Reference : Social Security and Retirement: the Relationship between Workers, Firms and Government
Scientific journals : Article
Business & economic sciences : Economic systems & public economics
http://hdl.handle.net/2268/130577
Social Security and Retirement: the Relationship between Workers, Firms and Government
English
Lefebvre, Mathieu mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie politique et finances publiques >]
2013
Annals of Public and Cooperative Economics = Annales de l'Economie Publique, Sociale et Coopérative
Wiley
84
1
43-61
Yes
International
1370-4788
1467-8292
Oxford
United Kingdom
[en] In this paper we survey a number of theoretical and empirical studies
in order to propose explanations to the fall of labor force participation at
older age. Starting from the largely studied e ect of social security schemes
on labor supply, we explore the employers behavior and the role of govern-
ments in the development of early retirement schemes. We show that early
retirement is the result of a global agreement between rms and government
where workers have incentives to early exit the labor market due to generous
non actuarial bene ts. Firms have an advantage to separate older workers
because they are costly compare to young workers and governments hope
that by pushing elderly into early retirement they will solve the massive
unemployment problem.
Researchers ; Professionals
http://hdl.handle.net/2268/130577
10.1111/apce.12002

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