scholarly journals A scoping study of low-wage workers’ retirement in the U.S. after the Great Recession

2021 ◽  
Vol 5 (Supplement_1) ◽  
pp. 597-597
Author(s):  
Hyesu Yeo

Abstract Background Retirement comes with high risks for low-wage workers because of their cumulative disadvantages, and the Great Recession aggravated this population's working lives. However, there has been a lack of research about this vulnerable population's retirement. The purpose of this scoping study is to offer a comprehensive understanding of low-wage workers' retirement after the Great Recession. Methods Based on the rigorous method of scoping review by Arskey and O'Mally, the researcher systematically searched, selected, and synthesized literature. The articles were collected from eight databases and were published in January 2008 - February 2019. The search terms included terms related to retirement and low-wage. After systemically reviewing titles, abstracts, and full-texts from 5,268 articles, the final chart contains sample characteristics, definitions of low-wage workers, policy/programs, etc., from 23 peer-reviewed empirical studies. Results The results indicated that: 1) Most of the retirement studies covered middle-wage class workers, excluding low-wage workers because of their lack of retirement affordability; 2) There was no common definition of low-wage workers among scholars; 3) 11 studies assumed Social Security is the only retirement income for low-wage workers, and 12 studies investigated how to improve the workers' participation in other retirement programs; 4) Most studies were economic-centered; 5) Low-wage workers had different socioeconomic and labor market characteristics. Conclusion and Implications First, a consensus on the definition of low-wage is required to improve policies and programs associated with this population's retirement. Second, the life-course perspective approach from various disciplines is necessary to improve low-wage workers' retirement, considering diverse backgrounds.

Author(s):  
Barbara T. Hodgdon ◽  
Jen D. Wong

The economic instability of the Great Recession contributed to a rise in multigenerational households as more individuals took on unanticipated care responsibilities for older family members while navigating financial uncertainties. Guided by the life course perspective, this study compared the psychological and social well-being of family caregivers and examined the moderating influences of financial challenges experienced during the Great Recession. Filial and sandwiched caregivers ( N = 138; Mage = 52.80; SDage = 11.25) from the Refresher Cohort of the Midlife in the United States (MIDUS) survey provided information on demographics, caregiving, financial challenges, and well-being. Findings from regression analyses showed that sandwiched caregivers exhibited lower environmental mastery and positive relations with others than filial caregivers ( p  = .07). Moderation analyses showed that sandwiched caregivers with fewer than average financial challenges exhibited lower social actualization than the other family caregivers ( p = .01). Study findings underscore the need to support family caregivers’ psychosocial well-being as they navigate caregiving responsibilities and financial disruptions.


2015 ◽  
Vol 66 (2) ◽  
Author(s):  
Sophia Lazaretou

AbstractThe past Greek crisis experience is more or less terra incognita. In all historical empirical studies Greece is systematically neglected or included only sporadically in their cross-country samples. In the national literature too there is little on this topic. In this paper we use the 1930s crisis as a useful testing ground to compare the two crises episodes, ‘then’ and ‘now’; to detect differences and similarities and discuss the policy facts with the ultimate aim to draw some ‘policy lessons’ from history. To the best of our knowledge, this is the first attempt to study the Greek crisis experience across the two historical episodes. Comparisons with the interwar period show that the recent economic downturn was faster, larger and more severe than during the early 1930s. More importantly, analysing the determinants of the two crises, we conclude that Greece’s problems arose from its inability to credibly adhere to a nominal anchor.


Author(s):  
Laurence Seidman

This chapter considers other fiscal stimulus programs that might be included with tax rebates in a fiscal stimulus package. The chapter begins with several fiscal stimulus programs that are recommended for inclusion. Then the chapter examines several other fiscal stimulus programs and explains why they are not recommended. Next it reviews and comments on components of the fiscal stimulus enacted in early 2009 and implemented in 2009 and 2010—the American Recovery and Reinvestment Act (ARRA). The chapter explains a common mistake made by many economists that leads them to multiplier estimates of fiscal stimulus programs that are too low. Finally, the chapter reports on and evaluates several empirical studies of fiscal stimulus programs utilized in the Great Recession.


Author(s):  
Alison W. Bowers ◽  
Shyam Ranganathan ◽  
Denise R. Simmons

Objectives: This research brief explores the literature addressing quality in undergraduate education to identify what previous research has said about quality and to offer future directions for research on quality in undergraduate education. Method: We conducted a scoping review to provide a broad overview of existing research. Using targeted search terms in academic databases, we identified and reviewed relevant academic literature to develop emergent themes and implications for future research. Results: The exploratory review of the literature revealed a range of thoughtful discussions and empirical studies attempting to define quality in undergraduate education. Many publications highlighted the importance of including different stakeholder perspectives and presented some of the varying perceptions of quality among different stakeholders. Conclusions: While a number of researchers have explored and written about how to define quality in undergraduate education, there is not a general consensus regarding a definition of quality in undergraduate education. Past research offers a range of insights, models, and data to inform future research. Implication for Theory and/or Practice: We provide four recommendations for future research to contribute to a high quality undergraduate educational experience. We suggest more comprehensive systematic reviews of the literature as a next step.


2019 ◽  
Vol 60 (2) ◽  
pp. 204-221 ◽  
Author(s):  
Jennifer Caputo

Although many studies have examined contemporary increases in parent–adult child coresidence, questions about what this demographic shift means for the well-being of parents remain. This article draws on insights from the life course perspective to investigate the relationship between parent–adult child coresidence and parental mental health among U.S. adults ages 50+, distinguishing between parents stably living with and without adult children and those who transitioned into or out of coresidence with an adult child. Based on analyses of the 2008 to 2012 waves of the Health and Retirement Study ( N = 11,277), parents with a newly coresidential adult child experienced an increase in depressive symptoms relative to their peers without coresidential adult children. Further analyses suggest that transitions to coresidence that occurred in the southern United States or involved out-of-work children were particularly depressing for parents. These findings highlight the significance of evolving intergenerational living arrangements for the well-being of older adults.


2019 ◽  
Vol 60 (2) ◽  
pp. 270-278 ◽  
Author(s):  
Nina Conkova ◽  
Jolanda Lindenberg

Abstract Background and Objectives In this study, we examine the experience of aging and subjective views of what it means to age well among older adults with a migrant background in the Netherlands. We embed the study within the successful aging debate and tackle two of its most persistent critiques: the failure to adequately include subjective views in the definition of aging well and the failure to recognize that the process of aging is culturally determined. Research Design and Methods The research draws on qualitative data collected through eight focus-group discussions with the six largest migrant groups in the Netherlands, namely Indo-Dutch and Moluccans, and migrants with Western, Surinamese, Antillean, Turkish, and Moroccan background. Results The study findings show that in general older migrants experience aging more positively than commonly assumed. Nevertheless, some negative aspects of aging were also mentioned. These together with fears about the future underpin participants’ perceptions about aging well. Key aspects of successful aging include remaining healthy, independent, and engaged. Differences between and within groups exist in the meaning given to these concepts and the extent to which other specific aging-related wishes were mentioned. These differences are rooted in participants’ experiences of the migration event, employment history, and their current socioeconomic conditions. Discussion and Implications We conclude that the life course perspective is essential in understanding migrants’ aging process and their views on successful aging, and suggest that policies and interventions which promote disease prevention and tackle social exclusion will be beneficial for older adults with a migration background.


Author(s):  
Joan Font

This chapter discusses the quality of Spanish democracy. Lacking a widely accepted definition of the concept of the quality of democracy, it reviews three types of evidence: the existing comparative measurements, citizens’ own definitions of democracy, and a normative definition of the concept, according to which the quality of democracy is different from democracy itself and consists of two main components: voice and political equality. Using different types of evidence from the national, regional, and local government levels, and from the institutional and civil society sides, the performance and trade-offs between these two components are examined. The effect of participatory institutions and of the Great Recession on the quality of democracy is reviewed. The chapter makes clear that the choice of different definitions of the concept leads to quite diverse assessments of its situation.


Author(s):  
Óliver Pérez-Latorre ◽  
Víctor Navarro-Remesal ◽  
Antonio José Planells de la Maza ◽  
Cristina Sánchez-Serradilla

How do the most popular video games in recent years contribute to the construction of the social imaginary of the Great Recession? The discursive struggles over the definition of crucial aspects of the recession such as austerity, the heroic ethos to face precariousness and being anti-establishment are being played not only in the political arena and ‘serious’ news genres but also in the narrations of popular culture and video games. Thus, critical analysis of the social resonances of video games on the Great Recession is a relevant exercise not only academically but also socially. To address this question, this article proposes an analysis of bestselling video games from 2009 to 2015, based on cultural studies and game studies. The analysis is organized in three case studies: (a) post-apocalyptic video games and their potential resonances regarding austerity and precariousness; (b) video games, neo-liberalism and counter neo-liberal views; and (c) video games and the representation of anti-establishment characters and rebel communities.


2018 ◽  
Vol 47 (6) ◽  
pp. 635-654 ◽  
Author(s):  
Kristian Heggebø ◽  
Anne Grete Tøge ◽  
Espen Dahl ◽  
John Erik Berg

Aims: The so-called ‘Great Recession’ in Europe triggered widespread concerns about population health, as reflected by an upsurge in empirical research on the health impacts of the economic crisis. A growing body of empirical studies has also been devoted to socioeconomic inequalities in health during the Great Recession. The aim of the current study is to summarise this health inequality literature by means of a scoping review. Methods: We have performed a scoping review of the research literature (English language) published in the years 2012–2017. Only empirical papers with (a) health status measured on the individual level, (b) information on socioeconomic position (i.e. employment status, educational level, income/wealth, and/or occupational class), and (c) data from European countries in both pre- and post-crisis years were considered relevant. In total, 49 empirical studies fulfilled these inclusion criteria. Results: The empirical findings in the 49 included studies predominantly show that socioeconomic inequalities in health either increased or remained stable from pre- to post-crisis years. Two-thirds (65%) of the studies found evidence of either increasing or partially increasing health inequalities. Thus, people in lower socioeconomic strata fared worse overall in terms of health during the Great Recession, compared to people with higher socioeconomic status. Conclusions: The Great Recession in Europe tends to be followed by increasing socioeconomic inequalities in health. Policymakers should take note of this finding. Widening socioeconomic inequalities in health is a major cause of concern, in particular if health deterioration among ‘vulnerable groups’ is caused by accelerating cumulative disadvantages.


2021 ◽  
Vol 16 (2) ◽  
pp. 128-151
Author(s):  
Nándor László Flór ◽  
Géza Sebestyén

Jelen cikk egyes makrogazdasági változók hatását vizsgálja a tőkeáttételi ciklus felépülésében az Amerikai Egyesült Államok gazdaságában 1990 és 2015 között. A tőkeáttétel –ahogyan azt a Nagy Recesszió is bebizonyította –sérülékennyé teszi a gazdaságot, amiszélsőséges esetben katasztrófához vezet. A tőkeáttétel a gazdaság egészéhez hasonlóan ciklikusan alakul, ezért ahitelállomány felépülésénekmegértése kritikus.A hitelezésre ható tényezők és más kutatások eredményeinek összefoglalását követően acikkkísérletet tesz arra, hogygazdaságiszektorok szintjén vizsgálja meg,mely változók játszanak fontos szerepet ajelenség mögött.A vizsgálatok elvégzéséhez a szerzők a többváltozós lineáris módszert választottákannak kiderítésére, mennyire mutat egységes képet a gazdaságon belül a tőkeáttétel felépülése.Az elemzés nem terjedki a háztartási hitelezésre, kizárólag a nagyvállalati szegmens folyamataira koncentrál. A szerzők arra amegállapításajutottak, hogy megéri a makrogazdasági változókszerepét iparági szinten vizsgálni, mivel az egyes szektorok esetében eltérő változókbizonyultak szignifikánsnakaz empirikus vizsgálatokalapján. = This article examines the impact of macroeconomic variables over the leverage cycle in the US economy between 1990 and 2015. Leverage –as demonstrated by the Great Recession –makes the whole economy vulnerable, leading to a catastrophe in extreme cases. As in the case of the economy as a whole, leverage is cyclical, so understanding the recovery of the loan portfolio is crucial. After summarizing the results of factors affecting lending and other researches, the article attempts to investigate at the level of economic sectors, which variables play key roles behind this phenomenon. To carry out the examinations, the authors chose the multivariate linear method to find out the general characteristics of the leverage cycle within the economy. The analysis does not include the household lending activity, it concentrates solely on the processes of the large corporate segment. The authors have come to the conclusion that it is worth considering the role of macroeconomic variables at industry level as different variables have proved to be significant on the basis of empirical studies.


Sign in / Sign up

Export Citation Format

Share Document