Research
High rents increasingly becoming a driver of financial fragility for low-income older households
Policy Note | In the United States, high overall rates of home ownership among households aged 55–64 obscure a vital reality. Many low-income older households risk financial fragility because they are renters and high rent burdens inhibit their ability to save for emergencies. Even middle- and high-income households who own their own homes risk housing-related financial fragility due to high mortgage debt. Overall rates of financial fragility, which include non-housing debt and emergency...
Policy Note | Unpaid care work — the vast majority of such work in the United States — is primarily shouldered by economically vulnerable people. The costs associated with unpaid care work compound existing economic insecurity, leading to higher rates of poverty in old age. It is essential to support informal caregivers by recognizing caregiving as work and expanding their access to social safety net programs and providing paid family care leave.
Policy Note | Up to 40 percent of middle-income workers are at risk of downward mobility into poverty or near-poverty in retirement because of an inefficient retirement system that disproportionately benefits those with high incomes. Universal retirement accounts and providing workers with more equitable and better targeted tax incentives are among the best methods to supplement Social Security and prevent downward mobility in retirement.
Do policies to keep older people working cause wage stagnation?
This research was performed pursuant to a grant from the AARP Innovation Challenge.
This working paper argues that the real relative unit labor cost is the main force that explains the long-run behavior of the real exchange rate.
This paper proposes an entropy-constrained model of induced technical change (ITC) and estimates the innovation possibilities frontier (IPF) of the OECD countries.
This paper addresses the Marx´s theory of crisis in order to analyze the Great Recession in Spain.
This paper discusses the institutional requirements for fiscal capacity building and the introduction of a Eurozone Treasury.
