Research Catalog

Title

The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries [electronic resource] / Romain Duval

Author

Duval, Romain.

Publication

Paris : OECD Publishing, 2003.

Details

Description

47 p.; 21 x 29.7cm.

Summary

This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement decision of older males in OECD countries. For each of the 55-59, 60-64 and 65+ age groups, a new panel dataset (22 OECD countries over 1969-1999 or shorter periods in some cases) of retirement incentives embedded in those schemes is constructed for an illustrative worker. The main focus is on the implicit tax rate on working for five more years, which sums up various dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and generosity of benefits. There is currently wide dispersion across OECD countries in implicit tax rates on continued work embedded in old-age pension and early retirement schemes: they are high in most Continental European Countries, compared with Japan, Korea, English-speaking and Nordic countries. Simple cross-country correlations and panel data econometric estimates both show that ...

Series Statement

OECD Economics Department Working Papers, 1815-1973 ; no.370

Uniform Title

OECD Economics Department Working Papers, no.370.

Subject

Economics

LCCN

10.1787/308728704511

OCLC

oecd-lib-001883

Author

Duval, Romain.

Title

The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries [electronic resource] / Romain Duval

Imprint

Paris : OECD Publishing, 2003.

Series

OECD Economics Department Working Papers, 1815-1973 ; no.370

OECD Economics Department Working Papers, 1815-1973 ; no.370.

Connect to:

http://dx.doi.org/10.1787/308728704511

Indexed Term

Economics

Other Standard Identifier

10.1787/308728704511 doi