Social security programs and retirement around the world : the effects of reforms on retirement behavior / edited by Axel Börsch-Supan and Courtney C. Coile.

Format:

Book

Contributor:

Börsch-Supan, Axel, 1954- editor.

Coile, Courtney, editor.

Series:

National Bureau of Economic Research Conference Report

Language:

English

Subjects (All):

Early retirement incentives--Western countries--Cross-cultural studies.

Early retirement incentives.

Early retirement incentives--Western countries--Econometric models.

Social security--Western countries.

Social security.

Post-retirement employment--Western countries.

Post-retirement employment.

Retirement age--Economic aspects--Western countries.

Retirement age.

Physical Description:

1 online resource (354 pages)

Edition:

First edition.

Other Title:

Effects of Reforms on Retirement Behavior

Place of Publication:

Chicago : University of Chicago Press, 2025.

Summary:

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.

Contents:

Introduction / Axel Börsch-Supan and Courtney C. Coile

Trends in social security incentives in Belgium / Anne-Lore Fraikin, Alain Jousten, and Mathieu Lefebvre

Retirement decisions and retirement incentives: new evidence from Canada / Kevin Milligan and Tammy Schirle

The role of social security reforms in explaining changing retirement behavior in Denmark, 1980-2016 / Paul Bingley, Nabanita Datta Gupta, Malene Kallestrup-Lamb, and Peder J. Pedersen

Financial incentives and labor force participation of older workers: evidence from France / Antoine Bozio, Simon Rabaté, Maxime Tô, and Julie Tréguier

Retirement decisions in Germany: micromodeling / Axel Börsch-Supan, Irene Ferrari, Nicolas Goll, and Johannes Rausch

The effect of retirement incentives: microevidence for Italy / Agar Brugiavini, Raluca Elena Buia, Giacomo Pasini, and Guglielmo Weber

The relationship between social security programs and elderly employment in Japan / Takashi Oshio, Satoshi Shimizutani, and Akiko S. Oishi

The effects of social insurance benefits on leaving employment at older ages in the Netherlands / Adriaan Kalwij and Arie Kapteyn

The effects of social security incentives on retirement in Spain / Pilar García-Gómez, Sílvia Garcia-Mandicó, Sergi Jiménez-Martín, and Judit Vall-Castelló

Pension reform, incentives to retire, and retirement behavior: empirical evidence from Swedish microdata / Lisa Laun and Mårten Palme

Are longer working lives a response to changing financial incentives?: exploiting micro panel data from the UK / James Banks, Carl Emmerson, and David Sturrock

Changing retirement incentives and retirement in the US / Courtney C. Coile.

Notes:

Includes bibliographical references (pages 327-345) and indexes.

Description based on publisher supplied metadata and other sources.

Other Format:

Print version: Börsch-Supan, Axel Social Security Programs and Retirement Around the World

ISBN:

9780226836362

OCLC:

1505735879