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Demographic Change, Institutional Settings, and Labor Supply

David Bloom (), David Canning, Günther Fink and Jocelyn E. Finlay ()
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David Bloom: Harvard School of Public Health

PGDA Working Papers from Program on the Global Demography of Aging

Abstract: This paper analyzes cross-country panel data to examine the effect of key institutional features of social security systems on male labor supply. Our findings indicate that the labor supply of older males covaries negatively with replacement rates and system coverage, with the replacement rate effects being stronger for pay-as-you-go systems than for fully funded systems. The results also reveal a surprisingly small and often negative response of the labor supply of older males to improvements in life expectancy.

Keywords: Global health; labor; Aging; Economics; Demography. (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age and nep-lab
Date: 2008-11
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