The Wage Carrot and the Pension Stick: Retirement Benefits and Labor Force Participation.
نویسندگان
چکیده
منابع مشابه
Pension integration and retirement benefits
The issue of retiree income is important in a time of proposed Social Security reform. In 1996, for example, the shares of aggregate income for those aged 65 or older were, on average, 40.3 percent from Social Security, 18.5 percent from employer pensions, 20 percent from employment, and 21.1 percent from assets and other forms of income. Integration of pension income with Social Security incom...
متن کاملMandatory retirement and labor-force participation of respondents in the Retirement History Study.
The Age Discrimination in Employment Act (ADEA) was amended in 1978 to prohibit mandatory retirement before age 70 in most occupations. The impact of this legislation on the probability of older persons remaining in the labor force is the primary concern of this article. Specifically, questions concerning which older workers are affected by mandatory-retirement provisions and the extent to whic...
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Policy distortions are provoking unnecessarily early retirement Average effective retirement ages have declined in many OECD countries over the past three decades, and cross-country differences have become wide (Figure 1). Reversing this past decline would raise the labour force participation and employment of older workers. This in turn would ease the adjustment to ageing populations, curb age...
متن کاملThe Rise in Female Labor Force Participation and the Decline in Male Retirement Age
The significant decrease in the labor force participation of older men remains a puzzle, despite many studies that have analyzed the role of Social Security and pension incentives. This paper examines whether the population trends of rising labor force participation among women and earlier retirement among men are present at the household level. The results indicate that a husband’s retirement ...
متن کاملProductivity Investment and Labor Force Participation in Search Equilibrium
The present paper contributes to the theoretical analysis of the human capital investment and participation decision of heterogeneous workers in the search and matching framework. Its aim is to characterize the equilibrium and to identify the efficiency. Here, the paper studies search equilibrium and matching to consider the participation decision of heterogeneous workers who have differen...
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ژورنال
عنوان ژورنال: Industrial and Labor Relations Review
سال: 1991
ISSN: 0019-7939
DOI: 10.2307/2524717