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Home > Business and Economics > Economics > Labour / income economics > Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior(National Bureau of Economic Research Conference Report)
Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior(National Bureau of Economic Research Conference Report)

Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior(National Bureau of Economic Research Conference Report)


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About the Book

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.

Table of Contents:
Acknowledgments Introduction    Axel Börsch-Supan and Courtney C. Coile 1. Trends in Social Security Incentives in Belgium    Anne-Lore Fraikin, Alain Jousten, and Mathieu Lefebvre 2. Retirement Decisions and Retirement Incentives: New Evidence from Canada    Kevin Milligan and Tammy Schirle 3. 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 4. Financial Incentives and Labor Force Participation of Older Workers: Evidence from France    Antoine Bozio, Simon Rabaté, Maxime Tô, and Julie Tréguier 5. Retirement Decisions in Germany: Micromodeling    Axel Börsch-Supan, Irene Ferrari, Nicolas Goll, and Johannes Rausch 6. The Effect of Retirement Incentives: Microevidence for Italy    Agar Brugiavini, Raluca Elena Buia, Giacomo Pasini, and Guglielmo Weber 7. The Relationship between Social Security Programs and Elderly Employment in Japan    Takashi Oshio, Satoshi Shimizutani, and Akiko S. Oishi 8. The Effects of Social Insurance Benefits on Leaving Employment at Older Ages in the Netherlands      Adriaan Kalwij and Arie Kapteyn 9. The Effects of Social Security Incentives on Retirement in Spain      Pilar García-Gómez, Sílvia Garcia-Mandicó, Sergi Jiménez-Martín, and Judit Vall-Castelló 10. Pension Reform, Incentives to Retire, and Retirement Behavior: Empirical Evidence from Swedish Microdata    Lisa Laun and Mårten Palme 11. Are Longer Working Lives a Response to Changing Financial Incentives? Exploiting Micro Panel Data from the UK    James Banks, Carl Emmerson, and David Sturrock 12. Changing Retirement Incentives and Retirement in the US    Courtney C. Coile Author Index Subject Index

About the Author :
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.


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Product Details
  • ISBN-13: 9780226836355
  • Publisher: The University of Chicago Press
  • Publisher Imprint: University of Chicago Press
  • Height: 229 mm
  • No of Pages: 488
  • Returnable: Y
  • Series Title: National Bureau of Economic Research Conference Report
  • Sub Title: The Effects of Reforms on Retirement Behavior
  • Width: 152 mm
  • ISBN-10: 0226836355
  • Publisher Date: 04 Mar 2025
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Returnable: Y
  • Spine Width: 36 mm
  • Weight: 766 gr


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Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior(National Bureau of Economic Research Conference Report)
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