Click Here to Download: https://ouo.io/CwJyfhn Social Security Programs and Retirement around the World: Micro-Estimation By: Jonathan Gruber Publisher: University of Chicago Press Print ISBN: 9780226310183, 0226310183 eText ISBN: 9780226309989, 0226309983 Edition: 1st Copyright year: 2003 Format: PDF Available from $ 125.00 USD SKU 9780226309989 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.
