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Social Security Programs and Retirement Around the World: Micro-Estimation
Contributor(s): Gruber, Jonathan (Editor), Wise, David A. (Editor)
ISBN: 0226310183     ISBN-13: 9780226310183
Publisher: University of Chicago Press
OUR PRICE:   $127.30  
Product Type: Hardcover - Other Formats
Published: March 2004
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Annotation: "Social Security Programs and Retirement around the World" represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the financial burden caused by an aging population. At a certain age there is simply no financial benefit to continuing to work.
In this volume, the authors turn to a country-by-country analysis of retirement behavior based on micro-data. The result of research compiled by teams in twelve countries, the volume shows an almost uniform correlation between levels of social security incentives and retirement behavior in each country. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labor market institutions, and other social characteristics.
Additional Information
BISAC Categories:
- Political Science | Comparative Politics
- Political Science | Public Policy - Social Services & Welfare
- Political Science | Public Policy - Social Security
Dewey: 368.43
LCCN: 2003050721
Series: National Bureau of Economic Research Conference Report
Physical Information: 1.83" H x 6.38" W x 9.44" (2.42 lbs) 752 pages
 
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Contributor Bio(s): Wise, David A.: -

David A. Wise is the John F. Stambaugh Professor of Political Economy emeritus at Harvard Kennedy School and a research associate of the NBER.