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In the face of the substantial ageing of population expected to occur in OECD countries over coming decades, policies that boost labour-force participation attract considerable interest. There remain large cross-country divergences in participation rates that are largely accounted for by...
Persistent link: https://www.econbiz.de/10005046125
. With an already low effective retirement age, additional early permanent exit from the labour market needs to be … step in the right direction, but the old–age retirement system should be further adjusted to lower fiscal costs, raise the … minimum retirement age and increase work incentives for older individuals. This Working Paper relates to the 2010 Economic …
Persistent link: https://www.econbiz.de/10008587586
downturns. In particular, early retirement incentives embedded in old-age pension schemes and other social transfer programmes …
Persistent link: https://www.econbiz.de/10009146866
Social institutions face many challenges. The recent economic crisis has provided a stress test as it has left a legacy of high unemployment and high government debt in many countries. It also lowered potential output and thus the revenue base for social protection schemes. At the same time,...
Persistent link: https://www.econbiz.de/10011276728
, reforms are needed now to develop an effective three-pillar system of retirement income based on the National Pension Scheme …
Persistent link: https://www.econbiz.de/10011276854
As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...
Persistent link: https://www.econbiz.de/10011276855
by the removal of the pathways to early retirement. In order to allow people to work longer, labour market flexibility …
Persistent link: https://www.econbiz.de/10011276879
The recent economic crisis has provided a stress test for the vulnerability of social institutions. This paper assesses the vulnerability of social institutions in light of the current crisis, and surveys past episodes, when social institutions faced similar challenges. Public pay-as-you-go...
Persistent link: https://www.econbiz.de/10011276881
A rapid decrease in unemployment is a short-term priority to limit social problems and reduce the risk of rising structural unemployment. To this end, strengthening labour market policies to sustain labour demand is key. The public works programme should remain temporary and become more focused...
Persistent link: https://www.econbiz.de/10011276908
needed to develop an effective three-pillar system of retirement income based on the National Pension Scheme (NPS), company …
Persistent link: https://www.econbiz.de/10011276932