Social Security Programs and Retirement around the World: The Relationship to Youth Employment available in Hardcover
- Pub. Date:
- University of Chicago Press
Many countries have social security systems that are currently financially unsustainable. Economists and policy makers have long studied this problem and identified two key causes. First, as declining birth rates raise the share of older persons in the population, the ratio of retirees to benefits-paying employees increases. Second, as falling mortality rates increase lifespans, retirees receive benefits for longer than in the past. Further exacerbating the situation, the provisions of social security programs often provide strong incentives to leave the labor force.
Social Security Programs and Retirement around the World offers comparative analysis from twelve countries and examines the issue of age in the labor force. A notable group of contributors analyzes the relationship between incentives to retire and the proportion of older persons in the workforce, the effects that reforming social security would have on the employment rates of older workers, and how extending labor force participation will affect program costs. Dispelling the myth that employing older workers takes jobs away from the young, this timely volume challenges a raft of existing assumptions about the relationship between old and young people in the workforce.
|Publisher:||University of Chicago Press|
|Series:||National Bureau of Economic Research Conference Report Series|
|Product dimensions:||6.20(w) x 9.10(h) x 1.30(d)|
About the Author
Jonathan Gruber is professor of economics at the Massachusetts Institute of Technology and director of the Program on Health Care at the National Bureau of Economic Research, where he is a research associate. David A. Wise is the John F. Stambaugh Professor of Political Economy at the Kennedy School of Government, Harvard University. He is area director of the Health and Retirement programs, director of the Program on the Economics of Aging, and a research associate at the NBER.
Table of Contents
Introduction and Summary
Jonathan Gruber, Kevin Milligan, David A. Wise
1. The Effects of Early Retirement on Youth Unemployment: The Case of Belgium
Alain Jousten, Mathieu Lefèbvre, Sergio Perelman, Pierre Pestieau
2. The Interaction of Youth and Elderly Labor Markets in Canada
Michael Baker, Jonathan Gruber, Kevin Milligan
3. Social Security, Retirement and Employment of the Young in Denmark
Paul Bingley, Nabanita Datta Gupta, Peder J. Pedersen
4. Labor Force Participation by the Elderly and Employment of the Young: The Case of France
Melika Ben Salem, Didier Blanchet, Antoine Bozio, Muriel Roger
5. Early Retirement and Employment of the Young in Germany
Axel Börsch-Supan, Reinhold Schnabel