Revisiting the effect of statutory pension ages on the participation rate:
Many OECD governments have enacted, or are contemplating, future increases in statutory pension ages, sometimes provoking vociferous political opposition. Empirical cross-country estimation work consistently finds that coefficients on statutory pension ages are positive and highly statistically sign...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2020
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | Many OECD governments have enacted, or are contemplating, future increases in statutory pension ages, sometimes provoking vociferous political opposition. Empirical cross-country estimation work consistently finds that coefficients on statutory pension ages are positive and highly statistically significant in explaining labour-force participation at older ages. There is also some consistency in the magnitude of the estimated effects across studies, although this magnitude seems surprisingly modest when translated into the implied effect on average retirement ages: an increase in statutory pension ages by one year is typically estimated to increase the average effective retirement age by only about two months |
| Beschreibung: | 1 Online-Ressource (29 Seiten) |
| DOI: | 10.1787/3f430e2b-en |
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| spelling | Turner, David Verfasser aut Revisiting the effect of statutory pension ages on the participation rate David Turner and Hermes Morgavi Paris OECD Publishing 2020 1 Online-Ressource (29 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Many OECD governments have enacted, or are contemplating, future increases in statutory pension ages, sometimes provoking vociferous political opposition. Empirical cross-country estimation work consistently finds that coefficients on statutory pension ages are positive and highly statistically significant in explaining labour-force participation at older ages. There is also some consistency in the magnitude of the estimated effects across studies, although this magnitude seems surprisingly modest when translated into the implied effect on average retirement ages: an increase in statutory pension ages by one year is typically estimated to increase the average effective retirement age by only about two months Economics Morgavi, Hermes ctb https://doi.org/10.1787/3f430e2b-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Turner, David Revisiting the effect of statutory pension ages on the participation rate Economics |
| title | Revisiting the effect of statutory pension ages on the participation rate |
| title_auth | Revisiting the effect of statutory pension ages on the participation rate |
| title_exact_search | Revisiting the effect of statutory pension ages on the participation rate |
| title_exact_search_txtP | Revisiting the effect of statutory pension ages on the participation rate |
| title_full | Revisiting the effect of statutory pension ages on the participation rate David Turner and Hermes Morgavi |
| title_fullStr | Revisiting the effect of statutory pension ages on the participation rate David Turner and Hermes Morgavi |
| title_full_unstemmed | Revisiting the effect of statutory pension ages on the participation rate David Turner and Hermes Morgavi |
| title_short | Revisiting the effect of statutory pension ages on the participation rate |
| title_sort | revisiting the effect of statutory pension ages on the participation rate |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/3f430e2b-en |
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