Pension Arrangements and Retirement Choices in Europe: A Comparison of the British, Danish and German Systems

by James Sefton, Justin van de Ven, Martin Weale
February, 2005

This paper develops a general equilibrium simulation model of a heterogeneous population in which both consumption/saving and labour/leisure choices are endogenous. The authors use it to explore the effects of the different state benefit systems on the labour supply of old and older workers in Denmark, Germany and the UK. In broad terms, they find … Continued

Ageing, Health and Retirement in Europe: Alternative Scenarios for Health, Life Expectancy and Social Expenditure

by Erika Schulz
February, 2005

This study deals with the impact of ageing populations and changes in their health status on health care and the utilisation of long-term care services. Two kinds of projection methods have been used to estimate increases up to 2050 in the number of hospital cases and days, contacts with doctors, long-term care recipients and severely … Continued

Ageing Health and Retirement in Europe: Time Use, Health and Retirement

by Hannu Piekkola, Liisa Leijola
September, 2004

This study examines time use and the incentives to retire that include both the value of paid and domestic work. This is accomplished by documenting the time used in unpaid household work in a group of EU countries. An economic value is assigned to this time, which is then used to calculate the income replacement … Continued

Ageing, Health Care and Retirement in Europe: Use of Health and Nursing Care by the Elderly

by Erika Schulz
July, 2004

If the hypothesis that people live longer and in better health is true, it could be expected that the changes in the health of the elderly have important consequences for the further demand for health services, the need for long-term care and also for the development of health expenditures. But other trends could also be … Continued

Bio-Demographic Aspects of Population Ageing

by Namkee Ahn, Ricard Genova, José A. Herce, Joaquin Pereira
December, 2003

Ageing affects individuals and nations everywhere. But a precise definition of what ageing is cannot be provided easily with regard to health aspects, social conventions and lifestyles that are intertwined with the ageing process. As a first step, the ENEPRI AGIR project has attempted to describe this process in EU countries by observing as many … Continued

The Emerging Framework for Disclosure Regulation in the EU

by Arman Khachaturyan, Karel Lannoo
October, 2003

The EU is well advanced in (re-)shaping the regulatory structure for securities markets. As part of this exercise, the EU is rapidly finalising a more harmonised framework for disclosure in the prospectus, market abuse and transparency directives, and has created the structure for harmonised financial reporting principles with the International Accounting Standards regulation. Disclosure is … Continued