Fiscal implications of reform
Author(s)
Bibliographic Information
Fiscal implications of reform
(A National Bureau of Economic Research conference report, . Social security programs and retirement around the world)
University of Chicago Press, 2007
- : cloth
Available at / 32 libraries
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National Graduate Institute for Policy Studies Library (GRIPS Library)
: cloth364.1||G8901064842
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Note
"This is the third volume presenting results of an ongoing project on social security and labor supply organized through the Program on the Economics of Aging at the National Bureau of Economic Research"--P. ix
Includes bibliographical references and indexes
Description and Table of Contents
Description
The future of retirement programs is troubled, both in the United States and in most other developed countries with aging populations. As improvements in health care and changes in lifestyles enable retirees to live longer than ever before, the stress on national budgets will increase substantially. In "Social Security Programs and Retirement" around the World, Jonathan Gruber, David A. Wise, and experts in many countries examine the consequences of reforming retirement benefits in a dozen nations. Drawing on the work of an international group of noted economists, the editors argue that social security programs provide strong incentives for workers to leave the labor force by retiring and taking the benefits to which they are entitled. By penalizing work, social security systems magnify the increased financial burden caused by aging populations, thus contributing to the insolvency of the system. This book is a model of comparative analysis that evaluates the effects of illustrative policies for countries facing the impending rapid growth of social security benefits. Its insights will help inform this most pressing debate.
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