کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7351685 1476767 2018 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Paradoxical effects of increasing the normal retirement age: A prospective evaluation
ترجمه فارسی عنوان
اثرات متضاد افزایش سن عادی بازنشستگی: یک ارزیابی آینده نگر
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
A life-cycle model that incorporates both Disability Insurance (DI) and Old-Age Insurance (OAI) is developed to study Social Security reforms, and is compared to an alternative model without DI. The model with DI predicts that increasing the normal retirement age (NRA) causes a decrease in employment and an increase in DI receipt, and that the decrease of payroll tax revenue and the increase of DI expenses combined offset about 40% of the decrease of OAI expenses. These paradoxical effects of increasing the NRA are absent from the model without DI. I employ both models to search for reforms that will balance the government budget in an economy with an aging population, which has the demographics for the year 2100, and find that the required change in tax and benefit rules differ substantially across the two models.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 101, January 2018, Pages 512-527
نویسندگان
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