This paper examines how the economic well-being of households changes after a male household member exits the labor force. We examine, in four countries, labor force exits at various ages and present evidence on household income from various sources before and after the exit occurs. We focus on the rate at which household income is replaced through public and private means af-ter labor force exit. We find that economic well-being is underestimated when researchers follow the traditional focus in this literature and consider replacement of earnings through public pension programs. When one measures total household income, after taxes and transfers, before and after labor force exits, not only is economic well-being greater but cross-country differences are reduced.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Jonathan Gruber, 1999.
"Social Security and Retirement in Canada,"
NBER Chapters,
in: Social Security and Retirement around the World, pages 73-99
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions:
Axel Borsch-Supan & Reinhold Schnabel, 1999.
"Social Security and Retirement in Germany,"
NBER Chapters,
in: Social Security and Retirement around the World, pages 135-180
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions: