Pension Reform, Retirement and Life-Cycle Unemployment

Christian Jaag, Christian Keuschnigg and Mirela Keuschnigg ()

University of St. Gallen Department of Economics working paper series 2007 from Department of Economics, University of St. Gallen

Abstract: The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions: strengthening the tax benefit link, moving from wage to price indexation of benefits, lengthening calculation periods, and introducing more actuarial fairness in pension assessment. We provide some analytical results and use a computational model to demonstrate the economic and welfare impact of recent pension reform in Austria.

Keywords: Pension Reform; Retirement; Job Search; Life-cycle Unemployment (search for similar items in EconPapers)
JEL-codes: D58 D91 H55 J26 J64 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2007-11
New Economics Papers: this item is included in nep-age, nep-cmp, nep-dge and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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http://ux-tauri.unisg.ch/RePEc/usg/dp2007/DP-43-Ja.pdf (application/pdf)

Related works:
Journal Article: Pension reform, retirement, and life-cycle unemployment (2010)
Working Paper: Pension Reform, Retirement and Life-Cycle Unemployment (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:usg:dp2007:2007-43

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