Logo
Munich Personal RePEc Archive

Social security and retirement across the OECD

Alonso-Ortiz, Jorge (2010): Social security and retirement across the OECD.

[thumbnail of MPRA_paper_35619.pdf]
Preview
PDF
MPRA_paper_35619.pdf

Download (451kB) | Preview

Abstract

Employment to population ratios differ markedly across OECD coun- tries, especially for people over 55. Social security features also differ markedly across the OECD, particularly with respect to replacement rates, entitlement ages and earnings tests. I conjecture that differences in social security features explain many differences in employment to population ratios at older ages. I assess my conjecture quantitatively with a life cycle general equilibrium model of retirement. At ages 60-64 the correlation between my model’s simulations and observed data is .67. Replacement rates and the earnings tests are key features.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.