Social security and retirement across the OECD
Jorge Alonso-Ortiz ()
MPRA Paper from University Library of Munich, Germany
Employment to population ratios differ markedly across OECD coun- tries, especially for people over 55. Social security features also differ markedly across the OECD, particularly with respect to replacement rates, entitlement ages and earnings tests. I conjecture that differences in social security features explain many differences in employment to population ratios at older ages. I assess my conjecture quantitatively with a life cycle general equilibrium model of retirement. At ages 60-64 the correlation between my model’s simulations and observed data is .67. Replacement rates and the earnings tests are key features.
Keywords: Social security; retirement; idiosyncratic labor income risk (search for similar items in EconPapers)
JEL-codes: J14 E24 H53 J26 (search for similar items in EconPapers)
Date: 2010-11-15, Revised 2011-12-13
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/35619/1/MPRA_paper_35619.pdf original version (application/pdf)
Journal Article: Social security and retirement across the OECD (2014)
Working Paper: Social Security and Retirement across the OECD (2014)
Working Paper: Social Security and Retirement across the OECD (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:35619
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Series data maintained by Joachim Winter ().