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Social security and retirement around the world: lessons from a long-term collaboration

Author

Listed:
  • Courtney Coile

    (Wellesley College, NBER - The National Bureau of Economic Research)

  • David Wise

    (NBER - The National Bureau of Economic Research, Harvard University)

  • Axel Börsch-Supan

    (NBER - The National Bureau of Economic Research, Max Planck Society)

  • Jonathan Gruber

    (NBER - The National Bureau of Economic Research, MIT - Massachusetts Institute of Technology)

  • Kevin Milligan

    (NBER - The National Bureau of Economic Research, UBC - University of British Columbia [Canada])

  • Richard Woodbury

    (NBER - The National Bureau of Economic Research)

  • Michael Baker

    (NBER - The National Bureau of Economic Research, University of Toronto)

  • James Banks

    (University of Manchester [Manchester], University of London [London])

  • Luc Behaghel

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Melika Ben Salem

    (Université Gustave Eiffel)

  • Paul Bingley

    (Danish Natl Ctr Social Res, Kobenhav, Denmark)

  • Didier Blanchet

    (INSEE - Institut national de la statistique et des études économiques (INSEE))

  • Richard Blundell

    (IFS - Laboratory of the Institute for Fiscal Studies - Institute for Fiscal Studies, UCL - University College London [UCL])

  • Michele Boldrín

    (Washington University School of Medicine in St. Louis - WUSTL - Washington University in Saint Louis, Université de Venise Ca’ Foscari | Università Ca’ Foscari di Venezia)

  • Antoine Bozio

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, EHESS - École des hautes études en sciences sociales)

  • Agar Brugiavini
  • Tabea Bucher-Koenen
  • Raluca Elena Buia
  • Eve Caroli
  • Thierry Debrand
  • Arnaud Dellis
  • Raphaël Desmet
  • Klaas de Vos
  • Peter Diamond
  • Carl Emmerson
  • Irene Ferrari
  • Anne-Lore Fraikin
  • Mayu Fujii
  • Pilar García-Gómez
  • Sílvia Garcia-Mandicó
  • Nicolas Goll
  • Nabanita Datta Gupta
  • Sergi Jiménez-Martín
  • Per Johansson
  • Paul Johnson
  • Michael Jørgensen
  • Alain Jousten
  • Hendrik Jürges
  • Malene Kallestrup-Lamb
  • Adriaan Kalwij
  • Arie Kapteyn
  • Simone Kohnz
  • Lisa Laun
  • Mathieu Lefebvre
  • Ronan Mahieu
  • Giovanni Mastrobuoni
  • Costas Meghir
  • Akiko Oishi
  • Takashi Oshio
  • Mårten Palme
  • Giacomo Pasini
  • Peder Pedersen
  • Louis-Paul Pelé
  • Franco Peracchi
  • Sergio Perelman
  • Pierre Pestieau
  • Corinne Prost
  • Simon Rabaté
  • Johannes Rausch
  • Muriel Roger

  • Tammy Schirle
  • Reinhold Schnabel
  • Morten Schuth
  • Satoshi Shimizutani
  • Sarah Smith
  • Jean-Philippe Stijns
  • David Sturrock
  • Ingemar Svensson
  • Gemma Tetlow
  • Lars Thiel
  • Maxime Tô
  • Julie Tréguier
  • Emiko Usui
  • Judit Vall-Castelló
  • Emmanuelle Walraet
  • Guglielmo Weber
  • Naohiro Yashiro

Abstract

Declining labor force participation of older men throughout the 20th century and recent increases in participation have generated substantial interest in understanding the effect of public pensions on retirement. The National Bureau of Economic Research's International Social Security (ISS) Project, a long-term collaboration among researchers in a dozen developed countries, has explored this and related questions. The project employs a harmonized approach to conduct within-country analyses that are combined for meaningful cross-country comparisons. The key lesson is that the choices of policy makers affect the incentive to work at older ages and these incentives have important effects on retirement behavior.

Suggested Citation

  • Courtney Coile & David Wise & Axel Börsch-Supan & Jonathan Gruber & Kevin Milligan & Richard Woodbury & Michael Baker & James Banks & Luc Behaghel & Melika Ben Salem & Paul Bingley & Didier Blanchet &, 2025. "Social security and retirement around the world: lessons from a long-term collaboration," Post-Print halshs-05144164, HAL.
    • Handle: RePEc:hal:journl:halshs-05144164
    DOI: 10.1017/S1474747223000215
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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.
    2. Bertermann, Alexander & Dauth, Wolfgang & Suedekum, Jens & Woessmann, Ludger, 2025. "Training or Retiring? How Labor Markets Adjust to Trade and Technology Shocks," IZA Discussion Papers 18247, Institute of Labor Economics (IZA).
    3. Kevin Milligan & Tammy Schirle, 2025. "Health Inequality at Older Ages in Canada," NBER Chapters, in: Social Security Programs and Retirement Around the World: Pension Reforms and the Health Distribution of Retirees, National Bureau of Economic Research, Inc.

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