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on Financial Literacy and Education |
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Issue of 2018‒10‒08
four papers chosen by |
| By: | Cantarero-Prieto, David; Pascual-Sáez, Marta; Blázquez-Fernández, Carla |
| Abstract: | In recent years, population aging has received great attention in developed countries given the social challenges that it entails. At this regard, it is well documented that this collective is associated with fewer resources (both physical and economic). Furthermore, ageing societies incite an increase in the inactive population and so, threaten the financial viability of the social protection systems. This study investigates the effects of different factors on early retirement intentions among European workers aged 50-65 using the latest available data (waves 1-6: 2004-2015) from the Survey of Health, Ageing and Retirement in Europe (SHARE). We shed new light on this causal relationship controlling for job characteristics and well-being indicators. Our empirical results based on logistics regressions suggest that people that is satisfied with their jobs (OR = 0.61; 95 % C.I. 0.53, 0.71), with very high appreciation of their quality of life (OR = 0.56; 95 % C.I. 0.49, 0.64) or with good health (OR = 0.55; 95 % C.I. 0.47, 0.65) would have less intentions of early retirement, that is, decreased odds of work exit. Besides, social-environment would matter. |
| Keywords: | Early retirement intentions; Job satisfaction; Quality of life; Health; SHARE; Panel. |
| JEL: | I10 J26 J28 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:89077&r=fle |
| By: | Caroline T. Witte (Copenhagen Business School); Martijn (M.J.) Burger (Erasus University Rotterdam); Elena I. Ianchovichina (World Bank) |
| Abstract: | This study analyzes whether subjective well-being measures can explain variation in peaceful uprisings, in addition to the objective measures typically used in analyses of uprisings. Using a database combining data on uprisings and subjective well-being for 118 countries over the period 2007 to 2014, we find evidence of a positive effect of life dissatisfaction on the incidence of peaceful uprising, but not its violent counterpart. This effect does not depend on the type of political regime, nor the stage of development and reflects, to a large extent, changes to perceived satisfaction with living standards and the ability to have a purposeful and meaningful life. |
| Keywords: | Civil Resistance; Civil Uprisings; Subjective Well-being; Happiness; Political Economy; Grievances; Political conflict |
| JEL: | D74 I31 |
| Date: | 2018–09–27 |
| URL: | http://d.repec.org/n?u=RePEc:tin:wpaper:20180074&r=fle |
| By: | Elenka Brenna (Università Cattolica del Sacro Cuore; Dipartimento di Economia e Finanza, Università Cattolica del Sacro Cuore); Lara Gitto |
| Abstract: | In recent years, there has been a growing interest among scholars on Information and Communication Technologies (ICTs) and their beneficial effects on elderly wellbeing; almost all contributions support the positive impact of ICTs among older population because their use has been demonstrated to enhance social participation and psychosocial wellbeing. This paper contributes to the extant literature by using a specific and comprehensive measure of quality of life, the WHOQol-Bref, on a sample of 341 individuals attending the University of Third Age in an Italian town. Through different model specifications, we are able to demonstrate the positive impact of ICTs’ use on elderly quality of life. Results corroborate the findings of existing literature and provide insight on possible policy measures framed in an active aging approach. |
| Keywords: | ICT, active ageing policies, quality of life, WHOQol-Bref, OLS. |
| JEL: | I12 J14 |
| Date: | 2018–09 |
| URL: | http://d.repec.org/n?u=RePEc:ctc:serie1:def073&r=fle |
| By: | Sumit S. Deole |
| Abstract: | In 2011, German police accidentally stumbled upon a previously unknown right-wing extremist group called the National Socialist Underground (NSU). Further investigations implicated the group in previously unexplained murders of mostly ethnically Turkish individuals and in other crimes targeting Islamic immigrants in Germany. Using German Socioeconomic Panel (SOEP) data, this paper offers the first evidence that the 2011 revelations of the NSU crimes resulted in an increase in perceived fears of xenophobic hostility among NSU’s targeted groups. This serves as an indication of the minority’s perceived maltreatment by German institutions while investigating the NSU crimes. The results further show that the revelations significantly reinforced a feeling of estrangement among Turks, who were now less likely to self-identify as Germans and more likely to see themselves as foreigners; they, therefore, tended to bond more strongly with the ethos of their country of origin. The results also demonstrate that Turks reported a substantial decrease in their health satisfaction and subjective wellbeing. In conclusion, the paper underlines the pertinence of judicial efficacy over rightwing crimes for assimilation and welfare of immigrants. |
| Keywords: | rightwing crimes, immigration, delayed justice, social assimilation |
| JEL: | D63 F22 J15 Z10 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:ces:ceswps:_7235&r=fle |