Disability

From an economic point of view, the period since the recession that began in 2008 has been quite unlike any other period since at least the Second World War, including the periods after the recessions of the early 1980s and early 1990s. Indeed, the slowdown has lasted for longer, and its effects on the public finances, on household incomes and on productivity have been more marked even than was the case in the 1930s. This time really does seem to be different.

We use data from the English Longitudinal Study of Ageing to document the effect of the financial crisis on those aged 50 and over in England

We test for asymmetric information in the UK private health insurance (PHI) market.

This paper uses data from the first two years after the change to the female state pension age to estimate the impact of increasing the state pension age from 60 to 61 on the employment of women and their partners.

We test a specific theoretical prediction: insured pension plans will invest more heavily in risky assets. Our test exploits policy differences across Canadian jurisdictions. We find that insured plans invest about 5% more in equities than do similar plans without benefit guarantees.

This report provides a new assessment of the proportion of people aged between 50 and the State Pension Age (SPA) who are at risk of having inadequate resources in retirement and considers the characteristics associated with the risk of such inadequacy.