Social Security Programs and Retirement around the World

The Effects of Reforms on Retirement Behavior

AvAxel Börsch-Supan,Courtney C. Coile

Inbunden, Engelska, 2025

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Beskrivning

A global analysis of the effects of social security reforms on the retirement incentives and labor force trends of older workers.Employment among older men and women has increased dramatically in recent years, reversing a downward trend in the closing decades of the twentieth century. Social Security Programs and Retirement around the World examines how changing retirement incentives have reshaped labor force participation trends among older workers. The chapters feature country-specific analyses for Belgium, Canada, Denmark, France, Germany, Italy, Japan, Netherlands, Spain, Sweden, the United Kingdom, and the United States. They find that while there is significant heterogeneity across countries, the reforms of recent decades have generally reduced the implicit tax on work at older ages. These changes correlate positively with labor force participation. The studies exploit the variation in the timing and extent of reforms of retirement incentives and employ microeconometric methods to investigate whether this correlation reflects a causal relationship. Policy changes appear to have contributed to rising labor force activity, but other factors like the role of women in the labor force, improved health, and changes in private pensions likely also play important roles.

Produktinformation

Utgivningsdatum:2025-03-04
Mått:152 x 229 x 36 mm
Vikt:708 g
Format:Inbunden
Språk:Engelska
Serie:National Bureau of Economic Research Conference Report
Antal sidor:488
Förlag:The University of Chicago Press
ISBN:9780226836355

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Axel Börsch-Supan is director emeritus of the Max Planck Institute for Social Law and Social Policy in Munich. He is executive director of the Survey of Health, Ageing and Retirement in Europe and advisor to the EU, World Bank, OECD, and several foreign governments. He is codirector of the NBER International Social Security project and a research associate at the NBER. Courtney C. Coile is provost, Lia Gelin Poorvu ’56 Dean of the College, and the Stanford Calderwood Professor of Economics at Wellesley College. She is codirector of the NBER International Social Security project and a research associate of the NBER.

Innehållsförteckning

AcknowledgmentsIntroductionAxel Börsch-Supan and Courtney C. Coile1. Trends in Social Security Incentives in BelgiumAnne-Lore Fraikin, Alain Jousten, and Mathieu Lefebvre2. Retirement Decisions and Retirement Incentives: New Evidence from CanadaKevin Milligan and Tammy Schirle3. The Role of Social Security Reforms in Explaining Changing Retirement Behavior in Denmark, 1980–2016Paul Bingley, Nabanita Datta Gupta, Malene Kallestrup-Lamb, and Peder J. Pedersen4. Financial Incentives and Labor Force Participation of Older Workers: Evidence from FranceAntoine Bozio, Simon Rabaté, Maxime Tô, and Julie Tréguier5. Retirement Decisions in Germany: MicromodelingAxel Börsch-Supan, Irene Ferrari, Nicolas Goll, and Johannes Rausch6. The Effect of Retirement Incentives: Microevidence for ItalyAgar Brugiavini, Raluca Elena Buia, Giacomo Pasini, and Guglielmo Weber7. The Relationship between Social Security Programs and Elderly Employment in JapanTakashi Oshio, Satoshi Shimizutani, and Akiko S. Oishi8. The Effects of Social Insurance Benefits on Leaving Employment at Older Ages in the NetherlandsAdriaan Kalwij and Arie Kapteyn9. The Effects of Social Security Incentives on Retirement in SpainPilar García-Gómez, Sílvia Garcia-Mandicó, Sergi Jiménez-Martín, and Judit Vall-Castelló10. Pension Reform, Incentives to Retire, and Retirement Behavior: Empirical Evidence from Swedish MicrodataLisa Laun and Mårten Palme11. Are Longer Working Lives a Response to Changing Financial Incentives? Exploiting Micro Panel Data from the UKJames Banks, Carl Emmerson, and David Sturrock12. Changing Retirement Incentives and Retirement in the USCourtney C. CoileAuthor IndexSubject Index

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