English, Article, Journal or magazine article edition: The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries Romain Duval

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries
Author
  • Romain Duval
Physical Description
  • preprint
Notes
  • This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement decision of older males in OECD countries. For each of the 55-59, 60-64 and 65+ age groups, a new panel dataset (22 OECD countries over 1969-1999 or shorter periods in some cases) of retirement incentives embedded in those schemes is constructed for an illustrative worker. The main focus is on the implicit tax rate on working for five more years, which sums up various dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and generosity of benefits. There is currently wide dispersion across OECD countries in implicit tax rates on continued work embedded in old-age pension and early retirement schemes: they are high in most Continental European Countries, compared with Japan, Korea, English-speaking and Nordic countries. Simple cross-country correlations and panel data econometric estimates both show that ... L’impact des systèmes de retraite et d’autres programmes de transferts sociaux sur la décision de départ à la retraite dans les pays de l’OCDE Cet article examine l’impact des systèmes de retraite et d’autres programmes de transferts sociaux sur la décision de départ à la retraite des hommes âgés dans les pays de l’OCDE. Pour chacun des groupes d’âge 55-59, 60-64 et 65+, un nouveau panel (22 pays de l’OCDE sur 1969-1999 ou des périodes plus courtes dans certains cas) de données concernant les incitations au départ à la retraite est construit pour un travailleur illustratif. L’analyse se concentre principalement sur la taxe implicite sur la poursuite du travail pour cinq années supplémentaires, qui synthétise différentes dimensions des incitations au départ à la retraite telles que le taux d’accumulation des droits à pension mais aussi, dans une moindre mesure, la disponibilité et la générosité des prestations. Il existe actuellement entre pays de l’OCDE une importante dispersion des taxes implicites sur la poursuite du travail engendrées par les systèmes de retraite et de préretraite : elles sont élevées dans la plupart ...
  • social security, public pensions, economics of the elderly, retirement policies, système de retraite, retraites publiques, économie du vieillissement, population active et emploi, politique des retraites, labour force and employment
  • RePEc:oec:ecoaaa:370-en
Language
  • English
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