文章基本信息

标题：Social security reforms and early retirement
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作者：Hans Fehr ; Wenche Irén Sterkeby ; Øystein Thøgersen 等
期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2000
出版社：Bergen
摘要：In order to stimulate labor market participation and improve the financial viability of the socialsecurity systems, many recent reform proposals in various OECD economies suggest to scale downthe non-actuarial parts of the pension systems. These reforms have a flavour of increasedefficiency at the costs of welfare losses for low income individuals. Investigating such a belief, weemploy an overlapping generations model which features an endogenous retirement age andheterogenous individuals within generations. Based on a simple theoretical version of the model wedemonstrate that high income individuals are likely to gain. The sign of the welfare effect for lowincome households is ambiguous because we do not know whether the effect of lower pensionbenefits is offset by the effect of a reduced tax-burden. Employing an extended CGE version of themodel, which is calibrated to the Norwegian economy, we consider five reform proposals. It turnsout that the various reforms which scale down the public non-actuarial pension system, lead toincreases in the retirement age and steady-state welfare gains for all income classes
关键词：Social security; tax-transfer policies; induced retirement; pensions