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What accounts for the striking decline in labor force participation at increasingly younger ages? Social Security and Retirement around the World examines one explanation: social security programs actually provide incentives for early retirement. This volume houses a set of remarkable papers that present information on the social security systems, and labor force participation patterns, in Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom, and the United States. "This book is highly recommended for the serious student of retirement age trends and social security old-age pension policies of industrial nations in a cross-national context." Martin B. Tracy, Journal of Sociology and Social Welfare "A path-breaking public-policy study. The authors consistently use a new methodology to evaluate the consequences of retirement systems on the behavior of older workers in eleven industrialized countries. In doing so, the book passes a major test of any conference volume the whole greatly exceeds the sum of its parts. This book without question provides the most consistent cross-national analyses of the work disincentives of retirement programs ever produces. Moreover it will serve as the model for all future efforts of this kind." Journal of Economics

Social security law --- Personnel management --- Social security --- Retirement income --- Old age pensions --- Older people --- Sécurité sociale --- Revenu de retraite --- Pensions de vieillesse --- Personnes âgées --- Congresses --- Economic conditions --- Congrès --- Conditions économiques --- AA / International- internationaal --- 368.43 --- 332.832 --- -Retirement income --- -Old age pensions --- -Aged --- -368.4 --- Aged --- Aging people --- Elderly people --- Old people --- Older adults --- Older persons --- Senior citizens --- Seniors (Older people) --- Age groups --- Persons --- Gerontocracy --- Gerontology --- Old age --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Retirement pensions --- Survivors' benefits (Old age pensions) --- Pensions --- Income --- Insurance, Social --- Insurance, State and compulsory --- Social insurance --- Insurance --- Income maintenance programs --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Pensioen. Brugpensioen. --- -Congresses --- Sécurité sociale --- Personnes âgées --- Congrès --- Conditions économiques --- 368.4 --- Pensioen. Brugpensioen --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Congresses. --- Social security - Congresses --- Retirement income - Congresses --- Old age pensions - Congresses --- Older people - Economic conditions - Congresses --- retiree, aging, age, growing old, elderly, worker, workforce, labor, pay, income, wages, wealth, finance, financial, international, global, study, academic, scholarly, research, incentive, essay collection, belgium, canada, sweden, spain, france, germany, italy, japan, netherlands, united kingdom, usa, trends, industrial, cultural, comparison.

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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.

Social security. --- Retirement --- Retirement income. --- Older people --- Sécurité sociale --- Retraite --- Revenu de retraite --- Personnes âgées --- Economic aspects. --- Employment. --- Aspect économique --- Travail --- Social Security. --- Retirement income --- Economic aspects --- Employment --- 351.84 --- 36 --- Social security --- -Retirement income --- Aged --- -351.84 --- AA / International- internationaal --- 368.43 --- 332.832 --- 368.45 --- 368.40 --- 368.42 --- Aging people --- Elderly people --- Old people --- Older adults --- Older persons --- Senior citizens --- Seniors (Older people) --- Age groups --- Persons --- Gerontocracy --- Gerontology --- Old age --- Income --- Superannuation --- Termination of employment --- Leisure --- Insurance, Social --- Insurance, State and compulsory --- Social insurance --- Insurance --- Income maintenance programs --- Sociaal zekerheidsrecht. Sociaal bestuursrecht. R.S.Z.--(sociale verzekering zie {369}) --- Maatschappelijk werk --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Pensioen. Brugpensioen. --- Sociale lasten (belang en impact). --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden. --- Ziekte- en invaliditeitsverzekering. Ziekenfondsen. --- Older people -- Employment. --- Retirement - Economic aspects. --- Retirement -- Economic aspects. --- 36 Maatschappelijk werk --- 351.84 Sociaal zekerheidsrecht. Sociaal bestuursrecht. R.S.Z.--(sociale verzekering zie {369}) --- Sécurité sociale --- Personnes âgées --- Aspect économique --- Older unemployed --- Pensioen. Brugpensioen --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden --- Ziekte- en invaliditeitsverzekering. Ziekenfondsen --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Sociale lasten (belang en impact) --- 36 Safeguarding the mental and material necessities of life --- Safeguarding the mental and material necessities of life --- 36 Waarborgen van de mentale en materiële behoeften van het leven; maatschappelijk werk --- Waarborgen van de mentale en materiële behoeften van het leven; maatschappelijk werk --- Retirement - Economic aspects --- Older people - Employment --- retiree, career, job, worker, workforce, labor, aging, growing old, government, welfare, healthcare, wellness, international, global, politics, political, policies, academic, scholarly, research, incentives, pay, income, wealth, elderly, finance, financial, analysis, country, data, correlation, behavior, social, market, belgium, canada, denmark, france, germany, italy, japan, netherlands, spain, micro, sweden, united kingdom, usa.

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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.

Social Security --- Old age pensions --- Older people --- Youth --- Labor supply --- Retirement --- Early retirement incentives --- Employment --- Government policy --- AA / International- internationaal --- BE / Belgium - België - Belgique --- 368.40 --- 368.43 --- 332.832 --- 332.71 --- Social security --- -Youth --- -Labor supply --- -Early retirement incentives --- Incentives, Early retirement --- Retirement incentives, Early --- Incentives in industry --- Postemployment benefits --- Superannuation --- Termination of employment --- Leisure --- Old age --- Labor force --- Labor force participation --- Labor pool --- Work force --- Workforce --- Labor market --- Human capital --- Labor mobility --- Manpower --- Manpower policy --- Young people --- Young persons --- Youngsters --- Youths --- Age groups --- Life cycle, Human --- Aged --- Aging people --- Elderly people --- Old people --- Older adults --- Older persons --- Senior citizens --- Seniors (Older people) --- Persons --- Gerontocracy --- Gerontology --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Retirement pensions --- Survivors' benefits (Old age pensions) --- Pensions --- Insurance, Social --- Insurance, State and compulsory --- Social insurance --- Insurance --- Income maintenance programs --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden. --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Pensioen. Brugpensioen. --- Vrouwen- en jongerenarbeid. --- Social security. --- Old age pensions. --- Labor supply. --- Early retirement incentives. --- Employment. --- Government policy. --- Unemployed youth --- Older unemployed --- Vrouwen- en jongerenarbeid --- Pensioen. Brugpensioen --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- E-books --- Older people - Employment --- Youth - Employment --- Retirement - Government policy --- social security, government, governing, employment, employee, work, workers, labor, retirement, international, worldwide, world, economics, political economy, aging, age, policymakers, policy, declining birth rates, population, benefits, retirees, lifespans, program, participation, extension, pensions, older people, incentives, belgium, canada, denmark, france, germany, german, french, canadian, belgians, danes.