公共养老金改革和退休决策:叙述证据和总体影响

IF 5.6 1区经济学 Q1 ECONOMICS

American Economic Journal-Economic Policy Pub Date : 2023-11-01 DOI:10.1257/pol.20200881

Huixin Bi, Sarah Zubairy

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引用次数: 0

摘要

我们构建了一个包含10个经合组织国家公共养老金政策变化动机和实施信息的数据库。出于对长期可持续性的担忧，结构性养老金改革往往需要较长的逐步实施期。作为对立即实施的养老金缩减的回应，接近退休的人在工作岗位上停留的时间更长。然而，有关未来养老金缩减且实施滞后的消息可能导致这一群体退出劳动力市场。对于那些滞后时间较长的改革，那些引入根本性政策变化的改革，以及那些公民对政府信任度较低的改革，劳动力参与率的下降尤为明显。(j62, h55, j14, j22, j26)

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Public Pension Reforms and Retirement Decisions: Narrative Evidence and Aggregate Implications

We construct a database of public pension policy changes with motivation and implementation information for ten OECD countries. Structural pension reforms, motivated by long-run sustainability concerns, often come with prolonged phase-in periods. In response to pension retrenchments implemented immediately, people close to retirement stay in the workforce longer. News about future pension retrenchments with implementation lags, however, is likely to lead this group to exit the labor market. This decline in the labor force participation rate is particularly strong for reforms with long lags, ones that introduce fundamental policy changes, and ones where citizens have lower trust in the government. (JEL E62, H55, J14, J22, J26)

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来源期刊

American Economic Journal-Economic Policy ECONOMICS-

CiteScore

8.20

自引率

1.90%

发文量

期刊介绍： The American Economic Review (AER) is a general-interest economics journal. The journal publishes 12 issues containing articles on a broad range of topics. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in economics. American Economic Journal: Economic Policy publishes papers covering a range of topics, the common theme being the role of economic policy in economic outcomes. Subject areas include public economics; urban and regional economics; public policy aspects of health, education, welfare and political institutions; law and economics; economic regulation; and environmental and natural resource economics.