| Social Security Programs and Retirement Around the World: Reforms and Retirement Incentives Contributor(s): Börsch-Supan, Axel (Editor), Coile, Courtney C. (Editor) |
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ISBN: 022667410X ISBN-13: 9780226674100 Publisher: University of Chicago Press OUR PRICE: $143.55 Product Type: Hardcover Published: February 2021 |
| Additional Information |
| BISAC Categories: - Business & Economics | International - Economics - Business & Economics | Public Finance - Political Science | Public Policy - Social Security |
| Dewey: 368.43 |
| LCCN: 2020004253 |
| Physical Information: 1.3" H x 6.3" W x 9.1" (1.80 lbs) 672 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men's labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase or its large variation across countries. The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment. |