| 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 [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 (verified by ORBi) | |
| 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 |
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