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Social Security Programs and Retirement around the World
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Social Security Programs and Retirement around the World: The Relationship to Youth Employment

Jonathan Gruber and David A. Wise

Abstract

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 lifespan, 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. This book offers comparativ ... More

Keywords: social security systems, birth rates, retirees, benefits-paying employees, mortality rates, lifespan, social security programs, labor force, workforce

Bibliographic Information

Print publication date: 2010 Print ISBN-13: 9780226309484
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226309507.001.0001

Authors

Affiliations are at time of print publication.

Jonathan Gruber, editor

David A. Wise, editor

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Contents

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Introduction and Summary

Jonathan Gruber, Kevin Milligan, and David A. Wise

1 The Effects of Early Retirement on Youth Unemployment

Alain Jousten, Mathieu Lefèbvre, Sergio Perelman, and Pierre Pestieau

2 The Interaction of Youth and Elderly Labor Markets in Canada

Michael Baker, Jonathan Gruber, and Kevin Milligan

3 Social Security, Retirement, and Employment of the Young in Denmark

Paul Bingley, Nabanita Datta Gupta, and Peder J. Pedersen

4 Labor Force Participation by the Elderly and Employment of the Young

Melika Ben Salem, Didier Blanchet, Antoine Bozio, and Muriel Roger

5 Early Retirement and Employment of the Young in Germany

Axel Börsch-Supan and Reinhold Schnabel

6 Youth Unemployment and Retirement of the Elderly

Agar Brugiavini and Franco Peracchi

8 Early Retirement and Employment of the Young in the Netherlands

Arie Kapteyn, Klaas de Vos, and Adriaan Kalwij

9 Social Security Incentives, Exit from the Workforce, and Entry of the Young

Michele Boldrin, Pilar García-Gómez, and Sergi Jiménez-Martín

11 Releasing Jobs for the Young?

James Banks, Richard Blundell, Antoine Bozio, and Carl Emmerson