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Adjusting Government Policies for Age Inflation
Shoven, John B. - 2010
Government policies that are based on age do not adjust to the fact that a given age is associated with a higher remaining life expectancy and lower mortality risk relative to earlier time periods due to improvements in mortality. We examine four possible methods for adjusting the eligibility...
Persistent link: https://www.econbiz.de/10012758511
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Demographic Change, Social Security Systems, and Savings
Bloom, David E. - 2010
In theory, improvements in healthy life expectancy should generate increases in the average age of retirement, with little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent retirement ages from keeping pace with changes in life...
Persistent link: https://www.econbiz.de/10012760611
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Simulating Alternative Social Security Responses to the Demographic Transition
Auerbach, Alan J.; Kotlikoff, Laurence J. - 2021
The U.S. and other western economies are experiencing dramatic changes in growth and age structure of their populations. Fluctuations in birth rates are the most important determinants of these changes in the post war period. This paper examines the dynamic effects of baby "booms" and...
Persistent link: https://www.econbiz.de/10013249582
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Old Europe Ages : Reforms and Reform Backlashes
Börsch-Supan, Axel H. - 2010
The extent of the demographic changes in Europe is dramatic and will deeply affect future labor, financial and goods markets. The expected strain on public budgets and especially social security has already received prominent attention, but aging poses many other economic challenges that...
Persistent link: https://www.econbiz.de/10013147613
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Labor Market Effects of Population Aging
Börsch-Supan, Axel H. - 2021
, will have large effects on the pattern of employment across different sectors of the economy and will require a substantial …
Persistent link: https://www.econbiz.de/10013216487
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The Impact of Health and Education on Labor Force Participation in Aging Societies – Projections for the United States and Germany from a Dynamic Microsimulation
Böheim, René; Horvath, Thomas; Leoni, Thomas; … - 2023
Using a highly stylized dynamic microsimulation model, we project the labor force of the United States up to the year 2060 and contrast these projections with projections for Germany to assess differential effects on outcomes The projections are consistent with the U S Census Bureau’s and...
Persistent link: https://www.econbiz.de/10014347913
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Social Security and Retirement Around the World : Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms - Introduction and Summa...
Milligan, Kevin S. - 2011
the labor force participation of younger persons in twelve countries. We found no evidence that increasing the employment … of older persons will reduce the employment opportunities of youth and no evidence that increasing the employment of … employment circumstances of older workers. We find that these "exogenous" reforms can have a very large effect on the labor force …
Persistent link: https://www.econbiz.de/10013130978
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Labor Force Participation of the Elderly in Japan
Oshio, Takashi - 2018
countries. In the present study, we overview the employment trend of the elderly in Japan, and examine what factors have … less physically demanding jobs have allowed the elderly to stay longer in the labor force. However, elderly employment … been a key driver of the long-term trend change in elderly employment. A series of social security reforms have helped …
Persistent link: https://www.econbiz.de/10012918637
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Trends in Male Labor Force Participation and Retirement : Some Evidence on the Role of Pensions and Social Security in the 1970'S and 1980'S
Anderson, Patricia M.; Gustman, Alan L.; Steinmeier, … - 2021
This paper estimates the effects on steady state retirement by men of changes in pension" plans and social security in the 1970's and 1980's. Work incentives associated with pension" coverage and plan characteristics are calculated primarily from the 1969-79 Retirement History" Study and the...
Persistent link: https://www.econbiz.de/10013221842
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The Social Security Disability Program and Labor Force Participation
Leonard, Jonathan S. - 2021
In the last twenty years the labor force participation rates of 45 to 54-year-old men have fallen 10.6 percentage points among non-whites and 4.4 percentage points among whites. I find that nearly half of this puzzling decline can be explained by the growth of the Social Security Disability...
Persistent link: https://www.econbiz.de/10013249712