Life expectancy, heavy work and the return to education: lessons for the social security reform
Gilles Le Garrec () and
Stéphane Lhuissier
Working Papers from HAL
Abstract:
In most industrial countries, while the calculation of pension bene ts is progressive, public pension systems redistribute weakly from high to low- income earners. They are close to actuarial fairness. This statement results from the following speci city: less paid jobs are also heavier and health- damaging jobs involving losses in life expectancy. As avoiding low earnings and hard-working conditions require acquisition of skills, we study conjointly in this article the impact of social security and the work-related life expectancy loss on the schooling decision. We then study macroeconomic and distributional consequences of global gain in life expectancy associated with di¤erent social security reforms, focusing particularly on spillover e¤ects possibly generated by education.
Keywords: social security; human capital; inequality (search for similar items in EconPapers)
Date: 2011-10
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01069511
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Working Paper: Life expectancy, heavy work and return to education; lessons for the social security reform (2011) 
Working Paper: Life expectancy, heavy work and the return to education: lessons for the social security reform (2011) 
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