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...
Gespeichert in:
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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
no.1616 |
| Schlagworte: | |
| Online-Zugang: | 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 p.) |
| DOI: | 10.1787/3f430e2b-en |
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| spelling | Turner, David VerfasserIn 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 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1616 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 MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/3f430e2b-en 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_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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