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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/10012472602
We develop a dynamic politico-economic theory of welfare state and immigration policies, featuring three groups of voters: skilled workers, unskilled workers, and old retirees. The welfare-state is modeled by a proportional tax on labor income to finance a demogrant in a balanced-budget manner...
Persistent link: https://www.econbiz.de/10012463052
We develop a dynamic politico-economic theory of welfare state, featuring three groups of voters: skilled workers, unskilled workers, and old retirees. The welfare-state is modeled by a proportional tax on labor income to finance a demogrant in a balanced-budget manner to capture the essence of...
Persistent link: https://www.econbiz.de/10012463863
eliminate the incentives for older persons to leave the labor force, claiming that the consequent increase in the employment of … older person would reduce the employment of younger persons. The validity of such claims is addressed in this volume …
Persistent link: https://www.econbiz.de/10012464002
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/10012478756
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 … reforms were not prompted by changes in health status or by changes in the employment circumstances of older workers. We find …
Persistent link: https://www.econbiz.de/10012461938
Japanese annual time series data covering the period 1951 to 1982 reveals that changes in the program of social security retirement benefits have substantial influence on personal saving and retirement behavior. The empirical results show that social security retirement benefits depress personal...
Persistent link: https://www.econbiz.de/10012475743
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/10012453104
studies the impact of those incentive-based reforms on observed changes in older workers' employment patterns. We investigate …
Persistent link: https://www.econbiz.de/10014337786
unemployed because it suggests that increases in employment will require reductions in the real wages of those currently employed …. The first part of this paper shows that increases in employment in Europe are likely to be associated with rising real … take-home pay for workers because of fiscal increasing returns. Increases in employment and output will make possible …
Persistent link: https://www.econbiz.de/10012477035