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Working beyond the normal retirement age in urban China and urban Russia

Gustafsson, Björn; Nivorozhkina, L. I.; Wan, Haiyuan - 2021

and Russia is investigated using micro-data for 2002, 2013, and 2018. Estimated logit models show that, in both countries … female. We find that seniors in urban Russia are more likely to work for earnings than their counterparts in China. Two … earnings in urban China than in urban Russia. This is consistent with the facts that the normal retirement age is strictly …

Persistent link: https://www.econbiz.de/10012517145

Government transfers, work and wellbeing : evidence from the Russian old-age pension

Grogan, Louise Anne; Summerfield, Fraser - 2018

This paper examines the impacts of a large and anticipated government transfer, the Russian old-age pension, on labor supply, home production and subjective wellbeing. The discontinuity in eligibility at pension age is exploited for inference. The 2006-2011 Russian Longitudinal Monitoring Survey...

Persistent link: https://www.econbiz.de/10011949564

Social security coverage and the labor market in developing countries

Auerbach, Paula (contributor); … - 2007

This paper examines the reasons behind the low rates of participation in old age pension programs in developing countries. Using a large set of harmonized household surveys from Latin America we assess how much of the low participation can be explained by involuntary rationing out of jobs with...

Persistent link: https://www.econbiz.de/10003635385

What explains trends in labor force participation of older men in the United States?

Blau, David (contributor); Goodstein, Ryan (contributor) - 2007

After nearly a full century of decline, the Labor Force Participation Rate (LFPR) of older men in the United States leveled off in the 1980s, and began to increase in the late 1990s. We use a time series of cross sections from 1962 to 2005 to model the LFPR of men aged 55-69, with the aim of...

Persistent link: https://www.econbiz.de/10003637447

Preparing for policy changes : social security expectations and pension scheme participation

Wiel, Karen van der (contributor) - 2008

Western governments are currently contemplating how to adapt their Pay-As-You-Go pension systems so that these remain financially sustainable, even with an aged population. To the extent that policy-makers haven't already adapted their old age social security schemes, an ageing population thus...

Persistent link: https://www.econbiz.de/10003753597

The farm, the city, and the emergence of social security

Caucutt, Elizabeth M. (contributor); … - 2008

In this paper we study the social, demographic and economic origins of social security. The data for the U.S. and for a cross section of countries make it clear that urbanization and industrialization are strongly associated with the rise of social insurance. We describe a model economy in which...

Persistent link: https://www.econbiz.de/10003759906

Is there a social security tax wedge?

Cigno, Alessandro (contributor) - 2006

A Beveridgean pension scheme invariably introduces a wedge between the wage rate and the marginal take-home pay. A Bismarckian one can do so only if it is not actuarially fair, or in the presence of credit rationing. Interestingly, if the two possible sources of distortion are present at the...

Persistent link: https://www.econbiz.de/10003278947

Have you heard the news? : how real-life expectations react to publicity

Wiel, Karen van der - 2009

As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...

Persistent link: https://www.econbiz.de/10003824962

Increasing the legal retirement age : the impact on wages, worker flows and firm performance

Martins, Pedro S.; Novo, Álvaro A.; Portugal, Pedro - 2009

Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the financial consequences of ageing. Although the success of these policies is ultimately determined at the labour market, little is known about the effects of higher LRAs at the...

Persistent link: https://www.econbiz.de/10003847144

Does the welfare state make older workers unemployable?

Saint-Paul, Gilles - 2009

This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...

Persistent link: https://www.econbiz.de/10003900521

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