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Social Security Incentives, Exit from the Workforce and Entry of the Young

In: Social Security Programs and Retirement around the World: The Relationship to Youth Employment

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Author Info

  • Michele Boldrin
  • Pilar García-Gómez
  • Sergi Jiménez-Martín

Abstract

In this paper we analyze the relationship between the employment of the young, exit of older people and retirement incentives using data from both the Spanish labor force survey and the Muestra Contínua de Vidas Laborales. Against a priori expectations, we do find some (weak) evidence of positive (negative) relationship between the employment (unemployment) of young and the labor force participation of the older population. However, we are unable to find a clear relationship between the employment of the young and the incentives to retirement created by the Spanish pension system. We believe this is so because retirement incentives have changed very little during the last two decades.

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This chapter was published in:

  • Jonathan Gruber & David A. Wise, 2010. "Social Security Programs and Retirement around the World: The Relationship to Youth Employment," NBER Books, National Bureau of Economic Research, Inc, number grub08-1, October.
    This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number 8259.

    Handle: RePEc:nbr:nberch:8259

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    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.:
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    1. Courtney Coile & Jonathan Gruber, 2000. "Social Security and Retirement," NBER Working Papers 7830, National Bureau of Economic Research, Inc.
    2. James H. Stock & David A. Wise, 1988. "Pensions, The Option Value of Work, and Retirement," NBER Working Papers 2686, National Bureau of Economic Research, Inc.
    3. Jonathan Gruber & David A. Wise, 2004. "Social Security Programs and Retirement around the World: Micro-Estimation," NBER Books, National Bureau of Economic Research, Inc, number grub04-1, October.
    4. Courtney Coile & Jonathan Gruber, 2000. "Social Security Incentives for Retirement," NBER Working Papers 7651, National Bureau of Economic Research, Inc.
    5. Boldrin Michele & Jiménez-Martín Sergi & Peracchi Franco, 2001. "Sistema de pensiones y mercado de trabajo en España," Books, Fundacion BBVA / BBVA Foundation, Fundacion BBVA / BBVA Foundation, edition 1, number 201120.
    6. Hernanz, Virginia & Jimeno, Juan Francisco & Kugler, Adriana D., 2003. "Employment Consequences of Restrictive Permanent Contracts: Evidence from Spanish Labour Market Reforms," CEPR Discussion Papers, C.E.P.R. Discussion Papers 3724, C.E.P.R. Discussion Papers.
    7. Michele Boldrin & Sergi Jimenez-Martni & Franco Peracchi, 1997. "Social Security and Retirement in Spain," NBER Working Papers 6136, National Bureau of Economic Research, Inc.
    8. Michele Boldrin & Sergi Jiménez-Martín & Franco Peracchi, 2004. "Micro-Modeling of Retirement Behavior in Spain," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 499-578 National Bureau of Economic Research, Inc.
    9. Jonathan Gruber & David A. Wise, 1999. "Social Security and Retirement around the World," NBER Books, National Bureau of Economic Research, Inc, number grub99-1, October.
    10. Jonathan Gruber & David A. Wise, 2010. "Social Security Programs and Retirement around the World: The Relationship to Youth Employment," NBER Books, National Bureau of Economic Research, Inc, number grub08-1, October.
    11. Jonathan Gruber & David A. Wise, 2007. "Social Security Programs and Retirement around the World: Fiscal Implications of Reform," NBER Books, National Bureau of Economic Research, Inc, number grub07-1, October.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Reforma de Pensiones, Prestaciones por Desempleo e Incentivos a la Jubilación
      by Sergi Jiménez in Nada Es Gratis on 2010-11-05 23:31:47

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