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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.