-
Flexible retirement may be one solution to the
challenges of unemployment, aging populations, and public pension
burdens
Flexible work time and retirement options are a
potential solution for the challenges of unemployment, aging populations,
and unsustainable pensions systems around the world. Voluntary part-time
workers in Europe and the US are happier, experience less stress and anger,
and are more satisfied with their jobs than other employees. Late-life
workers, meanwhile, have higher levels of well-being than retirees. The
feasibility of a policy that is based on more flexible work arrangements
will vary across economies and sectors, but the ongoing debate about these
multi-tiered challenges should at least consider such arrangements.
MoreLess
-
Immigrants tend to be healthier than native
residents when they arrive—an advantage that dissipates with time
In common anti-immigrant rhetoric, concerns are
raised that immigrants bring diseases with them to the host country that
threaten the health of the resident population. In reality, extensive
empirical research over several decades and across multiple regions and host
countries has documented that when immigrants arrive in the host country
they are healthier than native residents, a phenomenon termed the “healthy
immigrant effect.” This initial advantage deteriorates with time spent in
the host country, however, and immigrants’ health status converges toward
(or below) that of native residents.
MoreLess
-
Increasing participation in sports and exercise
can boost productivity and earnings
A productive workforce is a key objective of
public economic policy. Recent empirical work suggests that increasing
individual participation in sports and exercise can be a major force for
achieving this goal. The productivity gains and related increase in earnings
come on top of the already well-documented public health effects that have
so far provided the rationale for the major national and international
campaigns to increase individual physical activity. The deciding issue for
government policy is whether there are externalities, information
asymmetries, or other reasons that lead individuals to decide on activity
levels that are too low from a broader social perspective.
MoreLess
-
Positive contributions to cognitive and
non-cognitive skills justify public support of youth sports
In response to declining budgets, many school
districts in the US have reduced funding for sports. In Europe, parents may
respond to difficult economic times by spending less on sports clubs for
their children. Such cuts are unwise if participating in sports is an
investment good as well as a consumption good and adds to students’ human
capital. The value of sports is hard to measure because people who already
possess the skills needed to succeed in school and beyond might be more
likely to participate in sports. Most studies that account for this
endogeneity find that participation in youth sports improves academic and
labor market performance.
MoreLess
-
Low status and a feeling of relative deprivation
are detrimental to health and happiness
People who are unable to maintain the same
standard of living as others around them experience a sense of relative
deprivation that has been shown to reduce feelings of well-being. Relative
deprivation reflects conditions of worsening relative poverty despite
striking reductions in absolute poverty. The effects of relative deprivation
explain why average happiness has been stagnant over time despite sharp
rises in income. Consumption taxes on status-seeking spending, along with
official and traditional sanctions on excess consumption and redistributive
policies may lessen the negative impact of relative deprivation on well-being.
MoreLess
-
When migrants move to countries with high
obesity rates, does assimilation lead to labor market penalties and higher
health care costs?
Upon arrival in a host country, immigrants often
have lower obesity rates (as measured for instance by BMI—body mass index)
than their native counterparts do, but these rates converge over time. In
light of the worldwide obesity epidemic and the flow of immigrants into host
countries with higher obesity rates, it is important to understand the
consequences of such assimilation. Policymakers could benefit from a
discussion of the impact of immigrant obesity on labor market outcomes and
the use of public services. In particular, policies could find ways to
improve immigrants’ access to health care for both the prevention and
treatment of obesity.
MoreLess
-
Institutions and policies affect whether working
mothers raise heavier children
Childhood obesity has been rising steadily in
most parts of the world. Popular speculation attributes some of that
increase to rising maternal employment. Employed mothers spend less time at
home and thus less time with their children, whose diets and physical
activity may suffer. Also, children of working mothers may spend more time
in the care of others, whose childcare quality may vary substantially. While
a majority of US studies support this hypothesis and have clear policy
implications, recent studies in other countries are less conclusive, largely
because institutional arrangements differ but also because methodologies
do.
MoreLess
-
Can migrants help change the social norm?
More than 100 million women and girls in the
world have had their genitals cut for cultural, religious, or other
non-medical reasons. Even though international organizations condemn female
genital mutilation (FGM), or cutting, as a violation of human rights, and
most nations have banned it, it remains prevalent in many African countries,
and is slow to decline. This persistence raises questions about the
effectiveness of international and national laws prohibiting the practice as
well as the potential role of returning migrants in changing embedded
cultural norms. Does migration change migrants’ opinions and attitudes to
this custom? If so, do they transfer the new norms to their origin
countries?
MoreLess
-
Immigrants’ retirement decisions can greatly
affect health care and social protection costs
As migration rates increase across the world,
the choice of whether to retire in the host or home country is becoming a
key decision for up to 15% of the world’s population, and this proportion is
growing rapidly. Large waves of immigrants who re-settled in the second half
of the 20th century are now beginning to retire. Although immigrants’
location choice at retirement is an area that has barely been studied, this
decision has crucial implications for health care and social protection
expenditures, both in host and origin countries.
MoreLess
-
Social disruption, acute psychosocial stress, and excessive
alcohol consumption raise mortality rates during transition to a market economy
Large and sudden economic and political changes, even if
potentially positive, often entail enormous social and health costs. Such transitory costs are
generally underestimated or neglected by incumbent governments. The mortality crisis
experienced by the former communist countries of Europe—which caused ten million excess deaths
from 1990 to 2000—is a good example of how the transition from a low to a high socio-economic
level can generate huge social costs if it is not actively, effectively, and equitably managed
from a public policy perspective.
MoreLess