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Title:Pension reform, retirement and life-cycle unemployment PDF Logo
Authors:Jaag, Christian
Keuschnigg, Christian
Keuschnigg, Mirela
Issue Date:2007
Series/Report no.:CESifo working paper 2163
Abstract:The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions: strengthening the tax benefit link, moving from wage to price indexation of benefits, lengthening calculation periods, and introducing more actuarial fairness in pension assessment. We provide some analytical results and use a computational model to demonstrate the economic and welfare impact of recent pension reform in Austria.
Subjects:pension reform
retirement
job search
life-cycle unemployment
JEL:D58
D91
H55
J26
J64
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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