Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19035
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dc.creatorConde-Ruiz, Jose Ignacio-
dc.creatorGalasso, Vincenzo-
dc.creatorProfeta, Paola-
dc.date2005-
dc.date.accessioned2013-10-16T07:02:29Z-
dc.date.available2013-10-16T07:02:29Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19035-
dc.identifierppn:503705349-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19035-
dc.descriptionWe provide a long-term perspective on the individual retirement behaviour and on the future of retirement. In a Markovian political economic theoretical framework, in which incentives to retire early are embedded, we derive a political equilibrium with positive social security contribution rates and early retirement. Aging has two opposite effects: it leads to lower taxes and fewer (early) retirees, while a poorer median voter will push for higher contributions. The model highlights the existence of crucial income effects: a decrease of the income of young people will induce them to postpone retirement and to vote for less social security.-
dc.languageeng-
dc.relationCESifo working papers 1571-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectH55-
dc.subjectD72-
dc.subjectH53-
dc.subjectddc:330-
dc.subjectpensions-
dc.subjectincome effect-
dc.subjecttax burden-
dc.subjectpolitico-economic Markovian equilibrium-
dc.subjectFlexible Altersgrenze-
dc.subjectSoziale Sicherung-
dc.subjectSozialversicherungsbeitrag-
dc.subjectPublic Choice-
dc.subjectEinkommenseffekt-
dc.subjectAlternde Bevölkerung-
dc.subjectTheorie-
dc.titleEarly retirement and social security : a long term perspective-
dc.typedoc-type:workingPaper-
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