Knowledge about how elderly workers react to changes in pension benefits is important in guiding the design of social security systems. This paper contributes to this knowledge by examining the effect of changed replacement rates on part-time retirement behaviour in Sweden. During the 1980s,...

The Swedish pension reform of 1999-2003 provides an opportunity to study whether and how important economic incentives are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits than the former system. I study whether the reform has...

Using a stochastic general equilibrium model with overlapping generations, this paper studies a policy rule for the retirement age aiming at offsetting the effects on the supply of labour following fertility changes. We find that the retirement age should increase more than proportionally to the...

Comparing Sweden to other EU countries, labour force participation rates of older individuals and females are high. These facts are consistent with the idea that institutional design matters: access to child care, paid parental leave, and a tax system with individual rather than household income...

The Swedish pension reform of 1999-2003 provides an opportunity to study whether and how important economic incentives are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits than the former system. I study whether the reform has...

Knowledge about how elderly workers react to changes in pension benefits is important in guiding the design of social security systems. This paper contributes to this knowledge by examining the effect of changed replacement rates on part-time retirement behaviour in Sweden. During the 1980s,...

In this paper, we examine whether adult education delays retirement and increases labour force participation among the elderly, a mechanism suggested in the OECD strategy for “active ageing” and the “Lisbon strategy” of the EU. Using register data from Sweden, we analyse transcripts from...

Comparing Sweden to other EU countries, labour force participation rates of older individuals and females are high. These facts are consistent with the idea that institutional design matters: access to child care, paid parental leave, and a tax system with individual rather than household income...

This report evaluates the tax-benefit reforms in 1996?2001. The Government appointed a working group in 1995 to plan the tax-benefit reforms. The proposals of the group were first implemented in 1997 and all the measures were carried out by 1998. After 1998 the focus has shifted to improve the...

In aging societies, information on how to reform pension systems is essential to policy makers. This study scrutinizes effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ administrative pension data and a detailed model of...