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on Economics of Ageing |
| By: | Charles Yuji Horioka (Research Institute for Economics & Business Administration (RIEB) and Center for Computational Social Science (CCSS), Kobe University, Institute of Social and Economic Research, Osaka University, Asian Growth Research Institute, JAPAN, and National Bureau of Economic Research, U.S.A.) |
| Abstract: | This paper analyzes the impact of the age structure of the population on the household saving rate using time-series data for Japan for the 1955-2019 period. It finds that there is a cointegrating relationship between Japan's household saving rate and her dependency ratio (the ratio of the dependent population to the working-age population) and that the latter has a negative and statistically significant impact on the former. This implies that the life-cycle model applies in the case of Japan, that trends over time in the age structure of Japans's population can largely explain trends over time in Japan's household saving rate, that the downward trend in Japans household saving rate since the mid-1970s can largely be explained by the aging of her population, and that further population aging will lead to further declines in Japan's household saving rate, most likely into negative territory, in future years. |
| Keywords: | Age structure of the population; Cointegration; Cointegrating vector; Household saving; Japan; Life-cycle hypothesis; Life-cycle model; Population aging; Saving rate; Unit roots |
| JEL: | D12 D14 D15 E21 J11 |
| Date: | 2026–01 |
| URL: | https://d.repec.org/n?u=RePEc:kob:dpaper:dp2026-02 |
| By: | Westerhout, Ed (Tilburg University, School of Economics and Management) |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:tiu:tiutis:ed78d038-ad2e-4f6b-8550-3718ca0907fd |
| By: | Moslem Rashidi; Luke B. Connelly; Gianluca Fiorentini |
| Abstract: | We study how pandemic-related disruptions to preventive care affected severe health events among older Europeans. Using panel data from eight countries in the Survey of Health, Ageing and Retirement in Europe (SHARE), we exploit quasi-random variation in interview timing and COVID-19 restrictions to compare women who missed a routine mammogram with otherwise similar women who were screened. Our outcome (all-cause emergency overnight hospitalizations) captures severe acute episodes rather than cancer-specific events. Simple associations show no difference in these hospitalizations over the following year. In contrast, our instrumental-variables estimates suggest that screening reduces the probability of an emergency hospitalization by about 6 percentage points among women in the screening-eligible age range. We find no effect among women above the target age range, supporting our identification strategy. Overall, the results indicate that maintaining access to preventive services during crises can reduce avoidable acute events in ageing populations and strengthen health-system resilience to large shocks. |
| Date: | 2025–12 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2512.18342 |
| By: | Ahammer, Alexander (Department of Economics, Johannes Kepler University Linz); Halla, Martin (Department of Economics, Vienna University of Economics and Business, Austria; Institute for the Study of Labor (IZA); Austrian National Public Health Institute (GOEG); Rockwool Foundation Berlin; and Austrian Institute of Economic Research (WIFO)); Heckl, Pia (ifo Institute. Poschingerstraße 5, Germany; Ludwig Maximilian University of Munich and CESifo); Rudolf Winter-Ebmer (Department of Economics, Johannes Kepler University Linz, Austria; Institute for the Study of Labor (IZA); Institute for Advanced Studies (IHS); Rockwool Foundation Berlin, Centre for Economic Policy Research (CEPR)) |
| Abstract: | Long-term unemployment among older workers is particularly difficult to overcome. We study the impacts of a large-scale job guarantee program that offered up to two years of fully subsidized employment to long-term unemployed individuals aged 50 and above. Using a sharp age-based discontinuity in eligibility, we find that participation increased regular, unsubsidized employment by 43 percentage points two years after the program ended. The gains are driven by transitions into new firms and industries, rather than continued subsidized employment, and we find no evidence of displacement effects for non-participants or spillovers to family members. The program had no measurable short-run health effects. |
| Keywords: | Long-term unemployment, temporary job guarantee, subsidized employment, health status |
| JEL: | J64 J08 J78 I14 H51 |
| Date: | 2026–01 |
| URL: | https://d.repec.org/n?u=RePEc:ihs:ihswps:number63 |