Reversing The Trend Toward Early Retirement
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Reversing The Trend Toward Early Retirement
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Author : Robert Louis Clark
language : en
Publisher: A E I Press
Release Date : 1981
Reversing The Trend Toward Early Retirement written by Robert Louis Clark and has been published by A E I Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Business & Economics categories.
Social Security And Early Retirement
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Author : Robert Fenge
language : en
Publisher: CESifo Book
Release Date : 2005
Social Security And Early Retirement written by Robert Fenge and has been published by CESifo Book this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Theoretical and empirical analysis of the relationship between retirement decision and pension systems, with policy recommendations for reversing the current trend toward early retirement. The contrasting trends toward earlier retirement and greater longevity have resulted in steadily increasing retirement costs over the last forty years. One important factor influencing early retirement decisions is the expansion of retirement benefits; but studies predict that most countries, particularly those with early retirement incentives, will be unable to meet future pension and social security obligations. In this timely CESifo volume, Robert Fenge and Pierre Pestieau examine empirical and theoretical evidence that explains why early retirement has become such a burden for social security systems and suggest pension system reforms that will reverse the trend. Drawing on evidence from the European Union (with comparisons to other industrialized countries including the United States and Canada), the authors demonstrate that the effective retirement age is influenced by social security regulations (such as a change in eligibility age) and discuss ways of measuring these embedded incentives. Fenge and Pestieau examine the implicit taxes on prolonged working life from normative and political economy perspectives. They discuss optimal payroll tax rates that minimize distortions of labor supply and retirement decisions and consider alternative ways to finance benefits, including consumption and capital income taxation. They discuss why policies are designed to discourage employment among older workers and why reforms to counter this often meet resistance. They demonstrate, contrary to the belief of many European governments, that pushing older workers into retirement does not free jobs for young unemployed workers. They show that the gap between salaries and productivity is an incentive for employers to rid themselves of older workers and argue that governments should not support this behavior by compensating older workers for the difference between severance payments and salaries in early retirement programs.
Social Security Programs And Retirement Around The World
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Author : Courtney C. Coile
language : en
Publisher: University of Chicago Press
Release Date : 2019-12-12
Social Security Programs And Retirement Around The World written by Courtney C. Coile and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-12 with Business & Economics categories.
In developed countries, men’s labor force participation at older ages has increased in recent years, reversing a decades-long pattern of decline. Participation rates for older women have also been rising. What explains these patterns, and the differences in them across countries? The answers to these questions are pivotal as countries face fiscal and retirement security challenges posed by longer life-spans. This eighth phase of the International Social Security project, which compares the social security and retirement experiences of twelve developed countries, documents trends in participation and employment and explores reasons for the rising participation rates of older workers. The chapters use a common template for analysis, which facilitates comparison of results across countries. Using within-country natural experiments and cross-country comparisons, the researchers study the impact of improving health and education, changes in the occupation mix, the retirement incentives of social security programs, and the emergence of women in the workplace, on labor markets. The findings suggest that social security reforms and other factors such as the movement of women into the labor force have played an important role in labor force participation trends.
Older Workers In A Globalizing World
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Author : Dirk Hofäcker
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
Older Workers In A Globalizing World written by Dirk Hofäcker and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Social Science categories.
. . . the book can be recommended to all with an interest in the issue of older workers in a globalised world. Ageing and Society Early retirement has been a policy to cope with the problems of massive unemployment in many Western welfare states. However, it has become apparent that this strategy is costly and destroys human capital urgently needed in ageing societies. This book offers a comprehensive and up-to-date study of late-career patterns and processes of early retirement in fourteen OECD countries, using both cross-sectional and longitudinal data. It is an important contribution to life-course research and will provide the foundation for any serious discussion on pension reforms and increasing the employability of older workers. Hans-Jürgen Andreß, University of Cologne, Germany This timely book investigates the growth of the early retirement trend and its varying spread among different groups of older workers in fourteen modern societies. It argues for a differentiated political approach to reverse early retirement, which relies on both pension and employability policies for older workers. Examining the early retirement trend virtually all modern societies have been faced with since the onset of the globalization process in the 1970s and 1980s, this book provides a thorough analysis of older workers late careers and their retirement transitions, as well as explaining why this trend has developed differently between nations. To promote an effective reversal of the early retirement trend, national policymakers are advised not to concentrate their efforts exclusively on reducing the financial incentives for an early exit still present in most national pension systems. In addition, it is also recommended that they invest in the employability of older workers, implying a thorough reconsideration of the design of education and labor market policies. Dirk Hofäcker presents a unique and comprehensive synthesis of theories describing and explaining the trend towards early retirement, and critically discusses their comparative advantages and shortcomings. Researchers and students of sociology, economics, gerontology, demography and comparative welfare states should not be without this book and policymakers and practitioners dealing with labor market policies will find it invaluable.
Reversing The Trend Toward Early Retirement
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Author : Robert Louis Clark
language : en
Publisher: A E I Press
Release Date : 1981
Reversing The Trend Toward Early Retirement written by Robert Louis Clark and has been published by A E I Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Business & Economics categories.
Work And Retirement
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Author : Bruce Vavrichek
language : en
Publisher:
Release Date : 1982
Work And Retirement written by Bruce Vavrichek and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Aged categories.
Labour Markets In An Ageing Europe
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Author : Paul Johnson
language : en
Publisher: Cambridge University Press
Release Date : 1993-05-13
Labour Markets In An Ageing Europe written by Paul Johnson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-05-13 with Business & Economics categories.
The population of the European Community will fall by 2% by the year 2025. Between 1960 and 1990, it grew by 17%. This contrast reflects the dramatic growth of the population of pensioners in the total population, and also the rapid ageing of the Community's working population. In this volume, based on a CEPR conference held in Munich in April 1992, leading economists in the field assess demographic and labour market developments in Western and Eastern Europe. They compare them with developments in the USA and Japan, and assess the effects of ageing on European productivity, earnings and human capital formation. Policies to improve the quantity and quality of the labour force are considered, including incentives for female labour participation, selective immigration policies, 'pronatalist' family policies, and improved human capital formation.
Aging And The Macroeconomy
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Author : National Research Council
language : en
Publisher: National Academies Press
Release Date : 2013-01-10
Aging And The Macroeconomy written by National Research Council and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-10 with Social Science categories.
The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
Personnel Literature
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Author : United States. Office of Personnel Management. Library
language : en
Publisher:
Release Date : 1982
Personnel Literature written by United States. Office of Personnel Management. Library and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Civil service categories.
Monthly Labor Review
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Author :
language : en
Publisher:
Release Date : 2001-10
Monthly Labor Review written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-10 with Labor laws and legislation categories.
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.