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Social Security Programs and Retirement around the World

Editor

Listed:
  • Coile, Courtney C.
  • Milligan, Kevin
  • Wise, David A.
Abstract
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.

Suggested Citation

  • Coile, Courtney C. & Milligan, Kevin & Wise, David A. (ed.), 2019. "Social Security Programs and Retirement around the World," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226619293, September.
    • Handle: RePEc:ucp:bknber:9780226619293
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    Citations

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    Cited by:

    1. Antoine Bozio & Clémentine Garrouste & Elsa Perdrix, 2021. "Impact of later retirement on mortality: Evidence from France," Health Economics, John Wiley & Sons, Ltd., vol. 30(5), pages 1178-1199, May.
    2. Courtney Coile, 2023. "Changing Retirement Incentives and Retirement in the US," NBER Chapters, in: Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior, National Bureau of Economic Research, Inc.
    3. Wallenius, Johanna, 2022. "R(a)ising employment of older individuals," The Journal of the Economics of Ageing, Elsevier, vol. 23(C).
    4. Courtney Coile, 2022. "Social Security and Retirement Around the World: Lessons from a Long-Term Collaboration," Working Papers 2022-02, FEDEA.
    5. Richard Rogerson & Johanna Wallenius, 2022. "Shocks, Institutions, and Secular Changes in Employment of Older Individuals," NBER Macroeconomics Annual, University of Chicago Press, vol. 36(1), pages 177-216.
    6. OSHIO Takashi & SHIMIZUTANI Satoshi & OISHI Akiko, 2019. "Addressing the Institutional Disincentives to Elderly Employment in Japan," Discussion papers 19080, Research Institute of Economy, Trade and Industry (RIETI).
    7. James Banks & Carl Emmerson & David Sturrock, 2023. "Are Longer Working Lives a Response to Changing Financial Incentives? Exploiting Micro Panel Data from the UK," NBER Chapters, in: Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior, National Bureau of Economic Research, Inc.
    8. Axel Börsch-Supan & Courtney Coile, 2023. "Introduction and Summary, "Social Security Programs and Retirement Around the World: The Effects of Reforms on Retirement Behavior"," NBER Chapters, in: Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior, National Bureau of Economic Research, Inc.
    9. Philip Sauré & Arthur Seibold & Elizaveta Smorodenkova & Hosny Zoabi, 2023. "Occupations Shape Retirement across Countries," CESifo Working Paper Series 10365, CESifo.
    10. Takashi Oshio & Satoshi Shimizutani & Akiko Oishi, 2023. "Relationship between Social Security Programs and Elderly Employment in Japan," NBER Chapters, in: Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior, National Bureau of Economic Research, Inc.
    11. Kevin Milligan & Tammy Schirle, 2023. "Retirement Decisions and Retirement Incentives: New Evidence from Canada," NBER Chapters, in: Social Security Programs and Retirement around the World: The Effects of Reforms on Retirement Behavior, National Bureau of Economic Research, Inc.
    12. Christian Dudel & Elke Loichinger & Sebastian Klüsener & Harun Sulak & Mikko Myrskylä, 2021. "The extension of late working life in Germany: trends, inequalities, and the East-West divide," MPIDR Working Papers WP-2021-018, Max Planck Institute for Demographic Research, Rostock, Germany.

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