OECD Economic Studies

Discontinued
Frequency :
Semiannual
ISSN :
1609-7491 (online)
ISSN :
0255-0822 (print)
DOI :
10.1787/16097491
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OECD Economic Studies is the twice-yearly journal of the OECD Economics Department. It features articles in the area of applied macroeconomics and statistical analysis, generally with an international or cross-country dimension. Articles are derived from work of the Organization’s intergovernmental committees, including areas of work outside the Economics Department’s focus. Now published as a part of the OECD Journal.

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Article
 

Retirement Behaviour in OECD Countries

Impact of Old-Age Pension Schemes and other Social Transfer Programmes You do not have access to this content

 
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Author(s):
Romain Duval
Publication Date
09 July 2004
Pages
8
Bibliographic information
No.:
8,
Volume:
2003,
Issue:
2
Pages
7–50
DOI
10.1787/eco_studies-v2003-art8-en

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This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement decision of older males in OECD countries. For each of the 55-59, 60-64 and 65+ age groups, a new panel dataset of retirement incentives embedded in those schemes is constructed, focusing mainly on the implicit tax rate on continued work. These currently differ widely across OECD countries: they are high in most Continental European Countries, compared with Japan, Korea, English-speaking and Nordic countries. Simple cross-country correlations and panel data econometric estimates both show that implicit taxes on continued work have sizeable effects on the departure of older male workers from the labour force ...

Also available in: French