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Social Security Programs and Retirement around the World
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Social Security Programs and Retirement around the World: Fiscal Implications of Reform

Jonathan Gruber and David A. Wise

Abstract

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. This book examines the consequences of reforming retirement benefits in a dozen nations. Drawing on the work of an international group of economists, the chapters argue that social security programs provide strong incentives for workers to leave the labor force by retiring and taking the benefits to w ... More

Keywords: social security, developed countries, aging populations, health care, national budgets, retirement benefits, labor force, insolvency, comparative analysis, illustrative policies

Bibliographic Information

Print publication date: 2007 Print ISBN-13: 9780226310176
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226310008.001.0001

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 Lefébvre, 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, 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