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Social Security Programs and Retirement around the World
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Social Security Programs and Retirement around the World: Micro-Estimation

Jonathan Gruber and David A. Wise

Abstract

This book represents the second stage of an ongoing research project studying the relationship between social security and labor. The first volume 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 analysi ... More

Keywords: social security, labor, developed countries, retirement, aging population, cultural histories, labor market institutions, social characteristics, continued work, older employees

Bibliographic Information

Print publication date: 2004 Print ISBN-13: 9780226310183
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226309989.001.0001

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 and David A. Wise

1 Micro-Modeling of Retirement in Belgium

Arnaud Dellis, Raphaël Desmet, Alain Jousten and Sergio Perelman

2 Income Security Programs and Retirement in Canada

Michael Baker, Jonathan Gruber, and Kevin Milligan

3 The Impact of Incentives on Retirement in Denmark

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

5 Micro-Modeling of Retirement Decisions in Germany

Axel Börsch-Supan, Reinhold Schnabel, Simone Kohnz, and Giovanni Mastrobuoni

6 Micro-Modeling of Retirement Behavior in Italy

Agar Brugiavini and Franco Peracchi

9 Micro-Modeling of Retirement Behavior in Spain

Michele Boldrin, Sergi Jiménez-Martín,, and Franco Peracchi

10 Income Security Programs and Retirement in Sweden

Mårten Palme and Ingemar Svensson

11 Pension Incentives and the Pattern of Retirement in the United Kingdom

Richard Blundell, Costas Meghir, and Sarah Smith