Chapter

Social Security, Retirement, And Employment of the Young in Denmark

Paul Bingley, Nabanita Datta Gupta and Peder J. Pedersen

in Social Security Programs and Retirement around the World

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/9780226310008.003.0004
Social Security, Retirement, And Employment of the Young in Denmark

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This chapter addresses the question of whether older workers retiring earlier from the labor force create job openings for young workers. Examining linked microdata spanning a long time period, the study finds no observable relationship between trends in employment of the older and younger age groups. Similarly, the statistical evidence does not indicate that older workers and younger workers are substitutes. On the contrary, the regression results suggest that if anything, young workers are complements for the elderly in Denmark because youth employment tends to rise and fall together with elderly employment.

Keywords: labor market; older workers; young workers; job openings; labor force

Chapter.  5720 words.  Illustrated.

Subjects: Public Economics

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