MARC record from Internet Archive

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035 $a(OCoLC)64231563
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043 $an-us---$ae-fr---
090 $aHB31.M415 no.05-33
100 1 $aDiamond, Peter A.
245 10 $aPensions for aging population /$cPeter A. Diamond.
260 $aCambridge, MA :$bMassachusetts Institute of Technology, Dept. of Economics,$c[2005].
300 $a28 p. :$bill. ;$c28 cm.
490 1 $aWorking paper series / Massachusetts Institute of Technology, Dept. of Economics ;$vworking paper 05-33
500 $a"December 1, 2005."
504 $aIncludes bibliographical references (p. 28).
520 3 $aAfter presenting the Gruber-Wise analysis showing a strong effect on retirement of implicit taxes from pension rules, it is shown that there is no effect of these implicit taxes on unemployment. This supports the argument for avoiding high implicit taxes on continued work. Also discussed are methods for adjusting benefits and taxes for increases in life expectancy, with particular attention to increasing the retirement age. Calculations are presented showing the decreases in benefits for an increase in the normal retirement age in the US and the years of service for a full benefit in France. Keywords: social security, retirement, unemployment, life expectancy, normal retirement age. JEL Classifications: H550.
530 $aAbstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
650 0 $aPensions$xEconometric models.
650 0 $aRetirement$xEconomic aspects$zUnited States.
650 0 $aRetirement$xEconomic aspects$zFrance.
710 2 $aMassachusetts Institute of Technology.$bDept. of Economics.
830 0 $aWorking paper (Massachusetts Institute of Technology. Dept. of Economics) ;$vno. 05-33.
856 41 $uhttp://ssrn.com/abstract=868540$zTo download paper, go to the bottom of the abstract page choose various options.
852 0 $bARC$cNOLN2$hHB31.M415 no.05-33$4Institute Archives$5Noncirculating Collection 2
852 0 $bDEW$cSTACK$hHB31.M415 no.05-33$4Dewey Library$5Stacks
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