Reference : Raising the age of retirement: an example of political ratchet effect
Reports : External report
Business & economic sciences : Economic systems & public economics
http://hdl.handle.net/2268/61991
Raising the age of retirement: an example of political ratchet effect
English
Lefebvre, Mathieu mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie publique appliquée >]
Pestieau, Pierre mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg > HEC-Ecole de gestion de l'ULg >]
Vidal, Jean-Pierre [ > > ]
Perelman, Sergio mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie publique appliquée >]
2005
Mimeo
[en] Political resistance to a progressive increase in the retirement age is widespread in a number of European countries. We present a simple model explaining why such a reform can be opposed even when it is profitable to a majority of citizens. Then, we try to explain the existence of wide differences in the average length of retirement across countries and over time.
Centre de Recherche en Économie Publique et de la Population - C.R.E.P.P
Fonds de la Recherche Fondamentale Collective d'Initiative des Chercheurs - FRFC
Mimeo
http://hdl.handle.net/2268/61991

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