This paper investigates how parametric reform in a pay-as-you-go pension system with a tax benefit link affects retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of prime-age workers in the presence of a tax benefit link,...

Population aging will be a major determinant of long-run economic development in industrial and developing countries. The extent of the demographic changes is dramatic in some countries and will deeply affect future labor, financial and goods markets. The expected strain on public budgets and...

"This book examines the growth of careers outside a traditional standard employment pattern and how those in "atypical jobs" will fare in retirement, analyzing how the interplay between labor market reforms/trends and pension reforms will affect income security in old age during future decades"--