Book

Social Security Programs and Retirement around the World

Edited by Jonathan Gruber and David A. Wise

Published by University of Chicago Press

Published in print October 2007 | ISBN: 9780226310176
Published online February 2013 | e-ISBN: 9780226310008 | DOI: http://dx.doi.org/10.7208/chicago/9780226310008.001.0001
Social Security Programs and Retirement around the World

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The future of social security is troubled, both in the United States and in most other developed countries with aging populations. As improvements in health care and changes in life styles enable retirees to live longer than ever before, the stress on national budgets will increase substantially. This book examines the consequences of reforming retirement benefits in a dozen nations. Drawing on the work of an international group of economists, the chapters argue that social security programs provide strong incentives for workers to leave the labor force by retiring and taking the benefits to which they are entitled. By penalizing work, social security systems magnify the increased financial burden caused by aging populations, thus contributing to the insolvency of the system. This book is a model of comparative analysis that evaluates the effects of illustrative policies for countries facing the impending rapid growth of social security benefits.

Keywords: social security; developed countries; aging populations; health care; national budgets; retirement benefits; labor force; insolvency; comparative analysis; illustrative policies

Book.  379 pages.  Illustrated.

Subjects: Public Economics

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Table of Contents

Introduction and Summary in Social Security Programs and Retirement around the World

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The Effects of Early Retirement on Youth Unemployment in Social Security Programs and Retirement around the World

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The Interaction of Youth and Elderly Labor Markets in Canada in Social Security Programs and Retirement around the World

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Social Security, Retirement, And Employment of the Young in Denmark in Social Security Programs and Retirement around the World

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Labor Force Participation by the Elderly and Employment of the young in Social Security Programs and Retirement around the World

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Early Retirement and Employment of the Young in Germany in Social Security Programs and Retirement around the World

Chapter

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Youth Unemployment and Retirement of the Elderly in Social Security Programs and Retirement around the World

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Early Retirement and Employment of the Young in the Netherlands in Social Security Programs and Retirement around the World

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Social Security Incentives, Exit from the Workforce, and Entry of the Young in Social Security Programs and Retirement around the World

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