Substitutable Are News Today

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Yunus Aksoy, Henrique Basso, Tobias Grasl, Ron Smith The world is ageing rapidly. By 2030, 34 countries will have a share of 65+ year-olds higher than 20% of the total population. Against this background, in the last decades governments have tried to increase the labour force participation of older individuals, often by raising the statutory retirement age (Boulhol and Geppert 2018). A much discussed and studied potential side effect of these policies is that older workers may crowd out younger...