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The reduction in wages resulting from the increase in older workers provides a cautionary note to those advocating delayed retirement as a solution to the retirement savings crisis.

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.

About SCEPA

SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.