The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries:
This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement decision of older males in OECD countries. For each of the 55-59, 60-64 and 65+ age groups, a new panel dataset (22 OECD countries over 1969-1999 or shorter periods in some cases) of reti...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2003
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| Schriftenreihe: | OECD Economics Department Working Papers
no.370 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement decision of older males in OECD countries. For each of the 55-59, 60-64 and 65+ age groups, a new panel dataset (22 OECD countries over 1969-1999 or shorter periods in some cases) of retirement incentives embedded in those schemes is constructed for an illustrative worker. The main focus is on the implicit tax rate on working for five more years, which sums up various dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and generosity of benefits. There is currently wide dispersion across OECD countries in implicit tax rates on continued work embedded in old-age pension and early retirement schemes: they are high in most Continental European Countries, compared with Japan, Korea, English-speaking and Nordic countries. Simple cross-country correlations and panel data econometric estimates both show that ... |
| Beschreibung: | 1 Online-Ressource (46 p.) 21 x 29.7cm. |
| DOI: | 10.1787/308728704511 |
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| spelling | Duval, Romain VerfasserIn aut The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries Romain, Duval = L'impact des systèmes de retraite et d'autres programmes de transferts sociaux sur la décision de départ à la retraite dans les pays de l'OCDE / Romain, Duval L'impact des systèmes de retraite et d'autres programmes de transferts sociaux sur la décision de départ à la retraite dans les pays de l'OCDE Paris OECD Publishing 2003 1 Online-Ressource (46 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.370 This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement decision of older males in OECD countries. For each of the 55-59, 60-64 and 65+ age groups, a new panel dataset (22 OECD countries over 1969-1999 or shorter periods in some cases) of retirement incentives embedded in those schemes is constructed for an illustrative worker. The main focus is on the implicit tax rate on working for five more years, which sums up various dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and generosity of benefits. There is currently wide dispersion across OECD countries in implicit tax rates on continued work embedded in old-age pension and early retirement schemes: they are high in most Continental European Countries, compared with Japan, Korea, English-speaking and Nordic countries. Simple cross-country correlations and panel data econometric estimates both show that ... Economics FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/308728704511 Volltext |
| spellingShingle | Duval, Romain The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries Economics |
| title | The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries |
| title_alt | L'impact des systèmes de retraite et d'autres programmes de transferts sociaux sur la décision de départ à la retraite dans les pays de l'OCDE |
| title_auth | The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries |
| title_exact_search | The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries |
| title_full | The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries Romain, Duval = L'impact des systèmes de retraite et d'autres programmes de transferts sociaux sur la décision de départ à la retraite dans les pays de l'OCDE / Romain, Duval |
| title_fullStr | The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries Romain, Duval = L'impact des systèmes de retraite et d'autres programmes de transferts sociaux sur la décision de départ à la retraite dans les pays de l'OCDE / Romain, Duval |
| title_full_unstemmed | The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries Romain, Duval = L'impact des systèmes de retraite et d'autres programmes de transferts sociaux sur la décision de départ à la retraite dans les pays de l'OCDE / Romain, Duval |
| title_short | The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries |
| title_sort | retirement effects of old age pension and early retirement schemes in oecd countries |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/308728704511 |
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