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Tekijä:Borsch-Supan, A.
Otsikko:Incentive effects of social security on labor force participation: evidence in Germany across Europe
Lehti:Journal of Public Economics
2000 : OCT, VOL. 78:1/2, p. 25-50
Asiasana:SOCIAL SECURITY
LABOUR SUPPLY
GERMANY
Kieli:eng
Tiivistelmä:All across Europe, old age labor force participation has declined dramatically during the last decades. This secular trend coincides with population aging. The European social security systems therefore face a double threat: retirees receive pensions for a longer time while there are less workers per retiree to shoulder the financial burden of the pension systems. This paper shows that a significant part of this problem is homemade: most European pension systems provide strong incentives to retire early.
SCIMA tietueen numero: 218826
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