Trends in Employment and Social Security Incentives in the Spanish Pension System: 1980-2016 / Pilar García-Gómez, Silvia Garcia-Mandicó, Sergi Jimenez-Martin, Judit Vall Castelló.

Format:

Book

Author/Creator:

García-Gómez, Pilar.

Contributor:

National Bureau of Economic Research.

Garcia-Mandicó, Silvia.

Jimenez-Martin, Sergi.

Vall Castelló, Judit.

Series:

Working Paper Series (National Bureau of Economic Research) no. w25367.

NBER working paper series no. w25367

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Trends in Employment and Social Security Incentives in the Spanish Pension System

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2018.

Summary:

In this paper, we analyze the association between financial incentives and retirement decisions using aggregate data for over four decades in Spain. We calculate an implicit tax rate on remaining in employment for an additional year and examine its correlation with employment rates for older workers. The results suggest that financial incentives play a role in explaining the retirement patterns of both employed and unemployed workers.

Notes:

Print version record

December 2018.