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Social Security and Retirement Around the World: Lessons from a Long-Term Collaboration

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  • Courtney Coile

Abstract

The decline in the labor force participation of older men throughout the 20th century, as well as the substantial increases in participation among older men and women over the past two decades, have generated substantial interest in understanding the effect of public pension programs on retirement decisions. This paper details the work of the National Bureau of Economic Research’s International Social Security (ISS) Project, a long-term collaboration among researchers in a dozen developed countries, to explore this and related questions. The ISS project employs a harmonized approach to conduct within-country analyses that can be combined for meaningful cross-country comparisons. The key lesson learned from this project is that the choices of policy makers affect the incentive to work at older ages and that these incentives have important effects on retirement behavior.

Suggested Citation

  • Courtney Coile, 2022. "Social Security and Retirement Around the World: Lessons from a Long-Term Collaboration," Working Papers 2022-02, FEDEA.
  • Handle: RePEc:fda:fdaddt:2022-02
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    References listed on IDEAS

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    1. 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, July.
    2. David A. Wise, 2016. "Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement," NBER Books, National Bureau of Economic Research, Inc, number wise14-1, July.
    3. David A. Wise, 2012. "Social Security Programs and Retirement around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms," NBER Books, National Bureau of Economic Research, Inc, number wise11-1, July.
    4. Coile, Courtney C. & Milligan, Kevin & Wise, David A. (ed.), 2019. "Social Security Programs and Retirement around the World," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226619293, January.
    5. David A. Wise, 2017. "Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages," NBER Books, National Bureau of Economic Research, Inc, number wise-22, July.
    6. Dwyer, Debra Sabatini & Mitchell, Olivia S., 1999. "Health problems as determinants of retirement: Are self-rated measures endogenous?," Journal of Health Economics, Elsevier, vol. 18(2), pages 173-193, April.
    7. Courtney C. Coile & Kevin Milligan & David A. Wise, 2019. "Social Security Programs and Retirement around the World: Working Longer," NBER Books, National Bureau of Economic Research, Inc, number coil-1, July.
    8. 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, July.
    9. Courtney Coile & Kevin Milligan & David A. Wise, 2017. "Introduction to "Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages"," NBER Chapters, in: Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages, pages 1-33, National Bureau of Economic Research, Inc.
    10. Jonathan Gruber & David A. Wise, 1999. "Introduction to "Social Security and Retirement around the World"," NBER Chapters, in: Social Security and Retirement around the World, pages 1-35, National Bureau of Economic Research, Inc.
    11. Courtney Coile & Jonathan Gruber, 2007. "Future Social Security Entitlements and the Retirement Decision," The Review of Economics and Statistics, MIT Press, vol. 89(2), pages 234-246, May.
    12. Jonathan Gruber & David A. Wise, 2007. "Introduction to "Social Security Programs and Retirement around the World: Fiscal Implications of Reform"," NBER Chapters, in: Social Security Programs and Retirement around the World: Fiscal Implications of Reform, pages 1-42, National Bureau of Economic Research, Inc.
    13. 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, July.
    14. Jonathan Gruber & David A. Wise, 1999. "Social Security and Retirement around the World," NBER Books, National Bureau of Economic Research, Inc, number grub99-1, July.
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    Cited by:

    1. Zornitza Kambourova & Adriaan Kalwij, 2022. "Are there employment and income gains of a national breast cancer screening program?," Health Economics Review, Springer, vol. 12(1), pages 1-10, December.

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