Hairault, Jean-Olivier; Langot, François; Sopraseuth, … - In: Revue d'économie politique 115 (2005) 2, pp. 241-263
In France, the pattern of old age pension is characterized by a tax on continued activity, which distorts labour market … participation towards a retirement age far below the one that would prevail in an optimal environment. This tax on continued … activity would disappear with an actuarially fair system that links replacement rates to retirement age. However, by definition …
