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Social Security Programs and Retirement around the World

Author : Axel Börsch-Supan
Publisher : University of Chicago Press
Page : 481 pages
File Size : 28,52 MB
Release : 2021-03-05
Category : Business & Economics
ISBN : 022667424X

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This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men’s labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase or its large variation across countries. The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment.

Social Security Programs and Retirement around the World

Author : Jonathan Gruber
Publisher : University of Chicago Press
Page : 552 pages
File Size : 21,86 MB
Release : 2009-02-15
Category : Business & Economics
ISBN : 0226310000

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The future of Social Security is troubled, both in the United States and in most other developed countries with aging populations. As improvements in health care and changes in life styles enable retirees to live longer than ever before, the stress on national budgets will increase substantially. In Social Security Programs and Retirement around the World, Jonathan Gruber, David A. Wise, and experts in many countries examine the consequences of reforming retirement benefits in a dozen nations. Drawing on the work of an international group of noted economists, the editors argue that social security programs provide strong incentives for workers to leave the labor force by retiring and taking the benefits to which they are entitled. By penalizing work, social security systems magnify the increased financial burden caused by aging populations, thus contributing to the insolvency of the system. This book is a model of comparative analysis that evaluates the effects of illustrative policies for countries facing the impending rapid growth of social security benefits. Its insights will help inform one of the most pressing debates.

Social Security Programs and Retirement Around the World

Author : David A. Wise
Publisher : University of Chicago Press
Page : 417 pages
File Size : 13,31 MB
Release : 2017-06-02
Category : Business & Economics
ISBN : 022644287X

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In recent years, the retirement age for public pensions has increased across many countries, and additional increases are in progress or under discussion in many more. The seventh stage of an ongoing research project studying the relationship between social security programs and labor force participation, Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages explores people’s capacity to work beyond the current retirement age. It brings together an international team of scholars from twelve countries—Belgium, Canada, Denmark, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom, and the United States—to analyze this issue. Contributors find that many—but not all—individuals have substantial capacity to work at older ages. However, they also consider how policymakers might divide gains in life expectancy between years of work and retirement, as well as the main impediments to longer work life. They consider factors that influence the demand for older workers, as well as the evolution of health and disability status, which may affect labor supply from the older population.

Social Security Programs and Retirement Around the World

Author : David A. Wise
Publisher : University of Chicago Press
Page : 559 pages
File Size : 50,32 MB
Release : 2016-01-13
Category : Business & Economics
ISBN : 022626257X

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"Research has shown that disability insurance programs can play a large role in the departure of older persons from the labor force, as many workers pass through disability insurance on their path from employment to retirement. But what is the real effect that disability insurance programs have on labor-force participation in different countries? David A. Wise authoritatively tackles this question. This volume’s research encompasses the globe, traveling from Belgium to Canada to Japan and the United States, and covers the provisions of disability insurance programs as well as other pathways to retirement in over twelve countries."--From publisher description.

Social Security Programs and Retirement around the World

Author : Jonathan Gruber
Publisher : University of Chicago Press
Page : 752 pages
File Size : 50,49 MB
Release : 2009-02-15
Category : Political Science
ISBN : 0226309983

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Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the financial burden caused by an aging population. At a certain age there is simply no financial benefit to continuing to work. In this volume, the authors turn to a country-by-country analysis of retirement behavior based on micro-data. The result of research compiled by teams in twelve countries, the volume shows an almost uniform correlation between levels of social security incentives and retirement behavior in each country. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labor market institutions, and other social characteristics.

Social Security Programs and Retirement Around the World

Author : David A. Wise
Publisher : University of Chicago Press
Page : 470 pages
File Size : 48,94 MB
Release : 2012-09-15
Category : Business & Economics
ISBN : 0226903095

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In nearly every industrialized country, large aging populations and increased life expectancy have placed enormous pressure on social security programs—and, until recently, the pressure has been compounded by a trend toward retirement at an earlier age. With a larger fraction of the population receiving benefits, in coming decades social security in many countries may have to be reformed in order to remain financially viable. This volume offers a cross-country analysis of the effects of disability insurance programs on labor force participation by older workers. Drawing on measures of health that are comparable across countries, the authors explore the extent to which differences in the labor force are determined by disability insurance programs and to what extent disability insurance reforms are prompted by the circumstances of a country’s elderly population.

Social Security Programs Throughout The World: Europe, 2012

Author : Social Security Administration (U S )
Publisher : Government Printing Office
Page : 328 pages
File Size : 35,75 MB
Release : 2012-10-24
Category : History
ISBN : 9780160913839

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Social Security Programs Throughout the World: Europe, 2012 provides a cross-national comparison of social security systems. It summarizes the five main social insurance programs: old age, disability, and survivors; sickness and maternity; work injury; unemployment; and family allowances. It is published in four regional volumes (Europe, Asia and the Pacific, Africa, and the Americas), one every 6 months.