Social security programs and retirement around the world

de Jonathan Gruber, David A. Wise

This book represents the second stage of an ongoing research project studying the relationship between social security and labour. In this volume, the authors turn to a country-by-country analysis of retirement behaviour based on micro-data. The result of research compiled by teams in twelve countries, an almost uniform correlation between levels of social security incentives and retirement behaviour in each country is shown. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labour market institutions, and other social characteristics.