Social Security Programs and Retirement around the World: Reforms and Retirement Incentives
Social Security Programs and Retirement around the World: Reforms and Retirement Incentives
Cite
Abstract
Through the coordination of work of a team of analysts in twelve countries for twenty years, the International Social Security (ISS) project has used the differences in social security programs across countries as a natural laboratory to study the effects of retirement program provisions on the labor force participation of older persons and related questions. The first several phases documented the strong relationship across countries between social security incentives and older men’s labor force participation, confirmed this relationship in microeconomic analysis, and estimated the labor market and fiscal implications of social security reform. Later volumes have examined the relationship between disability insurance program provisions, health, and retirement and explored whether older employment affects youth unemployment and whether older workers are healthy enough to work longer. The project has examined recent trends in labor force participation at older ages and potential explanations for these behavioral changes, such as cohort changes in health and education. In this volume, we explore how financial incentives to work at older ages have evolved from 1980 to today. We highlight the important role of reforms in these changing incentives and examine how changing incentives may have affected retirement behavior by comparing trends in incentive measures within and across countries to trends in employment.
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Front Matter
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Introduction
Axel Börsch-Supan andCourtney C. Coile
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1
Social Security Incentives in Belgium: An Analysis of Four Decades of Change
Anne-Lore Fraikin and others
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2
Retirement Incentives and Canada’s Social Security Programs
Kevin Milligan andTammy Schirle
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3
Labor Force Exit in Denmark, 1980–2016: Impact from Changes in Incentives
Paul Bingley and others
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4
Workers’ Employment Rates and Pension Reforms in France: The Role of Implicit Labor Taxation
Didier Blanchet and others
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5
Social Security Reforms and the Changing Retirement Behavior in Germany
Axel Börsch-Supan and others
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6
The Evolution of Incentives for Retirement in Italy, 1980–2015
Agar Brugiavini and others
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7
Social Security Programs and Elderly Employment in Japan
Takashi Oshio and others
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8
Social Security Programs and Employment at Older Ages in the Netherlands
Klaas de Vos and others
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9
Trends in Employment and Social Security Incentives in the Spanish Pension System, 1980–2016
Pilar García-Gómez and others
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10
Social Security Reforms and the Changing Retirement Behavior in Sweden
Mårten Palme andLisa Laun
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11
A Lifetime of Changes: State Pensions and Work Incentives at Older Ages in the UK, 1948–2018
James Banks andCarl Emmerson
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12
The Evolution of Retirement Incentives in the US
Courtney C. Coile
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End Matter
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