We show how the age profile of earnings, retirement rules and retirement behavior are tightly linked through the … paper theoretically rationalizes the links between retirement rules and the wage structures over the life cycle and uses … data on European countries to show how social security taxes, the age profile of earnings, and retirement behavior are …

This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty … started using their space in anticipation to higher demographic pressure is rejected. Raising the retirement age in developed … economies by five years alleviates the pressure by almost 30% and creates 10% more labour market space. …

fact that raising the retirement age is overdue in Belarus to address demographic challenges, it may have a negative impact … on the quality of life of people close to retirement age as well as a poorer GDP effect within current conditions on the …

finances. We analyse four policy options: lowering pension benefits, increasing labour market participation of the native … these economies, it turns out that adjusting their labour market participation is easier than for their neighbouring … economies within the EU. Increasing labour market participation to 60% keeps several countries largely out of the woods. …

This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …

A problem that faces many countries including the United States is how to finance retirement consumption as the … population ages. Proposals for switching to a saving-for-retirement system that does not rely on high payroll taxes have been … transition path from the current U.S. system to a saving-for-retirement system that increases the welfare of all current and …

started using their space in anticipation to higher demographic pressure is rejected. Raising the retirement age in developed …

benefits, individuals must wait until the Normal Retirement Age (NRA), which was traditionally 65 but is gradually increasing … secure retirement. Not everyone is so convinced, though. Opponents claim that many individuals can neither work longer nor … save more for retirement. Raising the EEA could impoverish these groups as well as strain social programs like Disability …