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Demographic Change, Institutional Settings, and Labor Supply

Author

Listed:
  • David E. Bloom

    (Harvard School of Public Health)

  • David Canning

    (Harvard School of Public Health)

  • Günther Fink

    (Harvard School of Public Health)

  • Jocelyn E. Finlay

    (Harvard School of Public Health)

Abstract

This paper analyzes cross-country panel data to examine the effect of key institutional features of social security systems on male labor supply. Our findings indicate that the labor supply of older males covaries negatively with replacement rates and system coverage, with the replacement rate effects being stronger for pay-as-you-go systems than for fully funded systems. The results also reveal a surprisingly small and often negative response of the labor supply of older males to improvements in life expectancy.

Suggested Citation

  • David E. Bloom & David Canning & Günther Fink & Jocelyn E. Finlay, 2008. "Demographic Change, Institutional Settings, and Labor Supply," PGDA Working Papers 4208, Program on the Global Demography of Aging.
    • Handle: RePEc:gdm:wpaper:4208
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    File URL: http://www.hsph.harvard.edu/pgda/WorkingPapers/2008/PGDA_WP_42.pdf
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    References listed on IDEAS

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    Cited by:

    1. David E. BLOOM & Jocelyn E. FINLAY, 2009. "Demographic Change and Economic Growth in Asia," Asian Economic Policy Review, Japan Center for Economic Research, vol. 4(1), pages 45-64, June.
    2. Rana Comertpay & Andreas Irmen & Anastasia Litina, 2019. "Individual attitudes towards immigration in aging populations," CESifo Working Paper Series 7565, CESifo.
    3. Michele Gragnolati & Ole Hagen Jorgensen & Romero Rocha & Anna Fruttero, 2011. "Growing Old in an Older Brazil : Implications of Population Ageing on Growth, Poverty, Public Finance, and Service Delivery," World Bank Publications - Books, The World Bank Group, number 2351.

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    Keywords

    Global health; labor; Aging; Economics; Demography.;
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