Social security and retirement around the world: lessons from a long-term collaboration

Courtney Coile, David Wise, Axel Börsch-Supan, Jonathan Gruber, Kevin Milligan, Richard Woodbury, Michael Baker, James Banks, Luc Behaghel (), Melika Ben Salem, Paul Bingley, Didier Blanchet, Richard Blundell, Michele Boldrín, Antoine Bozio (), Agar Brugiavini, Tabea Bucher-Koenen, Raluca Elena Buia, Eve Caroli, Thierry Debrand, Arnaud Dellis, Raphaël Desmet, Klaas de Vos, Peter Diamond, Carl Emmerson, Irene Ferrari, Anne-Lore Fraikin, Mayu Fujii, Pilar García-Gómez, Sílvia Garcia-Mandicó, Nicolas Goll, Nabanita Datta Gupta, Sergi Jimenez-Martin, Per Johansson, Paul Johnson, Michael Jørgensen, Alain Jousten, Hendrik Jürges, Malene Kallestrup-Lamb, Adriaan Kalwij, Arie Kapteyn, Simone Kohnz, Lisa Laun, Mathieu Lefebvre, Ronan Mahieu, Giovanni Mastrobuoni, Costas Meghir, Akiko Oishi, Takashi Oshio, Mårten Palme, Giacomo Pasini, Peder Pedersen, Louis-Paul Pelé, Franco Peracchi, Sergio Perelman, Pierre Pestieau, Corinne Prost, Simon Rabaté, Johannes Rausch, Muriel Roger (), Tammy Schirle, Reinhold Schnabel, Morten Schuth, Satoshi Shimizutani, Sarah Smith, Jean-Philippe Stijns, David Sturrock, Ingemar Svensson, Gemma Tetlow, Lars Thiel, Maxime Tô, Julie Tréguier, Emiko Usui, Judit Vall-Castelló, Emmanuelle Walraet, Guglielmo Weber and Naohiro Yashiro
Additional contact information
Courtney Coile: Wellesley College, NBER - The National Bureau of Economic Research
David Wise: NBER - The National Bureau of Economic Research, Harvard University
Axel Börsch-Supan: NBER - The National Bureau of Economic Research, Max Planck Society
Jonathan Gruber: NBER - The National Bureau of Economic Research, MIT - Massachusetts Institute of Technology
Kevin Milligan: NBER - The National Bureau of Economic Research, UBC - University of British Columbia [Canada]
Richard Woodbury: NBER - The National Bureau of Economic Research
Michael Baker: INTERACT - Interaction, Technologies, Activités - I3 SES - Institut interdisciplinaire de l’innovation de Telecom Paris - Télécom Paris - IMT - Institut Mines-Télécom [Paris] - IP Paris - Institut Polytechnique de Paris - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique, Télécom Paris - IMT - Institut Mines-Télécom [Paris] - IP Paris - Institut Polytechnique de Paris, IP Paris - Institut Polytechnique de Paris, I3 SES - Institut interdisciplinaire de l’innovation de Telecom Paris - Télécom Paris - IMT - Institut Mines-Télécom [Paris] - IP Paris - Institut Polytechnique de Paris - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
James Banks: University of Manchester [Manchester], University of London [London]
Luc Behaghel: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Melika Ben Salem: Université Gustave Eiffel
Paul Bingley: Danish Natl Ctr Social Res, Kobenhav, Denmark
Antoine Bozio: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, EHESS - École des hautes études en sciences sociales

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Abstract: Declining labor force participation of older men throughout the 20th century and recent increases in participation have generated substantial interest in understanding the effect of public pensions on retirement. The National Bureau of Economic Research's International Social Security (ISS) Project, a long-term collaboration among researchers in a dozen developed countries, has explored this and related questions. The project employs a harmonized approach to conduct within-country analyses that are combined for meaningful cross-country comparisons. The key lesson is that the choices of policy makers affect the incentive to work at older ages and these incentives have important effects on retirement behavior.

Date: 2025-01
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Published in Journal of Pension Economics and Finance, 2025, 24 (1), pp.8-30. ⟨10.1017/S1474747223000215⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-05144164

DOI: 10.1017/S1474747223000215

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