Social security programs and retirement around the world : the relationship to youth employment / edited by Jonathan Gruber and David A. Wise.

Format:

Book

Contributor:

Gruber, Jonathan.

Wise, David A.

National Bureau of Economic Research.

Series:

National Bureau of Economic Research conference report.

National Bureau of Economic Research conference report

Language:

English

Subjects (All):

Social security.

Old age pensions.

Older people--Employment.

Older people.

Youth--Employment.

Youth.

Labor supply.

Retirement--Government policy.

Retirement.

Early retirement incentives.

Physical Description:

1 online resource (380 p.)

Edition:

1st ed.

Place of Publication:

Chicago ; London : University of Chicago Press, c2010.

Language Note:

English

Summary:

Many countries have social security systems that are currently financially unsustainable. Economists and policy makers have long studied this problem and identified two key causes. First, as declining birth rates raise the share of older persons in the population, the ratio of retirees to benefits-paying employees increases. Second, as falling mortality rates increase lifespans, retirees receive benefits for longer than in the past. Further exacerbating the situation, the provisions of social security programs often provide strong incentives to leave the labor force. Social Security Programs and Retirement around the World offers comparative analysis from twelve countries and examines the issue of age in the labor force. A notable group of contributors analyzes the relationship between incentives to retire and the proportion of older persons in the workforce, the effects that reforming social security would have on the employment rates of older workers, and how extending labor force participation will affect program costs. Dispelling the myth that employing older workers takes jobs away from the young, this timely volume challenges a raft of existing assumptions about the relationship between old and young people in the workforce.

Contents:

The effects of early retirement on youth unemployment: the case of Belgium / Alain Jousten, Mathieu Lefebvre, Sergio Perelman and Pierre Pestieau

The interaction of youth and elderly labor markets in Canada / Michael Baker, Jonathan Gruber, and Kevin Milligan

Social security, retirement and employment of the young in Denmark / Paul Bingley, Nabanita Datta Gupta, and Peder J. Pedersen

Labor force participation by the elderly and employment of the young: the case of France / Melika ben Salem, Didier Blanchet, Antoine Bozio and Muriel Roger

Early retirement and employment of the young in Germany / Axel Borsch-Supan and Reinhold Schnabel

Youth unemployment and retirement of the elderly: the case of Italy / Agar Brugiavini and Franco Peracchi

Does social security induce withdrawal of the old from the labor force and create jobs for the young? : the case of Japan / Takashi Oshio, Satoshi Shimizutani and Akiko Sato Oishi

Early retirement and employment of the young in the Netherlands / Arie Kapteyn, Klaas de Vos, and Adriaan Kalwij

Social security incentives, exit from the workforce and entry of the young / Michele Boldrin, Pilar Garcia-Gomez, and Sergi Jimenez-Martin

Incentives to retire, employment of old and the employment of the young in Sweden / Marten Palme and Ingemar Svensson

Releasing jobs for the young? : early retirement and youth unemployment in the United Kingdom / James Banks, Richard Blundell, Antoine Bozio and Carl Emmerson

Do elderly workers substitute for younger workers in the U.S.? / Jonathan Gruber and Kevin Milligan.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786612895456

9781282895454

1282895451

9780226309507

0226309509

OCLC:

676700683