By Topic

Europe

Aging

This week's European Economic Experts Panel statements: A) Without changes in policy, a rising share of people who are over age 65 will exert a substantial downward influence on per capita real GDP in western European countries. B) In European countries where the share of those over 65 is rising, there are net social benefits to adjusting retirement ages for state-financed (including pay-as-you-go) pension systems upwards, so that revised retirement ages better reflect longer life expectancies. 
US

Aging

This week's IGM Economic Experts Panel statements: A) Without changes in policy, a rising share of people who are over age 65 will exert a substantial downward influence on per capita real GDP in western European countries. B) In European countries where the share of those over 65 is rising, there are net social benefits to adjusting retirement ages for state-financed (including pay-as-you-go) pension systems upwards, so that revised retirement ages better reflect longer life expectancies. 
Europe

Board Quotas for Women

This week's IGM European Experts Panel statements: A) All else equal, if corporations throughout Europe set quotas for a minimum number of women board members, the shareholder value of European companies would increase. B) Taking into account the likely effects on investments in human capital by men and women, setting quotas throughout Europe for a minimum number of women board members would generate substantial net benefits for Europeans. 
US

Equal Pay

This week’s IGM Economic Experts Panel statements: In a case like the US women’s national soccer team where the revenues that they generate and their on-field performance both exceed those of the men’s team, there is no justification for lower pay. Fining companies above a certain size that fail to provide the same remuneration to men and women employees performing comparable roles would be an effective way of closing the gender pay gap. 
Europe

France’s Retirement Age

This European survey examines (a) Preserving the financial viability of France's state pension system is better achieved by raising the effective retirement age than by raising contributions while working; (b) Preserving the financial viability of France's state pension system is better achieved by raising the effective retirement age than by reducing benefits once retired 
US

French Labor Policies

This week’s IGM Economic Experts Panel poll statements: A) Reducing the minimum retirement age in France from 62 back to age 60, permanently, would reduce long-term French economic growth and substantially raise French debt relative to GDP over time. B) France’s overall employment is higher today because of the 35 hour work week than it would be without a limit on weekly hours. 
US

Women and the Labor Market

This US survey examines (a) By enabling women’s life choices about education, work and family, the contraceptive pill made a substantial contribution to closing gender gaps in the labor market for professionals; (b) Gender gaps in today’s labor market arise less from differences in educational and occupational choices than from the differential career impact of parenthood and social norms around men's and women’s roles in childrearing; (c) The gender gap in pay would be substantially reduced if firms had fewer incentives to offer disproportionate rewards to individuals who work long and/or inflexible hours 
Europe

Women and the Labor Market

This European survey examines (a) By enabling women’s life choices about education, work and family, the contraceptive pill made a substantial contribution to closing gender gaps in the labor market for professionals; (b) Gender gaps in today’s labor market arise less from differences in educational and occupational choices than from the differential career impact of parenthood and social norms around men's and women’s roles in childrearing; (c) The gender gap in pay would be substantially reduced if firms had fewer incentives to offer disproportionate rewards to individuals who work long and/or inflexible hours