Public Sector Economics

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Revisiting the effect of statutory pension ages on participation and the average age of retirement in OECD countries



David Turner*
   
Hermes Morgavi*
Article   |   Year:  2021   |   Pages:  257 - 282   |   Volume:  45   |   Issue:  2
Received:  September 29, 2020   |   Accepted:  January 2, 2021   |   Published online:  June 6, 2021
Download citation        https://doi.org/10.3326/pse.45.2.4       


Figure 1
Comparing policy effects of a stylised shift in participation and econometric predictions Effect of a one-year increase in statutory retirement ages on participation rates, German males, 2015
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Figure 2
Age fixed effects in the baseline model. Effect on labour force participation at different ages (percentage points)
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Figure 3
Sensitivity of the age of retirement to a change in statutory retirement ages. Estimated effect on the average effective retirement age of an increase in the statutory retirement age of one year
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Figure 4
Modelling of statutory retirement ages
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Table 1
Variant pooled estimations explaining labour force participation
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Figure 5
The simulated effect of eliminating early retirement pathways. Stylised age-participation profile of low- and medium-educated workers
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Figure 6
The evolution of labour force participation and retirement ages in Germany
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Figure A1
Older age population distribution of the average OECD country. Size of age group as a percentage of age group aged 55-74
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  June, 2021
II/2021
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