| dc.creator |
Conde-Ruiz, Jose Ignacio |
|
| dc.creator |
Galasso, Vincenzo |
|
| dc.creator |
Profeta, Paola |
|
| dc.date |
2005 |
|
| dc.date.accessioned |
2013-10-16T07:02:29Z |
|
| dc.date.available |
2013-10-16T07:02:29Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/19035 |
|
| dc.identifier |
ppn:503705349 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19035 |
|
| dc.description |
We 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.language |
eng |
|
| dc.relation |
CESifo working papers 1571 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
H55 |
|
| dc.subject |
D72 |
|
| dc.subject |
H53 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
pensions |
|
| dc.subject |
income effect |
|
| dc.subject |
tax burden |
|
| dc.subject |
politico-economic Markovian equilibrium |
|
| dc.subject |
Flexible Altersgrenze |
|
| dc.subject |
Soziale Sicherung |
|
| dc.subject |
Sozialversicherungsbeitrag |
|
| dc.subject |
Public Choice |
|
| dc.subject |
Einkommenseffekt |
|
| dc.subject |
Alternde Bevölkerung |
|
| dc.subject |
Theorie |
|
| dc.title |
Early retirement and social security : a long term perspective |
|
| dc.type |
doc-type:workingPaper |
|