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Social Security Programs and Retirement around the WorldWorking Longer$
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Courtney C. Coile, Kevin Milligan, and David A. Wise

Print publication date: 2019

Print ISBN-13: 9780226619293

Published to Chicago Scholarship Online: September 2020

DOI: 10.7208/chicago/9780226619323.001.0001

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Why Are People Working Longer in the Netherlands?

Why Are People Working Longer in the Netherlands?

Chapter:
(p.179) 8 Why Are People Working Longer in the Netherlands?
Source:
Social Security Programs and Retirement around the World
Author(s):

Adriaan Kalwij

Arie Kapteyn

Klaas de Vos

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226619323.003.0009

Labor force participation at older ages has been rising in the Netherlands since the mid-1990s. Reforms of the social security and pension systems have often been put forward as main explanations for this rise. However, participation rates above the normal retirement age of 65 have almost tripled for men and quadrupled for women despite the fact that at those ages reforms are unlikely to have had much impact. This suggests other factors may have played an important role in this rise as well. In addition to the effects of reforms in social security and pension systems, this chapter examines the importance for men’s labor force participation at older ages of improved health, increased levels of education, and differences in skills across cohorts, as the older cohorts moved into retirement, such that workers’ characteristics better matched labor demand. These changes on the labor supply side are likely to have contributed to the success of the reforms since the mid-1990s and to have had a large independent impact on men’s labor force participation at older ages.

Keywords:   aging populations, increased life expectancy, social security programs, reforms, disability insurance programs, labor force participation, older workers, measures of health, education, skills

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