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Partons-nous à la retraite trop tôt ?

  • Jean-Marie Lozachmeur
  • Pierre Pestieau

It is often argued that implicit taxation on continued activity of elderly workers is responsible for the widely observed trend towards early retirement. In a first best world, it is certainly possible to eliminate this taxation and have a social security scheme that is redistributive and efficient at the same time. This paper shows that in a second best world, the optimal policy implies an inducement to retire early. We consider a model where the social objective is utilitarian and where individuals differ both in unobservable productivity and health status. Classification JEL : E62, H23, H55

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Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 53 (2002)
Issue (Month): 4 ()
Pages: 825-837

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Handle: RePEc:cai:recosp:reco_534_0825
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