and public pension expenditures for 15 EU countries. It pays particular attention to three novel insights: i) a large proportion of health-care spending relates to time to … Continued